





1085 CANNON Street E
Crown Point, Hamilton
$350,000
A great opportunity for investors, renovators, or buyers looking to create something special in East Hamilton. This 4-bedroom semi-detached home is currently being used as a rental and offers a practical eat-in kitchen, fenced yard, and a convenient location close to the shops and restaurants of Ottawa Street, public transit, schools, and everyday amenities. The property would benefit from renovation and updating, providing an excellent opportunity to bring your own vision and ideas to the home while adding value along the way. A well-located property with plenty of potential-come explore the possibilities!
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,070 |
| Lot Size | 21.5 ft x 50 ft |
| mls© Number | X13683656 |
| Listed By | RE/MAX ESCARPMENT GOLFI REALTY INC. |
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%
- $1,791
- Property tax
- $173
- Heat allowance
- $150
- Housing costs
- $2,114 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$65,000
gross annual household income
- Payment at 4%
- $1,473 / mo
- Cash down
- $70,000
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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