202 Cannon St E

Hamilton | Beasley | L8L 2A8
  • 0
  • 0
  • 0

$1,899,999

Est. Mtg $6,442 /mo
  • Days on market

    188

  • Status

    Ext

Listing Broker KELLER WILLIAMS SIGNATURE REALTY
Since listed: 1 views

Home details

MLS #:

X8171494

Property type:
Vacant Land
Style:
Taxes:
$17,404
Possession:
Immediate
Lot Front:
66.82   Feet
Lot Depth:
84.28   Feet
Basement:
|
Driveway Pkg:
0
Heat:
|

Description


202 Cannon St E, , Hamilton, Ontario is a Vacant Land property in Hamilton and in the Beasley community in the L8L 2A8 postal code


ATTENTION INVESTORS and DEVELOPERS!!! This is a golden opportunity to capitalize on Hamilton's thriving downtown real estate market. Rare opportunity to own a prime residential building lot in Central Hamilton! This corner property located at Cannon/Cathcart measures approximately 67' x 85'. The existing buildings on the site are vacant and their services have been disconnected, making them ready for demolition. The proposed development is a 6.5-storey apartment building consisting of 26 units. Site Plan Approval process is well underway. Furthermore, an Environmental Risk Assessment is being conducted and has been approved for reimbursement under the city's ERASE Redevelopment grant program. Zoned D5, this corner lot will give you the freedom to create the perfect investment property. Don't miss out on this chance to invest in a prime location with endless possibilities!.

Extras

With vacant existing buildings, ready for demolition and services already disconnected, the path is clear for the proposed 6.5-storey apartment building comprising 26 units..


History

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List Date End Date List Price End Price Status MLS #
2023-07 2023-09 $2,100,000 $2,100,000 Ter X6702672
2023-09 2024-02 $1,950,000 $1,950,000 Exp X7028758
2024-03 2024-09 $1,899,999 $1,899,999 Ext X8171494
2023-04 $2,250,000 $2,150,000 X5819562

Comparables

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sold Date Address List Price sold Price DOM
2023-05 66 Wellington St N, $359,997 $360,000 1
2019-11 179 Catharine St N, $250,000 $248,000 37

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 202 Cannon St E

Based on available 3rd party data

$8027

Approximate costs per month

Mortgage
$6442 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1450 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker KELLER WILLIAMS SIGNATURE REALTY
Data Source: TRREB

Payment calculator

$7892 monthly. In association with: TD Bank
%
  • Principal and Interest
    6442 /mo
  • Property Taxes
    $1450 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Hamid Shahsavar, Realtor

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