Home with brick exterior material, street for 427 Cannon St, Hamilton Ontario L8L 2C8
Re-listed 85 days ago

427 Cannon St, Hamilton, Ontario L8L 2C8

Detached
3
3
~1086 sqft
$•••,•••
$499,000
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$4,990Cashback
Detached
3
3
~1086 sqft

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Highlights

Property Estimate

Days on market85 days

Total days on market
210 days

Estimated valueNot available

Price/Sqft$459/sqft

Monthly cost

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CMA Subject Property

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+6

Properties sold*

$568K

Median sold price*

*Based on last 30 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. 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 ®Number40715845
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

Second Floor

Kitchen

2.44 x 3.05

Bedroom

2.74 x 3.05

Bathroom

4-Piece

Bedroom

3.05 x 3.05


Features

Lot size: 2,800 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
85 days on market
history photo preview14
Listing by itso®

Market Data - Landsdale

Geo Zone Map ThumbnailLandsdale

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

25 days

Compared to

2024

64 days

2023

8 days

2022

8 days

New Listings

Past 30 days

18 listings

Compared to

2024

19 listings

2023

10 listings

2022

21 listings

Units sold

Past 30 days

6 units

Compared to

2024

6 units

2023

5 units

2022

3 units

Median Sold Price

Past 30 days

$437,500

Compared to

2024

$567,500

2023

$580,000

2022

$640,033


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