Home with brick exterior material, street for 305 Cannon St, Hamilton Ontario L8L 2B7
44 days on Market

305 Cannon St, Hamilton, Ontario L8L 2B7

Other
-
3
~1469 sqft
$654,900
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Other
-
3
~1469 sqft

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Highlights

Property Estimate

Days on market44 days

Estimated valueNot available

Price/Sqft$445/sqft

Monthly cost

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Description

Exceptional 3-unit property in the heart of Downtown Hamilton, positioned within one of the city's most vibrant and walkable urban core neighbourhoods. Centrally located between Hamilton General Hospital and St. Joseph's Healthcare, and just seconds to West Harbour GO, the Indoor Farmers' Market, Arts District, Restaurant District, and the brand-new TD Coliseum, offering unmatched access to transit, culture, and everyday amenities. This move-in-ready property has been thoughtfully designed for low maintenance and ease of ownership. All three units are fully modernized and upgraded to maximize rental performance and deliver strong, cash-positive returns. Each self-contained unit includes its own full appliance package featuring a stove, fridge, washer, dryer, range hood, and microwave, ensuring complete independence for tenants and simplified management for owners. The property features digital code locks for every unit offering secure, streamlined access throughout. Designed as a low-maintenance asset, the exterior and overall layout allow for minimal ongoing upkeep. With consistent rental demand and long-term stability, this property presents an outstanding opportunity for investors or end users including first-time buyers, families, and professionals looking to offset mortgage payments while building long-term real estate wealth in a high-growth downtown location.


Property Details

StyleApartment
View-
Age of property-
SqFt~1469 SqFt
Lot Size1,325 SqFt(53 x 25)
Parking Spaces-
MLS ®NumberX13105938
Community NameLandsdale
Data SourceTRREB
Listing byMICHAEL ST.JEAN REALTY INC.

Features

Heating: Gas Forced Air Open
Cooling: Y

Features

Lot size: 1,325 SqFt

Property listed by MICHAEL ST.JEAN REALTY INC., Brokerage
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Market Data - Landsdale

Geo Zone Map ThumbnailLandsdale

Strong Buyer's Market

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Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

16 days

Compared to

2025

51 days

2024

23 days

2023

38 days

New Listings

Past 30 days

11 listings

Compared to

2025

25 listings

2024

32 listings

2023

13 listings

Units sold

Past 30 days

4 units

Compared to

2025

9 units

2024

13 units

2023

8 units

Median Sold Price

Past 30 days

$427,500

Compared to

2025

$470,000

2024

$515,000

2023

$587,500


Population and Demographics

Overview

Total population 6097
Average household income $82,643

Age (%)

0 to 19
20%
20 to 34
29%
35 to 49
19%
50 to 64
18%
65 and plus
13%

Household composition (%)

Single family
48%
Single person
42%
Multi person
9%
Multi family
1%

Mother tongue (%)

English
76%
Portuguese
6%
Spanish
3%
Vietnamese
2%
Arabic
2%
Others
2%
French
2%
Somali
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
67%
Owners
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget