1111 Cannon St E
Crown Point, Hamilton, L8L 2J5
FOR SALE
$1,070,000
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3
BEDROOMS3
BATHROOMS3
KITCHENS11 + 3
ROOMSX8175930
MLSIDContact Us
Property Description
Fully detached 2 sty, approx 3100 sq ft, well maintained - mixed use building with parking. Main level commercial unit approx over 1500 sq ft, store front & high traffic exposure. Located in high residential area, and steps to trendy Ottawa St shopping district.Upper level with separate entrance to 2 renovated apartments 1-1 bed, 1-2 bed.Plus basement approx 1400 sq ft of office/storage space.Great opportunity for investment or live/work.Currently commercial space is long time established and success Deli & meat store. Bonus for Buyer - Seller is willing to train if Buyer wants to continue the business & will help in the transition(turnkey operation), or Commercial space will be vacant possession onclosing. Lots of potential for any type of business, service industry, professional office, studio, food industry and more.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-01 | 2023-10-01 | 153 | $1,100,000 | - | Terminated |
Nearby Intersections
Barton & Gage (24)
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
100' x 25'
Fronting
North
Taxes
$6,453 (2023)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Other | Main | 23.36' x 28.35' | |
| Kitchen | Main | 11.88' x 32.61' | |
| Br | 2nd | 9.68' x 8.86' | |
| 2nd Br | 2nd | 9.88' x 7.71' | |
| Kitchen | 2nd | 9.81' x 8.37' | |
| Dining | 2nd | 9.71' x 10.10' | |
| Living | 2nd | 11.71' x 14.34' | |
| Br | 2nd | 10.99' x 12.01' | |
| Kitchen | 2nd | 9.94' x 11.61' | |
| Living | 2nd | 13.19' x 10.63' | |
| Utility | Bsmt | 22.97' x 22.97' | |
| Office | Bsmt | 10.50' x 17.22' |
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Hamilton Market Statistics
Hamilton Price Trend
1111 Cannon St E is a 3-bedroom 3-bathroom home listed for sale at $1,070,000, which is $185,678 (21.0%) higher than the average sold price of $884,322 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $81,872 (10.2%) compared to the previous 30 day period (February 26 - March 26) and up $30,422 (3.6%) from the same time one year ago.Inventory Change
There were 325 3-bedroom homes listed in Hamilton over the last 30 days (March 27 - April 25), which is up 6.2% compared with the previous 30 day period (February 26 - March 26) and up 53.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($5,466) (0.6%) below asking price over the last 30 days (March 27 - April 25), which represents a $4,301 increase compared to the previous 30 day period (February 26 - March 26) and ($7,631) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Hamilton over the last 30 days (March 27 - April 25) stood at 85.2%, up from 73.2% over the previous 30 days (February 26 - March 26) and down from 109.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Hamilton stood at 21 days when successfully sold over the last 30 days (March 27 - April 25), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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