1203-1215 Cannon Street, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Crown Point. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,595,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 50.82 x 50 ft lot size
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient radiant heating
Description
Prime Mixed-Use Investment | Fully Leased Retail & Residential. 1203-1215 Cannon Street East, Hamilton. Presenting a compelling ~8,402 square foot multi-unit investment opportunity located in the heart of Hamilton's vibrant Crown Point neighborhood. Situated on a high-visibility lot, this mixed-use commercial retail and apartment building offers immediate stability. Features 3 fully leased, recently renovated commercial retail units providing reliable, immediate income. Located in a walkable area frequently ranked as a top destination for young professionals, this corner lot positioning on Cannon Street East with excellent transit access and proximity to major roadways. For sale by Court Appointed Receiver. This property is being sold on a strictly "as is, where is" basis, unpriced, with no representations or warranties of any kind.
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Pricing & Value Insights
Data-driven valuation for 1203-1215 Cannon Street, Hamilton, ON L8H 1T8
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About Purchasing a Home in Hamilton, ON
For a property listed at $1,595,000 in Hamilton, the legal minimum down payment is $319,000 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 $28,375 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 $28,375.
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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.