+ 21 photosFor Sale · Triplex
518 Cannon Street E, Hamilton, ON L8L 2E8
Hamilton · Gibson
118 days on market
▾ PRICE CHANGE
5
Beds
3
Baths
3
Parking
2000-2500
Sq ft
—
Built
The honest picture
List price
$549,000
★ Renavu Estimate
$533,000
Lower confidence
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales — not an appraisal. The area price benchmark for this neighbourhood is still being prepared.
About this home
- 2.5-storey triplex with 3 self-contained units on a corner lot
- 5 bedrooms, 3 bathrooms, 2000-2500 sq ft
- 3 parking spaces including a side parking pad
- Currently fully tenanted generating approximately $51,576 in annual gross income with projected NOI of $41,688
- Located on Cannon Street East with access to public transit, schools, parks, and Tim Hortons Field
- Suitable for owner-occupancy with rental income or as an investment property
Key points summarised from the listing description.
Property details
Listed on
May 21, 2026
Days on market
118 days
Property tax
$2,763 (2025)
Lot
25 × 100 Feet
Style
2 1/2 Storey
Heating
Forced Air
Cooling
Central Air
MLS®
X13156508
Full details
Parking
GarageNone
Driveway3
Total parking3
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| September 5, 2026 | — | $549,000 ▼ | Price cut | X13156508 |
| May 21, 2026 | — | $599,000 | Listed | X13156508 |
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Gathering recent comparable sales nearby…
Run the numbers
True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 5.4% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$7,455
Legal · title · inspection$2,800
Closing costs$10,255
Down payment$109,800
Total cash to close$120,055
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
