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)
- ON
- Hamilton (landsdale)
- L8L2C4
- 378 382 CANNON STREET E
- 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
St. Patrick Catholic Elementary School
Public • PK - 8
32.19 km
Distance
Cathy Wever Elementary Public School
Public • PK - 8
32.19 km
Distance
St. Ann Catholic Elementary School
Public • PK - 8
32.19 km
Distance
Dr. J. Edgar Davey Elementary School
Public • PK - 8
32.19 km
Distance
Sacred Heart of Jesus Catholic Elementary School
Public • PK - 8
32.19 km
Distance
Adelaide Hoodless Public School
Public • PK - 8
32.19 km
Distance
Prince of Wales Elementary Public School
Public • PK - 8
32.19 km
Distance
George L. Armstrong Public School
Public • PK - 8
32.19 km
Distance
St. Lawrence Catholic Elementary School
Public • PK - 8
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
École secondaire Georges- P.-Vanier
Public • 6 - 12
32.19 km
Distance
Public • 6 - 12
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Bernie Custis Secondary School
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Nora Henderson Secondary School
Public • 9 - 12
32.19 km
Distance
École Secondaire Académie Catholique Mère-Teresa
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Sir Winston Churchill Secondary School
Public • 9 - 12
32.19 km
Distance
St. Jean de Brebeuf Catholic Secondary School
Public • 9 - 12
32.19 km
Distance
Private • 1 - 6
20 km
Distance
Private • PK - 5
20 km
Distance
Private • PK - 8
20 km
Distance
Private • PK - 8
20 km
Distance
Private • PK - 8
20 km
Distance
Hamilton District Christian High School
Private • PK - 8
20 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
29 Keith Street | 0 | 0 | Oct 06, 2024 | $299,900 |
249 WELLINGTON Street N | 2 | 2 | Sep 27, 2024 | $530,000 |
229 PICTON Street E | 3 | 2 | Oct 15, 2024 | $599,999 |
56 ST MATTHEWS AVE | 0 | 0 | Oct 13, 2024 | $225,000 |
206 Wentworth Street N | 3 | 2 | Oct 20, 2024 | $319,000 |
99 CATHCART Street | 3 | 2 | Oct 02, 2024 | $519,900 |
82 OAK Avenue | 3 | 2 | Sep 27, 2024 | $479,900 |
71 Oak Avenue | 3 | 2 | Oct 04, 2024 | $599,000 |
439 Wentworth Street N, Hamilton ON L8L 5W6 | 3 | 3 | Oct 10, 2024 | $515,000 |
439 WENTWORTH STREET N | 4 | 3 | Oct 11, 2024 | $515,000 |
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.
Points of interest near 378 382 CANNON STREET E, Hamilton (Landsdale), ON L8L2C4
43 m
Distance
Retail
44 m
Distance
60 m
Distance
66 m
Distance
Lindal Foods, Hamilton, ON, Canada
Retail Food
125 m
Distance
198 m
Distance
238 m
Distance
254 m
Distance
295 m
Distance
Amir Pita and Grill, Hamilton, ON, Canada
Food Retail
317 m
Distance
Tim Hortons, Hamilton, ON, Canada
Food • Retail
347 m
Distance
43 m
Distance
Lindal Foods, Hamilton, ON, Canada
Retail Food
125 m
Distance
Amir Pita and Grill, Hamilton, ON, Canada
Food Retail
317 m
Distance
Tim Hortons, Hamilton, ON, Canada
Food • Retail
347 m
Distance
187 m
Distance
216 m
Distance
Pinky Lewis Recreation Centre, Hamilton, ON, Canada
Recreation • Education Entertainment
271 m
Distance
Century Street Park, Hamilton, ON, Canada
Recreation
204 m
Distance
Pinky Lewis Recreation Centre, Hamilton, ON, Canada
Recreation • Education Entertainment
271 m
Distance
CANNON at SANFORD, Hamilton, ON, Canada
Transport
317 m
Distance
121 m
Distance
About Town Lock & Key, Hamilton, ON, Canada
Professional
127 m
Distance
Pinky Lewis Recreation Centre, Hamilton, ON, Canada
Recreation • Education Entertainment
271 m
Distance
78 m
Distance
263 m
Distance
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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