522 Cannon Street E
Gibson, Hamilton
$485,000
This newly renovated 2-storey detached home at 522 Cannon Street East now features beautiful new vinyl flooring throughout, adding warmth and elegance to its spacious layout. Offering 3+1 bedrooms, a large finished loft, and flexible living space with income-potential, the home blends modern upgrades with classic character. The remodeled bathroom includes granite counters and a clawfoot tub, complemented by an updated eat-in kitchen, 9-ft ceilings, and a welcoming slate-tiled foyer. Major improvements include a new roof (2022) and newer windows. Ideally located near transit, shops, dining, and highway access, this move-in-ready home is being sold as-is.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $2,511 |
| Lot Size | 25 ft x 87 ft |
| mls© Number | X13672920 |
| Listed By | RIGHT AT HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,482
- Property tax
- $209
- Heat allowance
- $150
- Housing costs
- $2,842 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $2,041 / mo
- Cash down
- $97,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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