2-Storey Work-Live House With 2 Parking Spots Near Tim Hortons Field

Property details for 466 Cannon Street E, Hamilton

Type: Residential
Style: Other
Bedrooms: 2
Bathrooms: 2
Living Area: 1,337 square feet
Stories: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Wall unit
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $3,783

This 2-storey house on Cannon Street E is a rare find: you can run a business from the front and live in the back. It's got 2 bedrooms, 1.5 baths, and just over 1,200 sq ft of space. Main floor is set up for your home occupation, with a separate entrance and a half bath. Kitchen's updated with modern cabinets and quartz counters, and there's a nice open flow to the living room. Upstairs, you'll find both bedrooms, including a primary with good closet space. Full basement is waterproofed and ready for storage or future finishing. Outside, the yard is low-maintenance brick and concrete, and you get two private parking spots in the back, which is gold around here. Place has been rewired with 200-amp service and has newer windows. You're minutes from Tim Hortons Field, Hamilton General Hospital (1 km), and a bunch of schools, including Cathedral High School just 0.3 km away. Beasley Park is 1.3 km if you need green space. Taxes are $3,782, and with a price of $649,900, it's priced above the nearby median of $449,999, but the location and work-live setup justify the premium. Sold prices in the area average $499,000, and homes sell in about 55 days, so the market's moving. If you're an entrepreneur or remote worker wanting a dedicated office without a commute, this is a solid option.

About 466 Cannon Street E, Hamilton — Property Score

Strong Investment Hot Market

Score: 66/100

Value

Priced 0.1% above area median of $649,000 based on 623 comparable properties nearby 70

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

2,043 sqft lot - a compact lot for the area 55

Location

$39K median household income - below the Canadian average of $70K 50

72% of residents hold postsecondary credentials - a highly educated neighbourhood 81

36% homeownership rate - a renter-majority neighbourhood 55

56% of residents commute under 30 minutes - good commuting convenience 75

6,691/km² population density - an urban neighbourhood 65

Market

Just listed - area average is 63 days on market 100

+33.3% median price change over 1 month - rising prices in the area 100

38.2 months of housing supply - 1871 active listings with 49 sold last month (buyer's market) 40

Features

2-car garage - area average is 4.8 spots 80

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Window-unit cooling 50

No premium extras like pool, waterfront, or view 50

Investment

0.58% effective tax rate ($3,782/yr) - very low tax burden 83

68% renter population - strong rental demand in this area 100

Quality

Condition

Listing

30 photos provided - below the area average of 38 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.