570 Cannon Street E
Gibson, Hamilton
$469,000
Welcome to 570 Cannon St E! This versatile 2.5-storey detached home offers 3+1 bedrooms, 2 bathrooms and rare 3-car parking. Bright main floor features newer flooring,pot lights and a spacious eat-in kitchen. Second floor offers 2 bedrooms, full bath and laundry, while the third floor provides an additional bedroom and bonus office/den.Finished lower level includes a kitchen, living area, bedroom and bathroom, offering excellent in-law or income potential. Recent updates include newer flooring, roof, watersupply and tankless water heater. Great central Hamilton location close to Hamilton General Hospital, transit, parks, shopping, restaurants and downtown amenities. Excellentopportunity for families, first-time buyers or investors!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,867 |
| Lot Size | 29.5 ft x 76 ft |
| mls© Number | X13707552 |
| Listed By | MICHAEL ST.JEAN 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%
- $2,401
- Property tax
- $239
- Heat allowance
- $150
- Housing costs
- $2,789 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$86,000
gross annual household income
- Payment at 4%
- $1,974 / mo
- Cash down
- $93,800
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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