536 Cannon Street East, Hamilton, ONL8L 2E9
Property Information
Monthly Cost
Description
An exceptional investment opportunity in Hamilton's Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one! OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. RSA.
Listing History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
View on MapSchool Catchments
School boundaries and eligibility may change. Confirm school eligibility directly with the school board.
All Hamilton school catchments →Licensed Childcare Nearby
- 6
- Licensed centres nearby
- 0.4km
- Closest centre
- 3
- CWELCC
- 2
- Before & after careBefore & after programs
About Gibson
View Gibson on Market →Who lives here
A snapshot of this home’s immediate area — the census dissemination area it sits in.
- 50%
- Homeowners
- 67%
- Households with kids
- $62,800
- Median income
- 31
- Median age
More about this area
- 2.7
- Avg. household size
- 26%
- University degree
- 34%
- Newcomers (immigrants)
StatCan 2021 Census · this home’s dissemination area (DA 35250954). Values are randomly rounded by Statistics Canada for privacy.
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Data sources & legal disclosures
Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.
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