55 Cannon Street W, Hamilton

55 Cannon Street W, Hamilton, ON L8R2B4 Photo 1

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55 Cannon Street W, Hamilton, ON L8R2B4 Photo 2
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  • Bedrooms: 4
  • Bathrooms: 2
  • Living area: 1676 square feet
  • MLS®: h4188537
  • Type: Residential
  • Added: 33 days ago
  • Type: Residential
  • Listed by: Point2

Property Details

ATTENTION INVESTORS & FIRST TIME BUYERS! This property boasts convenience and versatility in Hamilton's Downtown core. With 1,676 sq.ft. including 4 bedrooms, 2 bathrooms and 2 kitchens, it offers the ideal setup for maximizing rental potential. Whether you're seeking a savvy investment or a comfortable home to reside in and rent out the other unit, this property promises a great opportunity. CAN BE PURCHASED WITH 55 CANNON ST W. Located in a fantastic downtown location on a bus route, close to West Harbour Front GO station, restaurants. Lock St, trendy shops, and schools.

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Features

  • Other: Inclusions: 2 Fridges, 2 stove, 1 dishwasher, 2 microwaves, washer, all existing light fixtures, all in "as is" condition, Exclusions: All tenants belonging, Foundation: Concrete Block, Laundry Access: In Area
  • Cooling: AC Type: Central Air
  • Heating: Gas, Forced Air
  • Lot Features: Urban
  • Extra Features: Area Features: Hospital, Marina, Schools
  • Interior Features: Fireplaces: Natural Gas, Kitchens: 2, 2 above grade, 2 4-Piece Bathrooms
  • Sewer/Water Systems: Sewers: Sewer

Nearby Places

Name Type Address Distance
District Separate Board 47 Hamilton-Wentworth School 90 Mulberry St 0.2 km
Hamilton-Wentworth Catholic District School Board It operates 55 schools: 48 elementary, and 7 secon... 0.2 km
Hamilton Farmer's Market It is an indoor market known well by locals for it... 0.2 km
Sir John A. Macdonald Secondary School (Hamilton, Ontario) The school opened in 1970 and presently has an enr... 0.3 km
Copps Coliseum Stadium 101 York Blvd 0.3 km
FirstOntario Centre The arena, which opened in 1985, has a capacity of... 0.3 km
Lloyd D. Jackson Square The civic square is located in the centre of the c... 0.4 km
Diocese of Niagara Located within the ecclesiastical province of Onta... 0.4 km
Christ's Church Cathedral (Hamilton, Ontario) John's and as such is the oldest extant Anglican c... 0.4 km
Sheraton Hamilton Jackson Square Mall complex... 0.4 km
Stelco Tower Originally known as Stelco Tower and now officiall... 0.4 km
Jackson Square Shopping mall 2 King St W 0.4 km
Similar Houses Stat in Hamilton
We have found 6 Houses that closely match the specifications of the property located at 55 Cannon Street W with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 524,888 and 699,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L8R2B4 postal code area of Hamilton Ontario Canada.
55 Cannon Street W mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 55 Cannon Street W. The current price of the property is $499,900, 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 $399,920. This would result in a monthly mortgage payment of $2,338 over a 25-year amortization period.
Comparison of 55 Cannon Street W, Hamilton, ON with Nearby Houses
Nearby Cities Listings Avg. price
Stoney Creek 193 $1.190.114
Dundas 52 $1.981.234
Burlington 780 $1.521.078
Waterdown 66 $1.285.474
Ancaster 151 $1.867.522
Grimsby 237 $1.058.890
Caledonia 60 $1.378.805
West Lincoln 59 $2.129.457
Popular Cities Listings Avg. price
Oakville 844 $1.940.681
Cambridge 394 $1.052.267
Milton 381 $1.819.816
St Catharines 561 $891.697
Mississauga 1343 $1.351.252
Welland 312 $1.003.052
Guelph 348 $929.098
Brampton 1148 $1.213.890
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