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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
    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!
    144 days
    on Zillow
    |
    27
    |
    2
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    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

    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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