Was listed for:Expired 22 days ago
$679,900

536 Cannon Street E

Hamilton (Gibson), ON L8L 2E9

Multiplex ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 536 Cannon Street E, Hamilton, Gibson

2026-06-08
2026-09-30
Expired
Price
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MLS#
x13417632
2026-04-17
2026-06-08
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 536 Cannon Street E, Hamilton, Gibson

Summarized Description

  • Fully renovated multi-residential property in Hamilton.
  • Configured as a legal duplex with an in-law suite.
  • Strong cash flow potential from day one.
  • Updated kitchens and modern bathrooms in each unit.
  • Turnkey asset with minimal operational overhead.
  • Located in a high-growth area near downtown.
  • Consistent rental demand with long-term tenants.
  • Flexibility to live in one unit and lease others.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,792
Land Transfer Tax Fee
$10,073

Rental Items

Rental Equipment
TANKLESS HOT WATER HEATER
Under Contract
Tankless Water Heater

Basement Type
Finished, Full, Separate Entrance

Interior Features

Interior Extras
Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Fenced Yard, Library, Park, Place Of Worship, Public Transit, School

Building

Building Type
Multiplex
Building Style
2 1/2 Storey

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
25.50 ft
Lot Depth
80.00 ft

Inclusions

Inclusions
BUILT-IN MICROWAVE (3), DISHWASHER (3), DRYER (3), REFRIDGERATOR (3), STOVE (3), WASHER (3), WINDOW COVERINGS

Exclusions

Exclusions
TENANT'S BELONGINGS

Parking & Garages

Garage Type
Other
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
5
Washrooms
4
Kitchens
3
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Primary Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Recreation—
    Basement level
  • Bedroom 2—
    Basement level
  • Bathroom—
    Basement level, 3 Pc Bath
  • Utility Room—
    Basement level
  • Living Room—
    Second level
  • Kitchen—
    Second level
  • Primary Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Kitchen—
    Third level
  • Primary Bedroom—
    Third level
  • Bathroom—
    Third level, 4 Pc Bath

Washrooms

  • 4-piece, Main
  • 3-piece, Basement
  • 4-piece, Second
  • 4-piece, Third

Municipality
Hamilton
Neighbourhood
Gibson
Main cross streets
STIRTON ST
Directions
Cannon St E between Stirton St & Sanford Ave

MLS® number
X13417632
Data source
Toronto Regional Real Estate Board
Status change
2026-09-30
Listed on
2026-06-08
Days on market
114 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
RE/MAX ESCARPMENT REALTY INC.

Home Market Value

Current home valuation for 536 Cannon Street E, Hamilton, Gibson, Hamilton, ON. Listed for $679,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 536 Cannon Street E, Hamilton, Gibson

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Hamilton, ON
Minimum Down Payment Required:6.3%

5% on first $500K + 10% on $179,900 over $500K

Minimum down payment

$42,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
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+CMHC insurance
$25,455$18,969$16,182$0
=Total mortgage
$661,841$630,879$594,097$543,920
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$3,231monthly$3,080monthly$2,901monthly$2,656monthly
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Land Transfer Tax

Provincial

$10,073

Total Land Transfer Tax

$10,073

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