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269 Cannon Street E Hamilton, Ontario L8L 2B4

1275 sqft

$519,900

Perfect Live/Work Investment! Detached 2-storey mixed-use property located just steps from Hamilton General Hospital with less 500 meter and walking 8 minutes for sale with purchase closing of vacant, capitalizing on massive daily hospital foot traffic. Great location with high traffic, high exposure and on a rapidly revitalizing corridor in Hamilton downtown, also close to TD Coliseum, West Harbour Go Station and Bayfront Park. This brick building offers a commercial storefront downstairs and an apartment upstairs. A kitchen with a laundry and access to its apartments are located on the ground floor. They are attractive for owner-operators who want to live and work under one roof. Excellent and rare opportunity to acquire a small commercial space in the heart of Hamilton's prime medical-hub with the $1 billion+ HGH expansion & redevelopment, and the LRT B-Line corridor. Bonus upper level features a separate, self-contained residential unit ideal for live-work buyers or immediate rental income to maximize your yield. Separated entrances, electricity meters, breaker panels and bathrooms. Partial unfinished basement with trap door, storage and utility rooms. Small backyard, rear driveway of one spot. Front street parking available. Since April 2017, lots of upgrade done, including modifications to comply with By-Law requirements. Although not a high-end home renovation, while these are also conditions for moving in. *For Additional Property Details Click The Brochure Icon Below* (id:61499)

Property Details

MLS® Number 40838058
Property Type Other
AmenitiesNearBy Hospital, Public Transit
CommunityFeatures High Traffic Area
EquipmentType Water Heater
Features Southern Exposure, Paved Driveway
RentalEquipmentType Water Heater

Building

BasementType Partial
ExteriorFinish Brick
StoriesTotal 2
SizeExterior 1275.0000
SizeInterior 1275 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
FenceType Fenced Yard
LandAmenities Hospital, Public Transit
Sewer Municipal Sewage System
SizeDepth 54 Ft
SizeFrontage 24 Ft
SizeIrregular 0.03
SizeTotal 0.03 Ac|under 1/2 Acre
SizeTotalText 0.03 Ac|under 1/2 Acre
ZoningDescription C2

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/29879627/269-cannon-street-e-hamilton

Interested?

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James Tasca
Broker of Record


Ici Source Real Asset Services Inc
2 Robert Speck Parkway Unit 750
Mississauga, Ontario L4Z 1H8

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