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$549,000
5 Beds ⋅ 3 Baths ⋅ 40832202 MLS® #
Welcome to this exceptional opportunity to own a fully tenanted 2.5-storey triplex ideally located on a prominent corner lot in Hamilton’s vibrant east end. Perfectly suited for buyers looking to break into the market with the advantage of built-in rental income, this property offers the ideal blend of homeownership and long-term financial flexibility. Whether you are looking to offset your mortgage through house hacking, build equity faster, or expand your real estate portfolio with a cash-flowing asset, this is the type of property that delivers versatility and upside. The home features three self-contained units across a spacious and character-filled layout, along with the added convenience of a side parking pad. Currently generating approximately $51,576 in annual gross income with a projected NOI of roughly $41,688 annually, the property also presents a strong conservative income profile even when accounting for management and maintenance reserves. Situated on Cannon Street East, the location provides excellent access to public transit, major routes, schools, parks, and Tim Hortons Field, while remaining close to everyday amenities and growing neighbourhood conveniences. A rare opportunity to secure an income-generating property with strong fundamentals, mortgage-support potential, and long-term value growth in one of Hamilton’s evolving communities. (id:5764)

518 CANNON Street East, Hamilton

Listing courtesy of Real Broker Ontario Ltd..

$549,000
5 Beds ⋅ 3 Baths ⋅ X13156508 MLS® #
Welcome to this exceptional opportunity to own a fully tenanted 2.5-storey triplex ideally located on a prominent corner lot in Hamilton's vibrant east end. Perfectly suited for buyers looking to break into the market with the advantage of built-in rental income, this property offers the ideal blend of homeownership and long-term financial flexibility. Whether you are looking to offset your mortgage through house hacking, build equity faster, or expand your real estate portfolio with a cash-flowing asset, this is the type of property that delivers versatility and upside. The home features three self-contained units across a spacious and character-filled layout, along with the added convenience of a side parking pad. Currently generating approximately $51,576 in annual gross income with a projected NOI of roughly $41,688 annually, the property also presents a strong conservative income profile even when accounting for management and maintenance reserves. Situated on Cannon Street East, the location provides excellent access to public transit, major routes, schools, parks, and Tim Hortons Field, while remaining close to everyday amenities and growing neighbourhood conveniences. A rare opportunity to secure an income-generating property with strong fundamentals, mortgage-support potential, and long-term value growth in one of Hamilton's evolving communities. (id:5764)

518 Cannon Street East, Hamilton (Gibson)

Listing courtesy of REAL BROKER ONTARIO LTD..

$449,000
3 Beds ⋅ 2 Baths ⋅ X13735850 MLS® #
This newly renovated 2-storey detached home at 522 Cannon Street East now features beautiful new vinyl flooring throughout, adding warmth and elegance to its spacious layout. Offering 3+1 bedrooms, a large finished loft, and flexible living space with income-potential, the home blends modern upgrades with classic character. The remodeled bathroom includes granite counters and a clawfoot tub, complemented by an updated eat-in kitchen, 9-ft ceilings, and a welcoming slate-tiled foyer. Major improvements include a new roof (2022) and newer windows. Ideally located near transit, shops, dining, and highway access, this move-in-ready home is being sold as-is. (id:5764)

522 Cannon Street East, Hamilton (Gibson)

Listing courtesy of RIGHT AT HOME REALTY.