Home with brick exterior material, street for 574 Cannon St, Hamilton Ontario L8L 2G4
Re-listed 16 days ago

574 Cannon St, Hamilton, Ontario L8L 2G4

Townhouse
-
3
~1800 sqft
$•••,•••
$749,000
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$7,490Cashback
Townhouse
-
3
~1800 sqft

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Highlights

Property Estimate

Days on market16 days

Total days on market
197 days

Estimated valueNot available

Price/Sqft$416/sqft

Monthly cost

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Description

Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 3-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 1 x 2-Bedroom Unit and 2 x 1-Bedroom Units – All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 2 of the 3 units feature private laundry for tenant convenience! Rent roll as such; Unit 1 (second floor): $1,695/month + Hydro, Unit 2 (Main floor): $1,600/month + Hydro and Unit 3 (Basement): $1,057/month (All-Inclusive). A sought-after area attracting young professionals and long-term tenants!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~1800 SqFt
Lot Size-
Parking Spaces2
MLS ®Number40773650
Community NameGibson
Data SourceITSO
Listing byKeller Williams Complete Realty

Features

Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
Basement: Development Potential, Full, Finished

Features

Sanitary

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Sep 25, 2025
Listed for
$749,000
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Re-listed
$•••,•••
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Re-listed
$•••,•••
16 days on market
history photo preview32
Listing by itso®

Market Data - Gibson

Geo Zone Map ThumbnailGibson

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

2023

0 day

2022

41 days

New Listings

Past 30 days

2 listings

Compared to

2024

2 listings

2023

0 listing

2022

2 listings

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2022

$380,000


Population and Demographics

Overview

Total population 7422
Average household income $86,536

Age (%)

0 to 19
23%
20 to 34
26%
35 to 49
20%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
51%
Single person
40%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
81%
Spanish
3%
Arabic
2%
Portuguese
2%
Somali
2%
Vietnamese
2%
Others
2%
French
1%
Italian
1%

House tenancy (%)

Renters
60%
Owners
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget