For Sale

563 Cannon Street

$350,000
Hamilton, Ontario L8L 2G2 · MLS® X13606052 · Updated 1d ago
563 Cannon Street E, Hamilton, ON L8L 2G2
1 / 5 photos
5
Bedrooms
3
Bathrooms
Sq Ft
2
Parking

About This Home

Attention investors, contractors, and renovators. Opportunity to acquire a property at 563Cannon St E in the Gibson area of Hamilton currently configured as a duplex with two self contained units. Each unit offers 2 bedrooms, separate kitchens, individual hydro meters, separate breaker panels, and two furnaces servicing the property.Unit 1: Main Floor and 2nd Floor. 2 Bedrooms 1 Bathroom 1 Kitchen Unit 2: Main Floor and Lower. 1 Bedroom Above Grade, 1 bedroom Below, a large Den, 2 Kitchens(1 Above Grade, 1 Below Grade)The upper unit is in relatively clean condition with a bright and functional layout. The lower unit spans part of the main floor and basement and requires cleaning Previous rents were $1,470/month (upper) and $870/month (lower), offering strong upside potential for those looking to renovate and reposition the asset. Property is tenanted and access may be limited due to tenancy and site conditions. Property is being sold strictly in "as is, where is" condition. Seller makes no representations or warranties with respect to the property, its condition, retrofit status, or legality of use. Buyers to conduct their own due diligence.

Property Information

Type
Residential Freehold
Style
Duplex
Architectural Style
2 1/2 Storey
Age
100+
Lot Size
24 × 100 ft
Direction Faces
North
Bedrooms
5 (3 + 2)
Kitchens
3
Parking
2 total · None
Cross Street
Cannon St E & Gibson Ave
Postal Code
L8L 2G2
Occupancy
Tenant
Possession
Flexible
MLS#
X13606052
Listing Office
THE CANADIAN HOME REALTY INC.

Building Details

Construction
Brick
Roof
Asphalt Shingle
Heating
Forced Air · Gas
Cooling
Window Unit(s)
Basement
Separate Entrance
Fireplace
No
Pool
None
Elevator
No

Features & Amenities

Interior
Separate Heating ControlsSeparate Hydro Meter

Financials & Fees

Annual Property Tax
$2,940 (2025)

Inclusions & Exclusions

Inclusions

All Appliances, All Electronic Light Fixturesand Window Coverings

Exclusions

Tenant's belongings, AC Units

Location

Listing courtesy of:THE CANADIAN HOME REALTY INC.

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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