59 Cannon Street, Hamilton, ON

$950,000
MLS#:X11920673
5 beds
5 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] multiplex located in the coveted neighborhood of Strathcona. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $950,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 5 Bathrooms with 5 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 75.59 x 50.77 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Accessory Apartment
  • equipped with ["window unit(s)"] central cooling and highly efficient forced air heating via gas

Ideal investor Opportunity in Prime West Hamilton This vacant, income-generating property offers a rare chance to own a multi-residential investment in one of Hamilton's most vibrant and sought-after neighborhoods. Featuring 5 self-contained units, each with separate entrances, this charming character home offers 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 bachelor unit with 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 Streets diners, boutiques, and the local farmers' market, this property benefits from an unbeatable location. Tenants will love the proximity to Bayfront Park, King Williams 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.

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
5
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 31, 2025
Sold price information is available to members only
Listed Date1/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick, Metal/Steel Siding
Lot Size75.59 × 50.77 Feet
CountyHamilton
Annual Tax$5,311.19
Legal DescriptionPT LT 12 BLK 11 PL 39 AS IN CD310379; CITY OF HAMILTON

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Window Unit(s)"]

Features

Property Features

Arts Centre, Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre

Community Features

Location

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59 Cannon Street, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 59 Cannon Street W, Hamilton, ON L8R 2B4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$760,000
Monthly Mortgage$4,416
Property Tax (Est.)$443
Utilities & Maint.$350
Total Monthly Cost$5,209

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hamilton.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

59 Cannon Street, Hamilton - 5 Bed 5 Bath Home For Sale | MLS# X11920673 | ZooZaa | ZooZaa Real Estate