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$936,666Asking Price

585 Cannon Street E, Hamilton, ON L8L 2G6

Gibson, Hamilton

Multiplex
7
Bedrooms
6
Baths
0
Parking
Days on Market

Residential property with 6 units, investment property with Electrical(200Amp), GROSS income over 50K per YEAR. GOOD TENANT PROFILE with stable rent income.

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Residential property with 6 units, investment property with Electrical(200Amp), GROSS income over 50K per YEAR. GOOD TENANT PROFILE with stable rent income.

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Key Info

  • Other Multiplex
  • No Parking
  • No Garage
  • CANNON ST & CHESTNUT AVE
  • 2000-2500 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $3,742 in 2025
  • Possession: TBD

Details

  • Brick Exterior
  • No Fireplace
  • 6 Kitchens
  •  
  • MLS #X12568826
  • CENTRAL WORLD REALTY

Extras

Room Floor Dimensions Details
Washroom2 3-Piece Bathrooms on Ground Floor
Washroom2 3-Piece Bathrooms
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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59
This property has a poor transit score.
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Amenities
92
This property has a high walk score.
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0 Dog Parks
0 Daycares
5 Groceries Barton Village Farmers Market, St.Clair Farmer's Market, Punk Rock Flea Market
14 Coffee Spots Country Style, Tim Hortons, Country Style
91 Restaurant/Bars Suds, Germania Club Restaurant, Germania Club of Hamilton
38 Park/Rec/Gyms Themisfitsrugby.Com, King Sherman Sauna, Fighters Choice Martial Arts
2 Hospitals De Desy. Huth Center, Rutfod Logs Ing
3 Libraries Hamilton Public Library, Forjoan Little Free Library Charter, Saint Peter's Hospital
43 Places of Worship Lifepoint Church, Saint Ann's Roman Catholic Church, Hamilton Christian Roma Church
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Who lives here?

Gibson, Hamilton is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 20 to 24 and adults aged 25 to 44.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

62% of residents are
single and loving it.

62% singles

Hamilton (46%)

Renters

65% of residents
are renters.

65% renters

Hamilton (32%)

Education

15% of residents are
university grads.

15% university grads

Hamilton (28%)

Income

Average Household Income

$56K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions
Sales 16%
Trades 8%
Business 5%
Manufacturing 4%
Government 4%

Immigrants

27% of residents were
born outside of Canada.

27% immigrants

Hamilton (25%)

Birthplace - All

Syria was once home to 2.3% of immigrants.
Caribbean 2.0%
Portugal 1.5%
Vietnam 1.4%
Philippines 1.4%

2.3% from Syria
All-time

Birthplace - Recent

Somalia was once home to 0.7% of immigrants.
Syria 0.7%
Other Eastern Africa 0.3%
Vietnam 0.3%
Eritrea 0.3%

0.7% from Somalia
Recent

Foreign Languages

Foreign Languages
Arabic 3%
Vietnamese 3%
Spanish 2%
French 2%
Somali 2%

Religions

Religions
Christian 55%
Muslim 4%
Buddhist 2%
Hindu 1%