1125 Cannon Street, Hamilton, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of Crown Point. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $498,900 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25 x 100 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Fantastic Crown Point investment opportunity. Updated legal duplex walking distance to vibrant Ottawa St N. 2 bed main floor unit (unit 2) and 1 bed upper unit (unit 1). Each unit enjoys their own in suite laundry, dishwasher and dedicated outdoor space. Property also includes a large 20 x 20 double car garage accessible by both a side lane and a back lane. There are two additional parking spaces behind the garage. Cap rate of 6%.
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Property Summary
This duplex located at 1125 Cannon Street, Hamilton is currently for sale and has been available on SousaSells for 602 days. This property is listed at $498,900 with an estimated mortgage of $1,661* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 1125 Cannon Street, Hamilton is in the Crown Point neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1125 Cannon Street E, Hamilton, ON L8L 2J7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $498,900 in Hamilton, the legal minimum down payment is $24,945 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,453 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,453.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.