$ 649,999

1367 Cannon Street E, Hamilton

Welcome to 1363-1367 Cannon St. E, an exceptional investment opportunity that hasn't been available for over 40 years. This well-maintained property offers 2397 sq ft of living space and is zoned as a Triplex (323), featuring 5 self-contained units in total. Situated in a highly desirable area with a high walk score, the location is unbeatable. Within walking distance, you'll find the bustling Center Mall, trendy Ottawa Street, and a variety of amenities, making this property incredibly convenient for tenants. The building consists of three floors, with each unit offering a functional layout. The first floor contains 2 units: Unit 1 features a kitchen, living room, bedroom, and a 4-piece bathroom, while Unit 2 offers a similar setup but also includes an additional 2-piece bath. The second floor has 2 more units: Unit 3, which is currently vacant and ready for new tenants, includes a kitchen, living room, bedroom, and 4-piece bath, while Unit 4 has a kitchen, bedroom, and 4-piece bath. The third floor features Unit 5, with a kitchen, living room, bedroom, and 4-piece bath, providing additional rental income potential. The property also includes a utility room and storage space in the basement, offering added convenience. With parking for 3 cars, tenants will enjoy the practicality of dedicated parking spaces in a busy neighborhood. This is an excellent opportunity for investors seeking a property that offers solid income potential in a highly sought-after location. After being under the same ownership for over four decades, this property is now available for the first time, offering a rare chance to capitalize on its long-term value. (id:1945)
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Property details for 1367 Cannon Street E, Hamilton

Type
Other
Bedrooms
6
Bathrooms
6
Living Area
2,397 square feet
Stories
2.5
Basement
Unfinished, Full
Parking
No Garage
Heating
Forced air, Natural gas
Exterior
Brick
Annual Taxes
$3,621

Nearby Listings Stat

Estimated price and comparable properties near 1367 Cannon Street E

Active Listings
3
Min Price
$649,999
Max Price
$649,999
Avg Price
$649,999
Days on Market
36
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Price History

Listed
August 12, 2026
by RE/MAX ESCARPMENT REALTY INC.
Current Price
$649,999
-5.8% from last change
Type
Other
For Sale
Price Changes
1
Date Price Change
Current $649,999 $40,000 (-5.8%)
Aug 12, 2026 $689,999 Listed

Contact Agent Get in touch about 1367 Cannon Street E, Hamilton

MICHAEL WILLIAM WOTHERSPOON
RE/MAX ESCARPMENT REALTY INC.

Similar Other Listings near 1367 Cannon Street E, Hamilton, ON L8H1W2

Comparison of 1367 Cannon Street E, Hamilton, ON with Nearby Other Listings