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Property Description
An exceptional investment opportunity in Hamilton's Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one! OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. RSA.
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Nearby Intersections
Property Features
Fenced Yard, Library, Park, Place Of Worship, Public Transit, School, Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter, Street Only
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Property Details
Address
536 Cannon Street
Community
City
Postal Code
L8L 2E9
Property Type
Duplex, Duplex
Lot Size
26' x 80'
Taxes
$4,792 (2026
Basement
Finished, Full, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
Other
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Listing contracted with Re/Max Escarpment Realty Inc.
Duplex close to downtown Hamilton and all major amenities. Features three units: one 3-bedroom and two 1-bedroom suites. All units have separate entrances. Provides a great opportunity for investors or extended families. Sold " as is, where is" basis. Seller makes no representation and/ or warranties.
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Welcome to 127 East Avenue South, a well-maintained duplex ideally located in one of Hamilton's most central and connected neighborhoods. This versatile property offers two self-contained and separately accessed units, making it an excellent opportunity for investors, multi-generational living, or owner-occupiers looking to offset expenses with rental income. The front unit features a spacious and functional layout offering three bedrooms and two bathrooms and a fully finished basement, providing ample space for families or professional tenants. Generous room sizes and a thoughtful floor plan create comfortable living areas with flexibility for modern living. The rear unit is stunning with high lofted ceilings and natural light from the mant skylights, offering a one-bedroom layout with two bathrooms, ideal for extended family, guests, or additional rental income. Each unit is designed to function independently, enhancing privacy and usability for multiple occupants. Situated just minutes from downtown Hamilton, hospitals, public transit, parks, schools, shopping, dining, and major commuter routes, this property delivers exceptional convenience and walkability. The location is especially attractive for tenants and homeowners alike due to its proximity to the hospital corridor, GO Transit, and vibrant urban amenities. Whether you are looking to expand your investment portfolio, live in one unit while renting the other, or accommodate multi-family living, 127 East Avenue South presents strong long-term potential in a sought-after area of the city. A rare duplex opportunity offering flexibility, income potential, and an unbeatable central location.
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Situated on the highly desirable south side of Gage Avenue, just footsteps from Gage Park, the Tropical Greenhouse, major transit routes, and the future LRT line, this property offers an exceptional location with strong long-term potential. An ideal investment opportunity, the home features a basement currently functioning as a third unit, creating additional income potential. This property is also an excellent option for first-time home buyers looking to offset mortgage and carrying costs while owning a home in a well-established south side neighbourhood. A rare opportunity to secure a versatile property in one of Hamilton's most desirable pockets.
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Fantastic opportunity in the sought-after St. Clair area. This solid brick 2-family duplex is conveniently located close to all amenities in a friendly, walkable neighbourhood. 9' ceilings on the main floor, hardwood and banister stairwells make this a unique property. Over 1,400 square feet split across two self-contained units plus finished basement. 1): Main floor 1-bedroom unit includes use of the lower level which provides an additional 425 sq. ft, private laundry and large 4-piece bathroom. 2): Second floor + loft: 3-bedroom unit with 2 bathrooms and lots of living space. Currently generating $34,627.44 in gross revenue. Features: Separate entrances, close to Gage Park, transit, schools, and downtown core.
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