Home with brick exterior material, street for 115 Cannon St, Hamilton Ontario L8L 2A2
115 days on Market

115 Cannon St, Hamilton, Ontario L8L 2A2

Other
-
3
~2800 sqft
$•••,•••
$749,900
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Other
-
3
~2800 sqft

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Highlights

Property Estimate

Days on market115 days

Estimated valueNot available

Price/Sqft$267/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$370K

Median sold price*

*Based on last 30 days

Description

Prime Downtown Hamilton Investment Opportunity High Cash Flow + Value-Add Potential. Truly a cash flow powerhouse in the heart of downtown Hamiltons prime gentrification zone - steps from James St N and across from the Beasley Condos. This turnkey triplex offers over $1,000/month in net income with major upside still available. Two 2-bedroom units have been gutted and fully renovated, and the spacious 3-bedroom unit leaves room for forced appreciation. Featuring 3 new hydro meters, updated plumbing and electrical, and A+ tenants in place, this is a rare opportunity to secure a high-performing asset in a booming neighbourhood.


Property Details

StyleApartment
View-
Age of property100+
SqFt~2800 SqFt
Lot Size2,557 SqFt(110 x 23.25)
Parking Spaces-
MLS ®NumberX12193237
Community NameBeasley
Data SourceTRREB
Listing byRock Star Real Estate Inc., Brokerage

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 2,557 SqFt

Market Data - Beasley

Geo Zone Map ThumbnailBeasley

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

53 days

Compared to

2024

26 days

2023

22 days

2022

55 days

New Listings

Past 30 days

32 listings

Compared to

2024

24 listings

2023

18 listings

2022

12 listings

Units sold

Past 30 days

4 units

Compared to

2024

1 unit

2023

8 units

2022

3 units

Median Sold Price

Past 30 days

$395,000

Compared to

2024

$370,000

2023

$489,767

2022

$699,999


Population and Demographics

Overview

Total population 6217
Average household income $84,755

Age (%)

0 to 19
17%
20 to 34
34%
35 to 49
19%
50 to 64
17%
65 and plus
13%

Household composition (%)

Single person
48%
Single family
41%
Multi person
11%
Multi family
1%

Mother tongue (%)

English
71%
Portuguese
4%
Spanish
4%
Arabic
3%
Somali
3%
Others
2%
Mandarin
2%
Gujarati
2%
Vietnamese
1%
Italian
1%
French
1%

House tenancy (%)

Renters
75%
Owners
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget