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MULTI RESIDENTIAL SALE

523 Cannon Street East

Hamilton, ON, Canada

$3,515 (2022)

Duplex Up/Down

TYPE:

$759,000

TAX:

MAINTENANCE:

Gibson/Stipley

MLS #:

40508484

Property Description

Turnkey legal duplex property on 24’ x 116’ lot! Seize the opportunity to add a remarkable gem to your real estate portfolio. This all brick 2.5 storey has undergone recent top-to-bottom renovations, ensuring a hassle-free investment experience. With three separate units and space for up to six cars in the rear of the property, this is a truly exceptional find. Generating a monthly income of $4,150 with existing tenant leases, this property has potential to increase rental income for Units #1 and #2 starting from December 1st, 2023. Unit #1 Main Floor: This 902 sq ft unit boasts a well-designed layout with 1 bedroom, 4PC bathroom, in-suite laundry, and open-concept kitchen with quartz countertops, decor backsplash, pot lights, stainless steel appliances, breakfast bar, wide plank flooring, and a small office nook. It's perfect for comfortable living. Unit #2 Upper 1.5 Storey: Offers a generous 1,175 sq ft of space, which includes 2 bedrooms, 4PC and 2PC bathroom, spacious open-concept kitchen with white quartz countertops, breakfast bar, stylish backsplash, stainless steel appliances, wide plank flooring, and pot lights. The roomy living area is ideal for gatherings and entertaining. The basement offers a separate entrance & provides 505 sq ft of living space, featuring 1 bedroom, 3PC bathroom, a well-equipped kitchen with stainless steel appliances, quartz countertops, decor backsplash, pot lights, tile floors, and laundry. Location is key, and this property's location is ideal. Situated close to schools, parks, amenities, and hospitals, it's only a 10-minute walk to the proposed Sherman LRT station and a mere 15-minute drive to McMaster University. Whether you're a seasoned investor or just starting out, this property offers the potential for steady rental income and is a wise addition to your real estate portfolio.

Rene Illescas

Email

Phone

289-937-1107

Bedrooms

4

Garage

Driveway

Bathrooms

3+1

Basement

Full (Finished)

Sqft

2078

List Date

23-11-02

MORE INFO ON
523 Cannon Street East

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