563 Cannon Street, Hamilton, ON

$420,000
MLS#:X12975732
5 beds
3 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] duplex located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $420,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 24 x 100 ft lot
  • Features a ["separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Separate Heating Controls, Separate Hydro Meter
  • equipped with ["window unit(s)"] central cooling and highly efficient forced air heating via gas

Attention investors, contractors, and renovators. Opportunity to acquire a property at 563Cannon St E in the Gibson area of Hamilton currently configured as a duplex with two self contained units. Each unit offers 2 bedrooms, separate kitchens, individual hydro meters, separate breaker panels, and two furnaces servicing the property. Unit 1: Main Floor and 2nd Floor. 2 Bedrooms 1 Bathroom 1 KitchenUnit 2: Main Floor and Lower. 1 Bedroom Above Grade, 1 bedroom Below, a large Den, 2 Kitchens(1 Above Grade, 1 Below Grade)The upper unit is in relatively clean condition with a bright and functional layout. The lowerunit spans part of the main floor and basement and requires cleaningPrevious rents were $1,470/month (upper) and $870/month (lower), offering strong upsidepotential for those looking to renovate and reposition the asset.Property is tenanted and access may be limited due to tenancy and site conditions.Property is being sold strictly in "as is, where is" condition. Seller makes norepresentations or warranties with respect to the property, its condition, retrofit status, orlegality of use. Buyers to conduct their own due diligence.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size24 × 100 Feet
CountyHamilton
Annual Tax$2,940
Legal DescriptionPT LTS 92 & 93, PL 219 AS IN VM6063, S/T & T/W VM6063; HAMILTON

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Window Unit(s)"]

Features

Property Features

Community Features

Location

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563 Cannon Street, Hamilton, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 563 Cannon Street E, Hamilton, ON L8L 2G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$336,000
Monthly Mortgage$1,952
Property Tax (Est.)$245
Utilities & Maint.$350
Total Monthly Cost$2,547

Strategic Fiscal Clarity

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