563 Cannon Street, Hamilton, ON

$420,000
MLS#:X12975732
5 beds
3 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] duplex located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $420,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 24 x 100 ft lot
  • Features a ["separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Separate Heating Controls, Separate Hydro Meter
  • equipped with ["window unit(s)"] central cooling and highly efficient forced air heating via gas

Attention investors, contractors, and renovators. Opportunity to acquire a property at 563Cannon St E in the Gibson area of Hamilton currently configured as a duplex with two self contained units. Each unit offers 2 bedrooms, separate kitchens, individual hydro meters, separate breaker panels, and two furnaces servicing the property. Unit 1: Main Floor and 2nd Floor. 2 Bedrooms 1 Bathroom 1 KitchenUnit 2: Main Floor and Lower. 1 Bedroom Above Grade, 1 bedroom Below, a large Den, 2 Kitchens(1 Above Grade, 1 Below Grade)The upper unit is in relatively clean condition with a bright and functional layout. The lowerunit spans part of the main floor and basement and requires cleaningPrevious rents were $1,470/month (upper) and $870/month (lower), offering strong upsidepotential for those looking to renovate and reposition the asset.Property is tenanted and access may be limited due to tenancy and site conditions.Property is being sold strictly in "as is, where is" condition. Seller makes norepresentations or warranties with respect to the property, its condition, retrofit status, orlegality of use. Buyers to conduct their own due diligence.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style2 1/2 Storey
ConstructionBrick
BasementSeparate Entrance
Lot Size24 × 100 Feet
CountyHamilton
Annual Tax$2,940
Legal DescriptionPT LTS 92 & 93, PL 219 AS IN VM6063, S/T & T/W VM6063; HAMILTON

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Separate Heating Controls, Separate Hydro Meter

Security Features

Community Features

Location

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563 Cannon Street, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 563 Cannon Street E, Hamilton, ON L8L 2G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$336,000
Monthly Mortgage$1,952
Property Tax (Est.)$245
Utilities & Maint.$350
Total Monthly Cost$2,547

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hamilton.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Gibson, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$571,076

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

St Ann's
PublicSherman Avenue North, Stipeley, Hamilton, Ontario, L8L 0B8
5.6
Cathy Wever
Public160 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 5V7
2.1
Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8
St Patrick's
Public20 East Avenue South, Landsdale, Hamilton, Ontario, L8N 3X1
4.1

Secondary Schools

Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6
Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.