195 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 Market195 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

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

30 days

Compared to

2024

39 days

2023

24 days

2022

10 days

New Listings

Past 30 days

22 listings

Compared to

2024

21 listings

2023

13 listings

2022

17 listings

Units sold

Past 30 days

4 units

Compared to

2024

5 units

2023

5 units

2022

9 units

Median Sold Price

Past 30 days

$435,000

Compared to

2024

$546,000

2023

$520,000

2022

$650,000


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

Transportation Scores

Estimated Budget