For sale 50$679,900
536 Cannon Street East
Hamilton, Ontario L8L2E9
For sale· Added
About this home
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. Call or message today for the proforma and more details! RSA.
Location
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Property details
Listing
- MLS® number
- 40868760
- Added
- Oct 5, 2026 ()
- Updated
- Oct 7, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Duplex
- Storeys
- 2.5
- Finished area
- 1,525 sq ft
- Finished basement
- 582 sq ft
- Ownership
- Freehold
Inside
- Bedrooms
- 5
- Bathrooms
- 4
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
- Appliances
- Window Coverings
Building
- Basement
- Finished, Full
- Exterior
- Brick, Vinyl siding
Land
- Frontage
- 26 ft
- Zoning
- D
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
Location
- Community
- Gibson/Stipley
- Cross streets
- Cannon St E between Stirton St & Sanford Ave
- Nearby
- Community Centre
Running costs
- Annual property tax
- $4,792
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