Skip to content
1 / 4
For saleMLS® X12568826

585 Cannon Street E, Hamilton, ON L8L 2G6

Gibson · L8L 2G6

$849,999

$425 / sq ft

11 months on market

Bedrooms
7
Bathrooms
6
Interior
2,000 sf
Lot
16.2 × 60.16 ft

What's special

  • Window unit(s)
  • Basement apartment

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

Residential property with 6 units, investment property with Electrical(200Amp), GROSS income over 65K per YEAR. GOOD TENANT PROFILE with stable rent income.

Features

  • None

Property details

Property

Property type
multiplex
Bedrooms
7
Bathrooms
6
Interior size
2,000 sq ft
Lot size
16.2 × 60.16 ft
Possession
TBD

Interior

Basement
Apartment, Separate Entrance
Heating
Forced Air · Gas
Cooling
Window Unit(s)
Exposure
South

Exterior & services

Construction
Brick
Sewer
Sewer

Costs

List price
$849,999
Property taxes
$3,743 / year (2025)
Price per sq ft
$425
Rental items
2 Hot Water Tank

Listing

MLS® number
X12568826
Status
For sale
Listed
November 22, 2025
Days on market
348
Last updated
June 19, 2026
Listing brokerage
CENTRAL WORLD REALTY

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 80% of comparable multiplex listings in Gibson are asking less.

$439KMedian $624K$976K
This home
$425 / sq ft
Comparable median
$389 / sq ft

Based on 10 comparable active multiplex listings in Gibson. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.1% · minimum $60,000
$60,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,368.04
Property tax (est.)
$311.90
Estimated monthly
$4,680

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$13,475
Total due on closing
$13,475

An estimate on the asking price of $849,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTRAL WORLD REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$849,999

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.

Similar properties nearby