$434,900Asking Price
55 Cannon Street W, Hamilton, ON L8R 2B4
Central, Hamilton
Attention Investors & First-Time Buyers! 55 Cannon St W - Vacant Possession & Quick Closing Available! Discover endless potential in the heart of Downtown Hamilton. This 1,676 sq. ft. property features 2 self-contained units with 4 bedrooms, 2 bathrooms, and 2 kitchens, offering excellent versatility and income potential. Live in one unit and rent the other, or lease both for solid returns. Conveniently located on a bus route and just minutes to West Harbour GO, Locke Street, schools, restaurants, and trendy shops. A fantastic opportunity to start or grow your investment portfolio in a high-demand area.
Attention Investors & First-Time Buyers! 55 Cannon St W - Vacant Possession & Quick Closing Available! Discover endless potential in the heart of Downtown Hamilton. This 1,676 sq. ft. property features 2 self-contained units with 4 bedrooms, 2 bathrooms, and 2 kitchens, offering excellent versatility and income potential. Live in one unit and rent the other, or lease both for solid returns. Conveniently located on a bus route and just minutes to West Harbour GO, Locke Street, schools, restaurants, and trendy shops. A fantastic opportunity to start or grow your investment portfolio in a high-demand area.
See MoreKey Info
- 2-Storey Detached
- 0-Car Driveway
- No Garage
- MacNab Street N
- 1500-2000 Approximate Sq Feet
- 100+ Years Approximate Age
- Basement: Finished, Full
- 2 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 20.4 x 75.6 Feet
- Brick Exterior
- Taxes were $3,647 in 2024
- Possession: -
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #X12518592
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 15.16' x 13.68' | Eat-in Kitchen |
 | 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Central, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads, health and education, law & public sector professionals and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of adults aged 25 to 39 and seniors aged 85 & above.
Families
Kids Per Family
0.8
kids per family
in the neighbourhood.
Singles
63%
of residents are
single and loving it.
63% singles
Hamilton (46%)Renters
66%
of residents
are renters.
66% renters
Hamilton (32%)Education
40%
of residents are
university grads.
40% university grads
Hamilton (28%)Income
Average Household Income
$65K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 17% |
| Government | 10% |
| Health | 7% |
| Business | 7% |
| Trades | 7% |
Immigrants
38%
of residents were
born outside of Canada.
38% immigrants
Hamilton (25%)Birthplace - All
4.4% from Vietnam
All-time
Birthplace - Recent
1.0% from Iran
Recent
Foreign Languages
Foreign Languages
| Vietnamese | 4% |
| Mandarin | 3% |
| Arabic | 3% |
| Portuguese | 3% |
| Italian | 3% |
Religions
Religions
| Christian | 52% |
| Muslim | 6% |
| Buddhist | 5% |
| Hindu | 2% |
| Jewish | 1% |
