487 Cannon Street

487 Cannon Street
487 Cannon Street
487 Cannon Street
+19
5+1
 bed
4
 bath
2
 parking
-
 sqft
Duplex
$729,999
For Sale
37 days
 on site
$729,999
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Size
-
Lot size
1900 sqft
Street frontage
-
Possession
Immediate
Price per sqft
-
Taxes
$3,474.34 (2024)
Parking Type
-
Style
2 1/2 Storey
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Description
Welcome to this meticulously maintained 4-unit investment property, offering exceptional cash flow and long-term appreciation potential. Featuring three 1-bedroom units and one 2-bedroom unit, this turnkey asset generates $52 860 in annual gross rent with very low operating expenses; investors can achieve great positive cash flow, a rare find in today's market! Tenants are paying market rents and in good standing, ensuring stable, hassle-free income. Recent updates include a new roof and fence (2018), interior waterproofing, new concrete walkway, plumbing upgrades, window replacements, door updates, and tree trimming see the full list of improvements in the attachments. With extensive maintenance completed, this is a prime, low-maintenance investment in a high-demand rental market. Upside potential exists with interior cosmetic updates, making this an ideal opportunity for savvy investors looking for both immediate income and long-term growth. Financials attached. Offers welcome anytime!
Broker: RIGHT AT HOME REALTY
MLS®#: X12018990
Property details
Parking:
2
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
-
Lot front:
20 Ft
Lot depth:
95 Ft
Listed on:
Mar 14, 2025
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Instant estimate:
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$3,594
higher than listed price
i
High
$757,756
Mid
$733,593
Low
$706,085
487 Cannon Street
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$999,999
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8 Harvey Street
1/30
$699,000
129 days
8 Harvey Street
3BD
3BA
2 Parking
MLS#: X11890294
RIGHT AT HOME REALTY
129 days
8 Harvey Street
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$999,999
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8 Harvey Street
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$999,999
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About 487 Cannon Street

487 Cannon Street is a Hamilton duplex for sale. It has been listed at $729999 since March 2025. This duplex has 5+1 beds and 4 bathrooms.

There are a lot of great restaurants around 487 Cannon St E, Hamilton City. If you can't start your day without caffeine fear not, your nearby choices include Tim Hortons. Groceries can be found at De Rosa Bakery & Restaurant which is a short walk and you'll find Cipolla, Joseph DDS only a 4 minute walk as well. Love being outside? Look no further than Pinky Lewis Parkette and Powell Park, which are both only steps away.

For those residents of 487 Cannon St E, Hamilton City without a car, you can get around quite easily. The closest transit stop is a Bus Stop (CANNON at SANFORD) and is only steps away connecting you to Hamilton City's public transit service. It also has route Cannon nearby.