Frontside or backside of a home, the street view for 427 Cannon St, Hamilton Ontario L8L 2C8
16 days on Market

427 Cannon St, Hamilton, Ontario L8L 2C8

Detached
3
3
~1086 sqft
$499,900
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Detached
3
3
~1086 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$460/sqft

Est. Mortgage$2,147/mo

Tax Amount (2024)$2,364/yr

Days On Market16 days


Description

This 2-floor home is an investor’s dream, featuring separate rental units on both the main and top floors. There is additional potential to add another rental unit in the basement, all with separate entrances and a fire escape for safety and convenience. While not a legal duplex, this home offers great flexibility and rental income potential once renovated. Set on a large corner lot, the house is in need of work but offers significant upside for the right buyer. It’s being sold as-is, with no showings allowed due to safety concerns. This is a great opportunity for those with the vision and skill to unlock the full potential of this property. Don’t miss your chance to own a property in a prime location, with the possibility of creating multiple rental units.


Property Details

StyleTwo Story
View-
Age of property-
SqFt~1086 SqFt
Lot Size2,800 SqFt(100 x 28)
Parking Spaces2
MLS ®Number40683863
Community NameLandsdale
Data SourceITSO
Listing byRE/MAX Escarpment Frank Realty

Features

Heating: Forced Air, Natural Gas, Gas Hot Water
Basement: Development Potential, Separate Entrance, Walk-Out Access, Full, Finished

Main Floor

Bathroom

4-Piece

Bedroom

2.74 x 3.05

Kitchen

2.44 x 3.05

Living Room

3.05 x 3.05


Features

Lot size: 2,800 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX Escarpment Frank Realty, Brokerage

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Population and Demographics

Overview

Total population 6097
Average household income $82,643

Age (%)

20 to 34
29%
0 to 19
20%
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%

Schools and amenities

Estimated Budget