1363 1367 Cannon St E
Crown Point, Hamilton, L8H 1W2
FOR SALE
$799,990
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6
BEDROOMS6
BATHROOMS5
KITCHENS14
ROOMSX5999016
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Property Description
INVESTORS DELIGHT, Multiplex - Triplex!!! First time offered for sale in over 40 years Welcome to 1363-1367 Cannon ST. E zoned as a Triplex (323) offering 2397 sq ft with 5 self-contained units and parking for 3 cars. The first floor offers 2 units - Unit 1 provides a kitchen, living room, bedroom, and 4 pc bath. Unit 2 features a kitchen, living room, bedroom, 4 pc bath, and 2 pc bath. The second floor also features 2 units. Unit 3 is presently vacant and provides a kitchen, living room, bedroom, and 4 pc bath. Unit 4 offers a kitchen, bedroom, and 4 pc bath. The third floor provides unit 5 offering a kitchen, living room, bedroom, and 4 pc bath. Additional features include a utility room and storage in the basement, and a high walk score with everything within walking distance, including Center Mall and trendy Ottawa St. This is an excellent investment opportunity in a desirable location, get your piece of Hamilton well it's still attainable. RSA
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
25' x 100'
Acreage
< .50
Fronting
North
Taxes
$3,324 (2022)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.99' x 10.40' | |
| Br | Main | 10.40' x 10.40' | |
| Kitchen | Main | 12.17' x 8.07' | |
| Br | Main | 8.60' x 13.42' | |
| Kitchen | 2nd | 10.50' x 10.40' | |
| Br | 2nd | 6.99' x 10.50' | |
| Kitchen | 2nd | 7.74' x 10.40' | |
| Br | 2nd | 10.40' x 11.52' |
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Hamilton Market Statistics
Hamilton Price Trend
1363 1367 Cannon St E is a 6-bedroom 6-bathroom home listed for sale at $799,990, which is $285,585 (26.3%) lower than the average sold price of $1,085,575 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 6 bedroom home in Hamilton declined by $473,996 (30.4%) compared to the previous 30 day period (February 26 - March 26) and up $525,609 (93.9%) from the same time one year ago.Inventory Change
There were 8 6-bedroom homes listed in Hamilton over the last 30 days (March 27 - April 25), which is down 55.6% compared with the previous 30 day period (February 26 - March 26) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold ($38,618) (3.6%) below asking price over the last 30 days (March 27 - April 25), which represents a $15,510 increase compared to the previous 30 day period (February 26 - March 26) and ($23,266) less 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 6-bedroom homes in Hamilton over the last 30 days (March 27 - April 25) stood at 50.0%, up from 38.9% over the previous 30 days (February 26 - March 26) and up from 37.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 6-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (March 27 - April 25), compared to 87 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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