487 Cannon Street E

487 Cannon Street E
487 Cannon Street E
487 Cannon Street E
+18
3
 bed
4
 bath
2
 parking
2050
 sqft
Detached
* This unit size is calculated from property.ca data
$729,999
Instant Estimate Not Available
For Sale
24 days
 on site
$729,999
Instant Estimate Not Available
* This unit size is calculated from property.ca data
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Size
2050 sqft
Lot size
1900 sqft
Street frontage
-
Possession
-
Price per sqft
$356
Taxes
$3,474.34 (2024)
Parking Type
-
Style
2.5 Storey
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Description
Welcome to this meticulously maintained 4-unit investment property, o?ering 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. O?ers welcome anytime!
Broker: RIGHT AT HOME REALTY
MLS®#: 40745150
Property details
Parking:
2
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
2.5 Storey
MLS Size:
2050 sqft
Lot front:
20 Ft
Lot depth:
95 Ft
Listed on:
Jun 13, 2025
Show all details
Rooms
LevelNameSizeFeatures
Basement
Kitchen
3.81 x 1.50 ft
Main
Kitchen
3.99 x 3.10 ft
Second
Bedroom
4.90 x 3.00 ft
Instant estimate:
Not Available

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About 487 Cannon Street E

Located at 487 Cannon Street E, this Hamilton detached house is available for sale. It has been listed at $729999 since June 2025. This 2050 sqft detached house has 3 beds and 4 bathrooms.

Some good places to grab a bite are Hot Stone Pizza & Shawarma, 541 Exchange & Eatery or Miss Lyns. If you love coffee, you're not too far from Tim Hortons located at 505 Cannon St E. Groceries can be found at De Rosa Bakery & Restaurant which is nearby and you'll find Cipolla, Joseph DDS a 4-minute walk as well. If you're an outdoor lover, detached house residents of 487 Cannon St E, Hamilton City are not far from Pinky Lewis Parkette and Powell Park.

If you are looking for transit, don't fear, 487 Cannon St E, Hamilton City has a public transit Bus Stop (CANNON at SANFORD) only steps away. It also has route Cannon close by.

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