Welcome to 1363-1367 Cannon St. E, an exceptional investment opportunity that hasn’t been available for over 40 years. This well-maintained property offers 2397 sq ft of living space and is zoned as a Triplex (323), featuring 5 self-contained units in total. Situated in a highly desirable area with a high walk score, the location is unbeatable. Within walking distance, you'll find the bustling Center Mall, trendy Ottawa Street, and a variety of amenities, making this property incredibly convenient for tenants. The building consists of three floors, with each unit offering a functional layout. The first floor contains 2 units: Unit 1 features a kitchen, living room, bedroom, and a 4-piece bathroom, while Unit 2 offers a similar setup but also includes an additional 2-piece bath. The second floor has 2 more units: Unit 3, which is currently vacant and ready for new tenants, includes a kitchen, living room, bedroom, and 4-piece bath, while Unit 4 has a kitchen, bedroom, and 4-piece bath. The third floor features Unit 5, with a kitchen, living room, bedroom, and 4-piece bath, providing additional rental income potential. The property also includes a utility room and storage space in the basement, offering added convenience. With parking for 3 cars, tenants will enjoy the practicality of dedicated parking spaces in a busy neighborhood. This is an excellent opportunity for investors seeking a property that offers solid income potential in a highly sought-after location. After being under the same ownership for over four decades, this property is now available for the first time, offering a rare chance to capitalize on its long-term value.
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Zillow last checked:
Listing updated:
Listed by:
Michael Wotherspoon, Salesperson,
RE/MAX Escarpment Realty Inc.
Source: ITSO,MLS®#: 40787327Originating MLS®#: Cornerstone Association of REALTORS®
Features: Urban, Rectangular, Park, Public Transit
Details
Parcel number: 172440099
Zoning: D
Construction
Type & style
Home type: SingleFamily
Architectural style: 2.5 Storey
Property subtype: Single Family Residence, Residential
Materials
Brick
Foundation: Concrete Block
Roof: Asphalt Shing
Condition
100+ Years
New construction: No
Utilities & green energy
Sewer: Sewer (Municipal)
Water: Municipal
Community & HOA
Location
Region: Hamilton
Financial & listing details
Price per square foot: C$288/sqft
Annual tax amount: C$3,621
Date on market: 11/11/2025
Inclusions: None
Michael Wotherspoon, Salesperson
Michael Wotherspoon, Salesperson
(905) 545-1188
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