1111 Cannon St E

FOR SALE
$1,070,000
Expired
$0
1111 Cannon St E, Hamilton
1111 Cannon St E
1111 Cannon St E
1111 Cannon St E
1111 Cannon St E
1111 Cannon St E
1111 Cannon St E
1111 Cannon St E
1111 Cannon St E
1111 Cannon St E
3
BEDROOMS
3
BATHROOMS
3
KITCHENS
11 + 3
ROOMS
X8175930
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-26 2024-09-30 188 $1,070,000 - Expired
2023-05-01 2023-10-01 153 $1,100,000 - Terminated
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.
Nearby Intersections
Property Details
Street
Community
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
Room Summary
RoomLevelSizeFeatures
OtherMain23.36' x 28.35'
KitchenMain11.88' x 32.61'
Br2nd9.68' x 8.86'
2nd Br2nd9.88' x 7.71'
Kitchen2nd9.81' x 8.37'
Dining2nd9.71' x 10.10'
Living2nd11.71' x 14.34'
Br2nd10.99' x 12.01'
Kitchen2nd9.94' x 11.61'
Living2nd13.19' x 10.63'
UtilityBsmt22.97' x 22.97'
OfficeBsmt10.50' x 17.22'
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43 Crooks St, Hamilton
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BEDS
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BATHS
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FOR SALE
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity!
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