Ideal investor Opportunity in Prime West Hamilton This vacant, income-generating property offers a rare chance to own a multi-residential / commercial investment in one of Hamilton’s most vibrant and sought-after neighborhoods. Featuring 4 self-contained residential units, each with separate entrances, and a detached commercial office, this charming character home offers a total of over 3,250 sq ft of finished living space and significant income potential. The unit breakdown includes: Main Floor: Spacious 2-bedroom unit (potential for a 3rd bedroom), kitchen, and 3-piece bath. Second Floor: 2-bedroom unit with kitchen and 4-piece bath. Two 1-Bedroom units Units: Each is a 1-bedroom unit with its own kitchen and 3-piece bath. One Additional Detached unit: This is a large office unit with a kitchenette and a 3-piece bath. The property also includes 3 separate hydro meters, 2 hot water heaters, and a new H/E boiler for efficient heating. Situated steps from James Street’s diners, boutiques, and the local farmers' market, this property benefits from an unbeatable location. Tenants will love the proximity to Bayfront Park, King William’s bustling restaurants, and the convenience of amenities like a walk-in clinic, pharmacy, dentists, and local grocers—all right outside the doorstep. For commuters, the property is just minutes from Highway 403, offering easy access to Toronto and surrounding areas. The area also boasts plenty of nightlife, bars, a cinema/movie theatre, and is steps away from the up-and-coming sports venue. Note: There is a variance between the frontage recorded on the deed and the survey—buyers are advised to verify. This is an exceptional opportunity to invest in a high-demand location with strong rental appeal. Don’t wait—unlock the potential of this unique property today!
For sale
C$950,000
59 Cannon St W, Hamilton, ON L8R 2B4
6beds
5baths
2,409sqft
Multi-5 Unit, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
C$394/sqft
C$-- HOA
What's special
One additional detached unit
- 144 days
- on Zillow |
- 27 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 10:06am
Listed by:
Craig R. Bush, Salesperson,
RE/MAX Escarpment Realty Inc.
Source: ITSO,MLS®#: 40688351Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Natural Gas, Other
Cooling
- Wall Unit(s), Other
Appliances
- Laundry: In-Suite
Features
- Accessory Apartment
- Basement: Separate Entrance,Walk-Up Access,Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,849
- Total interior livable area: 2,409 sqft
- Finished area above ground: 2,409
- Finished area below ground: 440
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Exclusive, Outside/Surface/Open, Private Drive Triple+ Wide
- Uncovered spaces: 4
Features
- Patio & porch: Enclosed
- Exterior features: Private Entrance
- Frontage type: South
- Frontage length: 75.59
Lot
- Size: 3,837.7 Square Feet
- Dimensions: 75.59 x 50.77
- Features: Rectangular, City Lot, Highway Access, Hospital, Library, Park, Place of Worship, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
Details
- Parcel number: 175860024
- Zoning: D4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-5 Unit, Multi Family
Materials
- Brick, Metal/Steel Siding, Vinyl Siding
- Foundation: Stone
- Roof: Asphalt Shing
Condition
- 100+ Years
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Hamilton
Financial & listing details
- Price per square foot: C$394/sqft
- Annual tax amount: C$5,311
- Date on market: 1/7/2025
- Inclusions: None
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