269 Cannon Street E Hamilton, Ontario L8L 2B4

$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:19593)

Property Details

MLS® Number	40838058
Property Type	Other
Amenities Near By	Hospital, Public Transit
Community Features	High Traffic Area
Equipment Type	Water Heater
Features	Southern Exposure, Paved Driveway
Rental Equipment Type	Water Heater

Building

Basement Type	Partial
Exterior Finish	Brick
Stories Total	2
Size Exterior	1275.0000
Size Interior	1,275 Ft2
Type	Residential Commercial Mix
Utility Water	Municipal Water

Land

Acreage	No
Fence Type	Fenced Yard
Land Amenities	Hospital, Public Transit
Sewer	Municipal Sewage System
Size Depth	54 Ft
Size Frontage	24 Ft
Size Irregular	0.03
Size Total	0.03 Ac|under 1/2 Acre
Size Total Text	0.03 Ac|under 1/2 Acre
Zoning Description	C2

Utilities

Electricity	Available
Natural Gas	Available

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