Patio, street for 1295 Cannon St, Hamilton Ontario L8H 1V5
1 day on Market

1295 Cannon St, Hamilton, Ontario L8H 1V5

Detached
2
2
~2000-2500 sqft
$649,000
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Detached
2
2
~2000-2500 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$292/sqft

Monthly cost

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CMA Subject Property

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+12

Properties sold*

$450K

Median sold price*

*Based on last 30 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 25 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! LET'S GET MOVING!


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size1,850 Ac(74 x 25)
Parking Spaces5
MLS ®NumberX12341939
Community NameCrown Point East
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Baseboard
Cooling: Wall Unit
Basement: Full, Unfinished

Main Floor

Office

9.14 x 9.14

Other

3.05 x 3.05


Features

Lot size: 1,850 Ac

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Market Data - Crown Point East

Geo Zone Map ThumbnailCrown Point East

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

45 days

2023

21 days

2022

16 days

New Listings

Past 30 days

20 listings

Compared to

2024

23 listings

2023

12 listings

2022

10 listings

Units sold

Past 30 days

7 units

Compared to

2024

12 units

2023

8 units

2022

6 units

Median Sold Price

Past 30 days

$440,000

Compared to

2024

$450,000

2023

$565,000

2022

$563,500


Population and Demographics

Overview

Total population 5136
Average household income $88,365

Age (%)

0 to 19
22%
20 to 34
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget