523 Cannon St E

Welcome to this meticulously maintained 4-unit investment property, offering exceptional cash flow and long-term appreciation potential. Featuring three 1-bedroom units and one 2-bedroom unit, this turnkey asset generates $52,860 in annual gross rent with low operating expenses of just $11,066.02. With a net operating income of $41,793/year or $3,482/month investors can achieve positive cash flow a rare find in todays market! Tenants are paying market rents and in good standing, ensuring stable, hassle-free income. Recent updates include a new roof and fence (2018), interior waterproofing, new concrete walkway, plumbing upgrades, window replacements, door updates, and tree trimming see the full list of improvements in the attachments. With extensive maintenance completed, this is a prime, low-maintenance investment in a high-demand rental market. Upside potential exists with interior cosmetic updates, making this an ideal opportunity for savvy investors looking for both immediate income and long-term growth. Financials attached. Offers welcome anytime!

Great Investment Opportunity! Welcome to 34 Norwich Road, a Delightful Property that Offers Both Comfort and Versatility in Beautiful Stoney Creek. This Bungaloft has a Main Living Area with Three Spacious Bedrooms, One 4 Piece Bathroom and a Separate Rear Entry Full Accessory Apartment (with Separate Hydro Meter) containing Kitchen, Living/Dining Room, One Bedroom and 4 Pc Bathroom. Perfect for In-Law Suite, Guests or as a Rental Opportunity. This Home is Great For Families, Investors, or First Time Home Buyers. The Cozy Living Room that Welcomes Natural Light, Perfect for Relaxation and Entertaining. A Functional Kitchen with Plenty of Storage and Counter Space, Ideal for Large Meal Preparation. The Basement Includes a Partially Finished 3-Piece Bathroom with No Flooring and Partly Finished Shower. The 60 ft x 166 ft Lot is Perfect for Outdoor Activities, Gardening, and Plenty of Room for Children and Pets to Play Safely or Future Inground or Above Ground Pool. The Backyard Also Features a Wood Deck, Fire Escape, & Parking for 5 Cars. This Home is Conveniently Located Near Schools, Parks, Shopping Centres, Highways for Commuters, Public Transportation & Mountain Access. This Property Checks so Many Boxes...Don't Miss out on this Wonderful Opportunity.

Former duplex perfect two family living (or in-law) or as an investment... 2 separate side entrances, 1 rear entrance, 1 front door entrance, parks 6 vehicles, has 2 custom storage rooms, 5bedrooms, 2 kitchens, 2 family rooms, 3 full baths, shed, 24 ft x 12 ft back deck, sunroorm, 3 tonne air conditioner and newer furnace , partially finished basement with all appliances included. Steps From Victoria Park, Minutes To Harbour Waterfront Trail & Bayfront Park, Shopping At Jackson Square Mall & The Centre On Barton, McMaster University & Mohawk College, West Harbour Go-Station & Hwy 403 To Toronto