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487 Cannon St E, Hamilton

  • Bedrooms: 5
  • Bathrooms: 4
  • Type: Residential
Source: Public Records

Property Details

Attention All Investors, This Is The One You've Been Waiting For! This Fantastic 4 Unit Income Property Is Cash Flowing Over $750/Month & Has Been Meticulously Managed Over The Years With Great Attention To Tenant Relations And Structure Of The Property Over Aesthetics, All The Hard Expensive Work As Been Done. Attached Are All The Current Rents And A List Of Improvements Recently Made To The Property. All Tenant Doors Are Steel Doors With Codes Instead Of Keys. Full Roof Replacement Was Done In 2018. New Fence Also Professionally Installed 2018. 3-1 Bedroom Units And 1-2 Bedroom Unit All With Current Rents And Paying On Time! Come Take A Look!

Property Information

  • Heating: Forced air, Natural gas
  • Basement: Full, Apartment in basement
  • Photos Count: 17
  • Parking Total: 2
  • Bedrooms Total: 5
  • Structure Type: House
  • Common Interest: Freehold
  • Street Dir Suffix: East
  • Tax Annual Amount: 3038.41
  • Exterior Features: Brick
  • Community Features: Community Centre
  • Lot Size Dimensions: 20 x 95 FT
  • Extras: Driveway Can Be Rented For $50/Month. New Washer Dryer. Rents/Utility Breakdown Provided In Attachments. We Have A Great Relationship With All Tenants And They All Pay On Time, All Tenants Month To Month. (id:1945)

Nearby Places

Name Type Address Distance
Barton Street Arena Originally, the arena had a seating capacity of 4,... 0.2 km
Cathedral High School School 30 Wentworth St N 0.3 km
Cathedral High School (Hamilton, Ontario) Classes were held in two rooms at St... 0.3 km
Hamilton General Hospital Hospital 237 Barton St E 1.0 km
270 Sherman The five buildings which together constitute 270 S... 1.0 km
Hamilton General Hospital HGH is the busiest cardiac surgery hospital in Can... 1.0 km
King William Street (Hamilton, Ontario) It is named after King William IV of the United Ki... 1.1 km
St. Peter's Hospital (Hamilton) The hospital became a part of Hamilton Health Scie... 1.2 km
Wellington Street (Hamilton, Ontario) It then starts up again north of the park on Young... 1.3 km
Ivor Wynne Stadium The club's previous home was the Hamilton Amateur ... 1.3 km
Tim Hortons Field During the Pan American Games, it was referred to ... 1.3 km
Victoria Avenue (Hamilton, Ontario) It's also a one-way thoroughfare that flows north ... 1.3 km
Similar Houses Stat in Hamilton
We have found 6 Houses that closely match the specifications of the property located at 487 Cannon St E with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 499,000 and 999,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L8L2E5 postal code area of Hamilton Ontario Canada.
487 Cannon St E mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 487 Cannon St E. The current price of the property is $729,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $583,920. This would result in a monthly mortgage payment of $3,413 over a 25-year amortization period.
Comparison of 487 Cannon St E, Hamilton, ON with Nearby Houses
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Ancaster Real Estate 168 $1.622.819
Oakville Real Estate 1175 $1.955.076
Stoney Creek Real Estate 236 $1.221.277
Cambridge Real Estate 574 $1.047.760
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Brampton Real Estate 1871 $1.182.831
Kitchener Real Estate 1007 $879.681
St Catharines Real Estate 680 $910.118
Caledon Real Estate 494 $2.711.675
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