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487 Cannon Street

Hamilton, L8L 2E5
6 Beds
4 Bath

$729,999

Est. Payment
$2,788/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by RIGHT AT HOME REALTY
DuplexMLS #X12018990New

Price comparison with similar homes in Hamilton

Compared to 1 similar home
-25.1% Lower
Market Avg. of (1 similar homes)
$974,900

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Client Remarks

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!

About This Property

487 Cannon Street, Hamilton, L8L 2E5

Property Type
Duplex
Lot Size
N/A
Style
2 1/2 Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Apartment, Finished
Building Size
N/A
Status
In-Active
Property Type
Duplex
Maintenance Fee
N/A
Year Built
2025
satellite view
Walk around the neighborhood
487 Cannon Street, Hamilton, L8L 2E5
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 487 Cannon Street

Default Agent

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