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$680K · 5 bed Duplex · Gibson, Hamilton | MyPropertyScout

$679,900

536 Cannon Street

54TenantOccupied

Map

$679,900

F●●○○○DOM18days

536 Cannon Street

Hamilton · Ontario L8L 2E9

MLS® X13417632 · Gibson · L8L 2E9

54TenantOccupied1500-2000 ft²DuplexNone18d$389/ft²Lot 25.5 x 80 ft$4,792 tax/yr

27% above market · 18 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

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 th…

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Property details

MLS#: X13417632
Status: Buy Now
Beds: 5
Baths: 4 full, 0 half
Size: 1500-2000
Style: 2 1/2 Storey
Type: Duplex
Year built: —

Roof: Asphalt Shingle
Foundation: Concrete Block
Property features: Fenced Yard, Library, Park, Place Of Worship, Public Transit, School

Garage: None
Garage spaces: 0
Parking: 0 total
Lot: 25.5 × 80
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick, Vinyl Siding
Fronting on: South
Cross street: STIRTON ST
Basement: Finished, Full, Separate Entrance
Stories: —
Utilities: —
Laundry: —
Interior: Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter
Parking features: Street Only

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Kitchen	3.25m × 4.14m
Main	Living Room	3.15m × 3.17m
Main	Primary Bedroom	2.69m × 3.66m
Main	Bathroom	—
Basement	Recreation	6.4m × 8.33m
Basement	Bedroom 2	3.17m × 3.61m
Basement	Bathroom	—
Basement	Utility Room	2.29m × 6.4m
Second	Living Room	2.39m × 3.02m
Second	Kitchen	2.79m × 2.84m
Second	Primary Bedroom	3.05m × 4.01m
Second	Bedroom 2	2.84m × 3.51m
Second	Bathroom	—
Third	Kitchen	2.79m × 3.86m
Third	Primary Bedroom	3.86m × 4.01m
Third	Bathroom	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX ESCARPMENT REALTY INC.

Source: TRREB/PROPTX · MLS® X13417632

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$680K

536 Cannon Street · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $679,900✓ $4,792 tax✓ Gas✓ 1500-2000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,321/mo

incl. closing costs (yr 1)

Annual total

$63,846

year 1

Mortgage only

$2,579/mo

principal + interest

Beyond mortgage

$1,443/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$135,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$399/mo

Utilities

Hydro / electricity$123/mo

≈ $0.07/ft² × ~1,750 ft² · ON avg ~$123/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,799/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,073

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)48% $30,952/yr

Property taxes23% $14,865/yr

Utilities7% $4,530/yr

Insurance & security3% $1,600/yr

Maintenance11% $6,799/yr

Closing costs8% $5,100/yr

Mortgage is 48% of your true cost of ownership. The other 52% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$30,952	$2,579/mo
Government & taxes
Property tax	$4,792	$399/mo
Land transfer tax(closing)	$10,073	$839/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,470	$123/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,799	$567/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$63,846	$5,321/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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536 Cannon Street

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs