563 Cannon Street E, Hamilton, ON L8L 2G2

Listing courtesy of THE CANADIAN HOME REALTY INC..

$350,000
5
BD
3
BA
1,100
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$350,000
Status
ACTIVE
Days on Market
3
MLS® #
X13606052
Subtype
Residential Freehold
Style
2 1/2 Storey
Bedrooms
5
Bathrooms
3
Living Area
1,100
Subdivision
Cannon St E & Gibson Ave
Neighborhood
Gibson
MLS Area Major
Hamilton

Property Description

Attention investors, contractors, and renovators. Opportunity to acquire a property at 563Cannon St E in the Gibson area of Hamilton currently configured as a duplex with two self contained units. Each unit offers 2 bedrooms, separate kitchens, individual hydro meters, separate breaker panels, and two furnaces servicing the property.Unit 1: Main Floor and 2nd Floor. 2 Bedrooms 1 Bathroom 1 Kitchen Unit 2: Main Floor and Lower. 1 Bedroom Above Grade, 1 bedroom Below, a large Den, 2 Kitchens(1 Above Grade, 1 Below Grade)The upper unit is in relatively clean condition with a bright and functional layout. The lower unit spans part of the main floor and basement and requires cleaning Previous rents were $1,470/month (upper) and $870/month (lower), offering strong upside potential for those looking to renovate and reposition the asset. Property is tenanted and access may be limited due to tenancy and site conditions. Property is being sold strictly in "as is, where is" condition. Seller makes no representations or warranties with respect to the property, its condition, retrofit status, or legality of use. Buyers to conduct their own due diligence.

Additional Information

Interior Features
Separate Heating Controls, Separate Hydro Meter
Taxes
$2,940
Property Description
2 1/2 Storey
Exterior Features
Brick
Roof
Asphalt Shingle
Foundation
Poured Concrete

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks