55 days on Market

1295 Cannon St, Hamilton, Ontario L8H 1V5

Other
-
-
~2240 sqft
$700,000
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Other
-
-
~2240 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$312/sqft

Est. Mortgage$3,006/mo

Tax Amount (2023)$5,320/yr

Days On Market55 days


Description

Excellent Multi-Use opportunity in the heart of Crown Point. Main floor unit currently being used as a convenience store. Perfect for a retail space with lots of traffic from trendy Ottawa St, local neighbourhood and school across the street. Second floor has a spacious 2 bedroom, 1 bathroom apartment. Basement is high and dry with lots of storage, laundry and 2-piece bathroom. The building has been properly maintained by same owners for 22+ years. Updated parking lot, roof (2015) & walk-in freezer. Units are separately metered. Recently approved beer licence, with lots of new sales. Perfect opportunity to invest in the City of Hamilton!


Property Details

StyleCommercial Sale
View-
Age of property-
SqFt~2240 SqFt
Lot Size1,850 SqFt(74 x 25)
Parking Spaces5
MLS ®Number40673063
Community NameCrown Point East
Data SourceITSO
Listing byRE/MAX Escarpment Realty Inc.

Features

Basement: Full

Features

Lot size: 1,850 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by RE/MAX Escarpment Realty Inc., Brokerage

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Population and Demographics

Overview

Total population 5136
Average household income $88,365

Age (%)

20 to 34
22%
0 to 19
22%
35 to 49
22%
50 to 64
21%
65 and plus
13%

Household composition (%)

Single family
59%
Single person
34%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
89%
Others
3%
Spanish
2%
Portuguese
1%
Tagalog (Pilipino, Filipino)
1%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

Schools and amenities

Estimated Budget