For saleMLS® X14179160

131 Cannon Street E, Hamilton, ON L8L 2A4

Beasley, Hamilton · Near Cannon/Mary · View map

$525,000
5+1Beds
3Baths
1500–2000Sq ft
Detached homeType
NoneParking
Crawl Space, FinishedBasement
$3,301/yrTaxes
$525,000
FreeholdNo monthly condo fee
Finished basementExtra living space
Fenced yardYour own outdoor space
Lot 22.1 x 66.1 ftThe land comes with the home
Central airCool all summer

About this home

Welcome to 131 cannon street, Excellent Investment Opportunity in Hamilton's Growing Beasley Neighborhood! Discover the income-generating potential of this spacious 2-storey brick property, ideally situated near downtown Hamilton. Currently fully tenanted with 7 rented rooms, this property offers an opportunity for investors seeking an established rental arrangement and future appreciation potential. Featuring 1 kitchen, 3 bathrooms, a finished basement with walk-out, and a versatile multi-level layout. Conveniently located close to public transit. Excellent potential for investors looking to expand their real estate portfolio. Don't miss this opportunity to invest in Hamilton's rental market!

The home

Type
Detached home
Style
2 1/2 Storey
Square footage
1500-2000 sq ft
Bedrooms
5
Basement bedrooms
1
Bathrooms
3
Kitchens
1
Rooms
10
Basement
Crawl Space, Finished
Lot size
22.1 x 66.1 ft
Faces
North

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Total parking
None

Taxes & other

Property taxes
$3,301/yr
Tax year
2026
Occupancy
Vacant
Possession
Immediate
Cross street
Cannon/Mary
Neighbourhood
Beasley

More

Price per sq ft
~$300 (at 1,750 sq ft)
MLS® number
X14179160

The home and its surroundings

  • Carpet Free
  • Fenced Yard
  • Hospital
  • Public Transit
  • School
Want to know something that isn’t listed?
Estimated monthly cost$2,393per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    131 Cannon Street, Hamilton, ON L8L 2A4

    Beasley, Hamilton · Near Cannon/Mary

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    Sold history

    Listing history for 131 Cannon Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 131 Cannon Street E

    Answers come straight from this home’s MLS® listing.

    How much is 131 Cannon Street E listed for, and what would it cost each month?

    131 Cannon Street E is listed for $525,000. With 20% down ($105,000), the mortgage payment would be roughly $2,118 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,393 a month, all in. That figure is an illustration, not a quote.

    Is 131 Cannon Street E freehold or a condo, and is there a monthly fee?

    131 Cannon Street E is a detached home in Beasley, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 131 Cannon Street E have?

    131 Cannon Street E has 5 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms. The listing gives the style as 2 1/2 storey.

    Does 131 Cannon Street E have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    Does 131 Cannon Street E have a finished basement?

    The listing describes the basement as crawl space, finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.

    What style of home is 131 Cannon Street E?

    131 Cannon Street E is a detached home. A detached home stands on its own lot with no shared walls.

    How big is 131 Cannon Street E, and what is the lot size?

    The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 22.1 x 66.1 ft.

    How is 131 Cannon Street E heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 131 Cannon Street E?

    Property taxes are $3,301 a year (2026), or about $275 a month.

    Where is 131 Cannon Street E?

    131 Cannon Street E is in the Beasley community of Hamilton. The nearest main intersection is Cannon/Mary. The postal code is L8L 2A4.

    Is 131 Cannon Street E still for sale?

    Yes. It is an active listing (MLS® X14179160). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 131 Cannon Street E asking?

    Similar properties for sale nearby right now include 466 Cannon Street E at $585,000 (2 bed), 125 Cathcart Street at $449,900 (5 bed) and 143 Elgin Street at $469,000 (6 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 131 Cannon Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 131 Cannon Street E?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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