Royal LePage Maximum Realty Brokerage

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Brokerage Services For MLS Property listings in Greater Toronto

RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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518 Cannon Street E, Hamilton, ON L8L 2E8

Triplex For Sale | X13156508Sale

Listing ID: X13156508
$599,000
5 Bedrooms
3 Bathrooms
Listing ID #X13156508
Property Description

Welcome to this exceptional opportunity to own a fully tenanted 2.5-storey triplex ideally located on a prominent corner lot in Hamilton’s vibrant east end. Perfectly suited for buyers looking to break into the market with the advantage of built-in rental income, this property offers the ideal blend of homeownership and long-term financial flexibility. Whether you are looking to offset your mortgage through house hacking, build equity faster, or expand your real estate portfolio with a cash-flowing asset, this is the type of property that delivers versatility and upside. The home features three self-contained units across a spacious and character-filled layout, along with the added convenience of a side parking pad. Currently generating approximately $51, 576 in annual gross income with a projected NOI of roughly $41, 688 annually, the property also presents a strong conservative income profile even when accounting for management and maintenance reserves. Situated on Cannon Street East, the location provides excellent access to public transit, major routes, schools, parks, and Tim Hortons Field, while remaining close to everyday amenities and growing neighbourhood conveniences. A rare opportunity to secure an income-generating property with strong fundamentals, mortgage-support potential, and long-term value growth in one of Hamilton’s evolving communities.

Basic Details
Listing ID : X13156508
Listing Type : Sale
Price : $599,000
Bathrooms : 3
Status : Active
Property Sub Type : Triplex
Roof : Asphalt Shingle
Map
Address Map
518
Cannon
US
ON
Hamilton
Hamilton
L8L 2E8
Street
North
Cannon St E & Greenaway Ave
E
D
Property Area
Gibson
Features
: Central Air
: None
: Full
: 2 1/2 Storey
: None
: Sewer
Rooms
5
Additional Information
: Vinyl Siding
: Poured Concrete
Financial
2763.0
Listing Information
New
2026-05-21T17:12:59Z
TRREB

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