175 days on Market

1295 Cannon St, Hamilton, Ontario L8H 1V5

Detached
2
2
- sqft
$•••,•••
$665,000
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Detached
2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,856/mo

Tax Amount (2024)$5,320/yr

Days On Market175 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. Perfect opportunity to invest in the City of Hamilton!


Property Details

Style2-Storey
View-
Age of property51-99
SqFt-
Lot Size-
Parking Spaces5
MLS ®NumberX10405894
Community NameCrown Point East
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

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

Parking

Garage spaces -

Garage type -

Total parking spaces 5


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

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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

39 days

2023

14 days

2022

5 days

New Listings

Past 30 days

12 listings

Compared to

2024

6 listings

2023

10 listings

2022

18 listings

Units sold

Past 30 days

6 units

Compared to

2024

8 units

2023

8 units

2022

16 units

Median Sold Price

Past 30 days

$401,500

Compared to

2024

$491,000

2023

$504,500

2022

$682,750


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