305 Cannon Street, Hamilton, ON
Property Highlights
Welcome to this remarkable investment 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 $654,900 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 3 Bathrooms
- Premium 25 x 53 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Exceptional 3-unit property in the heart of Downtown Hamilton, positioned within one of the city's most vibrant and walkable urban core neighbourhoods. Centrally located between Hamilton General Hospital and St. Joseph's Healthcare, and just seconds to West Harbour GO, the Indoor Farmers' Market, Arts District, Restaurant District, and the brand-new TD Coliseum, offering unmatched access to transit, culture, and everyday amenities. This move-in-ready property has been thoughtfully designed for low maintenance and ease of ownership. All three units are fully modernized and upgraded to maximize rental performance and deliver strong, cash-positive returns. Each self-contained unit includes its own full appliance package featuring a stove, fridge, washer, dryer, range hood, and microwave, ensuring complete independence for tenants and simplified management for owners. The property features digital code locks for every unit offering secure, streamlined access throughout. Designed as a low-maintenance asset, the exterior and overall layout allow for minimal ongoing upkeep. With consistent rental demand and long-term stability, this property presents an outstanding opportunity for investors or end users including first-time buyers, families, and professionals looking to offset mortgage payments while building long-term real estate wealth in a high-growth downtown location.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This investment located at 305 Cannon Street, Hamilton is currently for sale and has been available on SousaSells for 65 days. This property is listed at $654,900 with an estimated mortgage of $2,180* per month. It has 0 beds, 3 bathrooms, and is unknown square feet. 305 Cannon Street, Hamilton is in the Landsdale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 305 Cannon Street E, Hamilton, ON L8L 2B7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
Configure Loan Settings
About Purchasing a Home in Hamilton, ON
For a property listed at $654,900 in Hamilton, the legal minimum down payment is $40,490 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 $9,573 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 $9,573.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Landsdale, Hamilton.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.