563 Cannon Street E, Hamilton, ON L8L 2G2
Hamilton, ON, L8L 2G2 · Gibson
About this property
Attention investors, contractors, and renovators. Opportunity to acquire a property at 563Cannon St E in the Gibson area of Hamilton currently configured as a duplex with two self contained units. Each unit offers 2 bedrooms, separate kitchens, individual hydro meters, separate breaker panels, and two furnaces servicing the property.Unit 1: Main Floor and 2nd Floor. 2 Bedrooms 1 Bathroom 1 Kitchen Unit 2: Main Floor and Lower. 1 Bedroom Above Grade, 1 bedroom Below, a large Den, 2 Kitchens(1 Above Grade, 1 Below Grade)The upper unit is in relatively clean condition with a bright and functional layout. The lower unit spans part of the main floor and basement and requires cleaning Previous rents were $1,470/month (upper) and $870/month (lower), offering strong upside potential for those looking to renovate and reposition the asset. Property is tenanted and access may be limited due to tenancy and site conditions. Property is being sold strictly in "as is, where is" condition. Seller makes no representations or warranties with respect to the property, its condition, retrofit status, or legality of use. Buyers to conduct their own due diligence.
Features & Amenities
- Basement: Separate Entrance
- Garage: None
- Cooling: Window Unit(s)
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Basement | Separate Entrance |
| Garage | None |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $2,940 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Separate Heating Controls, Separate Hydro Meter
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Separate Entrance
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Window Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 2
- Parking Total
- 2.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 100.00
- Lot Width
- 24.00
Financial & Tax
- Tax Annual Amount
- $2,940
- Tax Year
- 2025
- Possession Type
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 11
- Rooms Below Grade
- 4
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Hamilton
- Cross Street
- Cannon St E & Gibson Ave
- Directions
- Cannon St E & Gibson Ave
- Special Designation
- Other
- Showing Requirements
- Lockbox
Location
563 Cannon Street E, Hamilton, ON L8L 2G2, Hamilton, ON, L8L 2G2