Both 378 and 382 Cannon are being sold together, offering the unique advantage of acquiring two properties for the price of one, as they are currently merged and operating as two duplexes. This investment opportunity provides robust cash flow and has the potential for significant profit. Currently generating a net income of $73, 862.91 after expenses, the properties cash flow almost $20, 000 a year at a 5.5% interest rate. 378 Cannon features a 3-bedroom unit renting for $1, 942/month (inclusive of heat & hydro) and a bachelor unit for $948/month (also inclusive). Meanwhile, 382 Cannon includes a 3-bedroom unit at $2, 250/month (plus heat & hydro) and a 2-bedroom unit for $2, 000/month (plus heat & hydro). Renovated in 2019, these properties minimize immediate maintenance costs. If severed and sold as two individual properties, there is significant potential to increase their value, making this a compelling investment opportunity. Buyers to verify all expenses, incomes, and zoning verifications. (id:55598)
- MLS® X9419956
- Date Listed10/21/2024
- Days on Realty 6 Days
- Bedrooms 8
- Bathrooms 6 baths
- Lot Size -
- Sewer Other
- Subdivision Landsdale
- Property Type Quadruplex
- Water Public
Interior Features
- Appliances Dryer, Refrigerator, Stove, Washer
- Cooling Central Air Conditioning
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
92/100
Walker's Paradise
Walk Score ®
59/100
Good Transit
Transit Score ®
77/100
Very Bikeable
Bike Score ®
Overview
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.Transit Summary
24 nearby routes: 23 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 49/100, Bike Score: 54/100.
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Frequently Asked Questions for 378 382 CANNON STREET E
Source: Realty.com
378 382 CANNON STREET E, Hamilton (Landsdale), ON L8L2C4 is a Quadruplex, Residential property listed for $925,000 The property is 0 sq. ft with 8 bedrooms and 6 bathrooms
Realty.com has 31 photos of 378 382 CANNON STREET E.
The full address for this home is 378 382 CANNON STREET E, Hamilton (Landsdale), ON L8L2C4.
378 382 CANNON STREET E has been listed on Realty.com since Mon October 21, 2024
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 49/100, Bike Score: 54/100.
Listing provided courtesy of:
KELLER WILLIAMS REAL ESTATE ASSOCIATES
(tel: (905) 812-8123)
Listing agent:
JACK DANIEL MURPHY-BERNSTEIN
(tel: (647) 330-5225)
This content last refreshed on 2024-10-27 17:19:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 378 382 CANNON STREET E, Hamilton (Landsdale), ON L8L2C4 : MLS® X9419956