Home with brick exterior material, street for 427 Cannon St, Hamilton Ontario L8L 2C8
Re-listed 23 days ago

427 Cannon St, Hamilton, Ontario L8L 2C8

Detached
3
3
~1086 sqft
$•••,•••
$499,000
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$4,990Cashback
Detached
3
3
~1086 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$459/sqft

Est. Mortgage$2,143/mo

Tax Amount (2024)$2,364/yr

Days On Market23 days

Total Days On Market148 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 ®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

Login required
Price changeActive
$•••,•••
Login required
Re-listed
$•••,•••
23 days on market
history photo preview14
Listing by itso®
Property listed by RE/MAX Escarpment Frank Realty, Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

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

38 days

Compared to

2024

60 days

2023

17 days

2022

17 days

New Listings

Past 30 days

15 listings

Compared to

2024

14 listings

2023

9 listings

2022

16 listings

Units sold

Past 30 days

4 units

Compared to

2024

8 units

2023

8 units

2022

7 units

Median Sold Price

Past 30 days

$550,000

Compared to

2024

$611,000

2023

$578,750

2022

$690,000


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