A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 55 Cannon St, Hamilton Ontario L8R 2B4
109 days on Market

55 Cannon St, Hamilton, Ontario L8R 2B4

Detached
4
2
~1500-2000 sqft
$479,900
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Detached
4
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$279/sqft

Est. Mortgage$2,061/mo

Tax Amount (2024)$3,648/yr

Days On Market109 days


Description

ATTENTION INVESTORS & FIRST TIME BUYERS! This property boasts convenience and versatility in Hamilton's Downtown core. With 1,676sq.ft. including 4 bedrooms, 2 bathrooms and 2 kitchens, it offers the ideal setup for maximizing rental potential. Whether you're seeking a savvy investment or a comfortable home to reside in and rent out the other unit, this property promises a great opportunity. Located in a fantastic downtown location on a bus route, close to West Harbour Front GO station, restaurants. Lock St, trendy shops, and schools.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size1,542 SqFt(75.6 x 20.4)
Parking Spaces-
MLS ®NumberX11921206
Community NameCentral
Data SourceTRREB
Listing byRE/MAX ESCARPMENT GOLFI REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Full

Main Floor

Kitchen

5.23 x 4.76

Br

3.75 x 3.67

Br

3.92 x 3.72

Living

3.8 x 3.77


Features

Lot size: 1,542 SqFt

Property listed by RE/MAX ESCARPMENT GOLFI REALTY INC., Brokerage

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Market Data - Central

Geo Zone Map ThumbnailCentral

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

7 days

Compared to

2024

11 days

2023

16 days

2022

3 days

New Listings

Past 30 days

6 listings

Compared to

2024

5 listings

2023

3 listings

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

2 units

2022

1 unit

Median Sold Price

Past 30 days

$696,000

Compared to

2024

$446,000

2023

$662,500

2022

$650,000


Population and Demographics

Overview

Total population 7146
Average household income $85,783

Age (%)

20 to 34
30%
35 to 49
19%
50 to 64
18%
65 and plus
18%
0 to 19
15%

Household composition (%)

Single person
53%
Single family
39%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
72%
Others
5%
Arabic
4%
Spanish
4%
Portuguese
3%
Vietnamese
2%
Somali
2%
Mandarin
2%
French
1%

House tenancy (%)

Renters
76%
Owners
24%

Schools and amenities

Estimated Budget