Was listed for:Terminated Feb 4, 2025
$575,000

734 1/2 Cannon Street E

Hamilton (Stipley), ON L8L 2G9

Link House TerminatedNot 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 734 1/2 Cannon Street E, Hamilton, Stipley

2025-01-25
2025-02-04
Terminated
Price
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MLS#
x11941045

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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 734 1/2 Cannon Street E, Hamilton, Stipley

This charming property offers a fantastic opportunity for investors or homeowners looking for rental income. Featuring two legal units, this home allows for flexible living or investment options.The newly renovated unit is move-in ready and vacant, perfect for a new tenant to call home. With fresh updates throughout, including modern kitchen finishes, sleek flooring, and updated bathrooms, this unit offers a comfortable and stylish space thats sure to attract high-quality renters. Its the ideal place for someone looking for a fresh, updated space with all the modern conveniences.The second unit is currently occupied, providing immediate rental income for savvy investors. Both units offer separate entrances, ensuring privacy and independence for each resident.Located in a desirable neighborhood with easy access to public transit, local shops, restaurants, and parks, this property is conveniently positioned to attract tenants looking for a central location and low-maintenance living. Whether you're looking to add a turnkey rental to your portfolio or live in one unit while renting out the other, this property provides incredible flexibility and potential.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,727
Land Transfer Tax Fee
$7,975

Basement Type
Finished

Interior Features

Interior Extras
Storage, Guest Accommodations, Floor Drain
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
link
Building Style
2 1/2 Storey

Construction

Exterior Finish
Brick
Roof
Shingles
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
21.00 ft
Lot Depth
86.00 ft

Inclusions

Inclusions
All appliances, washer / dryer

Exclusions

Exclusions
tv & wall mounts, all tenants belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
5
Washrooms
3
Kitchens
2
Family / bonus room
Yes

Washrooms

  • 2-piece, Main
  • 3-piece, Second
  • 3-piece, Basement

Municipality
Hamilton
Neighbourhood
Stipley
Main cross streets
Sherman Ave. N & Cannon St. E

MLS® number
X11941045
Data source
Toronto Regional Real Estate Board
Status change
2025-02-04
Listed on
2025-01-25
Days on market
10 days
Possession date
2025-02-21
Possession type
February 21, 2025
Co-op commission
2.5% + HST
Seller
Listed by
WE REALTY

Home Market Value

Current home valuation for 734 1/2 Cannon Street E, Hamilton, Stipley, Hamilton, ON. Listed for $575,000

HOMEH Estimate

?

$679,192

Estimated Sales Range

?

$407,515 - $950,869

HOMEH Estimate for 734 1/2 Cannon Street E, Hamilton, Stipley

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

$679,192Low confidence
Based on 5 comparable properties
− $104,192 (15%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Hamilton, ON
Minimum Down Payment Required:5.7%

5% on first $500K + 10% on $75,000 over $500K

Minimum down payment

$32,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$21,689$16,043$13,685$0
=Total mortgage
$563,914$533,543$502,435$460,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,753monthly$2,605monthly$2,453monthly$2,246monthly
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Land Transfer Tax

Provincial

$7,975

Total Land Transfer Tax

$7,975

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