269 CANNON Street
Hamilton, Ontario
1,275 sqft • Other
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*
Price History
Property
- Lot Size
- 0.03 acres
Schools
Elementary
- Dr. J. Edgar Davey Elementary Public School0.4 km
Public · Hamilton-Wentworth DSB · 585 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 14% met the provincial standard
- St. Patrick Catholic Elementary School0.6 km
Catholic · Hamilton-Wentworth CDSB · 405 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 41% met the provincial standard
- Cathy Wever Elementary Public School0.7 km
Public · Hamilton-Wentworth DSB · 540 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 23% met the provincial standard
Secondary
- System Alternative Education Sir Isaac Brock Secondary School0.5 km
Public · Hamilton-Wentworth DSB · 65 students
- Cathedral High School0.8 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- Bernie Custis Secondary School Secondary School2.4 km
Public · Hamilton-Wentworth DSB · 955 students
Grade 10 literacy: 65% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8L
- Population
- 32,312
- Private dwellings
- 14,444
- Median age
- 36.4
- Average household size
- 2.4
- Median household income
- $65,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in Hamilton · last 12 months
- Median sold price
- $682,500
- Homes sold
- 4,995
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,995 recorded sales of other properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$103,980
Estimated Monthly Payment
$2,554
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,554/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $130/mo
Estimates only. Consult a financial advisor.
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