$699,999
Listed for $699,999 on Jun. 13, 2025

487 Cannon Street

Hamilton

6 Bed|4 Bath|Yes|291 days on market

$699,999

Listed for $699,999 on Jun 13, 2025

Or call Dwelly at: (647) 797-1133

Home Details

Taxes
$290 / month
Total Parking Spots
2
Garage Spaces
2
Furnished
No
Move-in Date
Immediate
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Apartment, Finished
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Brick
Sewer
Sewer
Property Type
Residential Freehold

Listing 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!

About 487 Cannon Street, Hamilton

Located at 487 Cannon Street , this Hamilton house was listed for $699,999. It has 6 bedrooms and 4 bathrooms. The property's amenities include Hospital, Park, Public Transit, Place Of Worship, Rec./Commun.Centre, School. The property includes the following rooms: . This property comes with 2 parking spots.


MLS#: undefined · $699,999 · 6 bedroom house in Hamilton