487 Cannon Street E, Hamilton Gibson
Cashback ~$7,625
$729,999

487 Cannon Street E, Hamilton Gibson

Duplex
Property type
6
Bedrooms
4
Bathrooms
Gibson
Community name

Property details

Status
Active
Building type
2 1/2 Storey
Roof
Asphalt Shingle
A/C
None
Heating
Forced Air
Foundation
Concrete
Pool
None
Exterior
Hospital, Park, Public Transit, Place Of Worship, Rec./Commun.Centre, School
Construction
Brick
Parking spaces
2
Updated on
2025-03-25, 1:15 p.m.
MLS® number
X12018990

Description

Welcome to this meticulously maintained 4-unit investment property, offering exceptional cash flow and long-term appreciation potential. Featuring three 1-bedroom units and one 2-bedroom unit, this turnkey asset generates $52 860 in annual gross rent with very low operating expenses; investors can achieve great positive cash flow, a rare find in today's market! Tenants are paying market rents and in good standing, ensuring stable, hassle-free income. Recent updates include a new roof and fence (2018), interior waterproofing, new concrete walkway, plumbing upgrades, window replacements, door updates, and tree trimming see the full list of improvements in the attachments. With extensive maintenance completed, this is a prime, low-maintenance investment in a high-demand rental market. Upside potential exists with interior cosmetic updates, making this an ideal opportunity for savvy investors looking for both immediate income and long-term growth. Financials attached. Offers welcome anytime!


$7,625 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522

Listed by: RIGHT AT HOME REALTY

Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.