20
  • X12219524
  • MLS® Number
  • Property Type
  • Duplex, Residential
  • Acres
  • Land Area
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • Sqft
  • Area Size

487 Cannon E Street, Hamilton, ON L8L 2E5

  • $699,999
  • $729,999

Description

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!

Details

MLS® Number X12219524
6 Bedrooms
4 Bathrooms
Updated on October 8, 2025 at 12:54 pm

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: None
  • County: Hamilton
  • Property Type: Residential
  • Pool: None
  • Architectural Style: 2 1/2 Storey

Address

  • Address: 487 Cannon E Street
  • City: Hamilton
  • State/county: ON
  • Zip/Postal Code: L8L 2E5
  • Country: CA

Contact Information

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