536 Cannon Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $679,900 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 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25.5 x 80 ft lot
- Features a finished, full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available with a convenient other configuration
- Notable attributes: Carpet Free, In-Law Suite, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
An exceptional investment opportunity in Hamilton's Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one! OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. RSA.
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Property Summary
This duplex located at 536 Cannon Street, Hamilton is currently for sale and has been available on SousaSells for 81 days. This property is listed at $679,900 with an estimated mortgage of $2,263* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 536 Cannon Street, Hamilton is in the Gibson neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Gibson, Hamilton.
- •5 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Gibson, Hamilton.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- Library
- Park
- Place Of Worship
- Public Transit
- School
Interior Features
- Carpet Free
- In-Law Suite
- Primary Bedroom - Main Floor
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 536 Cannon Street, Hamilton, ON
Q.What is the asking price for 536 Cannon Street, Hamilton, ON ?
The current listing price for 536 Cannon Street, Hamilton, ON in Gibson, Hamilton is $679,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 536 Cannon Street, Hamilton, ON ?
536 Cannon Street, Hamilton, ON is a Duplex (2 1/2 Storey) featuring a Finished, Full, Separate Entrance basement.
Q.What key property features does 536 Cannon Street, Hamilton, ON offer?
Key property features include: Fenced Yard, Library, Park, Place Of Worship, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (Other).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Gibson, Hamilton
52 assaults (371.4/100k)
18 B&E (128.6/100k)
20 thefts (142.9/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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 536 Cannon Street E, Hamilton, ON L8L 2E9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $679,900 in Hamilton, the legal minimum down payment is $42,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,073 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,073.
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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.
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