269 Cannon Street, Hamilton, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Landsdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $519,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 24 x 54.45 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Perfect Live/Work Investment! Detached 2-storey mixed-use property located just steps from Hamilton General Hospital with less 500 meter and walking 8 minutes for sale with purchase closing of vacant, capitalizing on massive daily hospital foot traffic. Great location with high traffic, high exposure and on a rapidly revitalizing corridor in Hamilton downtown, also close to TD Coliseum, West Harbour Go Station and Bayfront Park. This brick building offers a commercial storefront downstairs and an apartment upstairs. A kitchen with a laundry and access to its apartments are located on the ground floor. They are attractive for owner-operators who want to live and work under one roof. Excellent and rare opportunity to acquire a small commercial space in the heart of Hamilton's prime medical-hub with the $1 billion+ HGH expansion & redevelopment, and the LRT B-Line corridor. Bonus upper level features a separate, self-contained residential unit ideal for live-work buyers or immediate rental income to maximize your yield. Separated entrances, electricity meters, breaker panels and bathrooms. Partial unfinished basement with trap door, storage and utility rooms. Small backyard, rear driveway of one spot. Front street parking available. Since April 2017, lots of upgrade done, including modifications to comply with By-Law requirements. Although not a high-end home renovation, while these are also conditions for moving in. *For Additional Property Details Click The Brochure Icon Below*
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Pricing & Value Insights
Data-driven valuation for 269 Cannon Street E, Hamilton, ON L8L 2B4
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About Purchasing a Home in Hamilton, ON
For a property listed at $519,900 in Hamilton, the legal minimum down payment is $26,990 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 $6,873 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 $6,873.
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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.