Welcome to 1363-1367 Cannon St. E, an exceptional investment opportunity that hasn't been available for over 40 years. This well-maintained property offers 2397 sq ft of living space and is zoned as a Triplex (323), featuring 5 self-contained units in total. Situated in a highly desirable area with a high walk score, the location is unbeatable. Within walking distance, you'll find the bustling Center Mall, trendy Ottawa Street, and a variety of amenities, making this property incredibly convenient for tenants. The building consists of three floors, with each unit offering a functional layout. The first floor contains 2 units: Unit 1 features a kitchen, living room, bedroom, and a 4-piece bathroom, while Unit 2 offers a similar setup but also includes an additional 2-piece bath. The second floor has 2 more units: Unit 3, which is currently vacant and ready for new tenants, includes a kitchen, living room, bedroom, and 4-piece bath, while Unit 4 has a kitchen, bedroom, and 4-piece bath. The third floor features Unit 5, with a kitchen, living room, bedroom, and 4-piece bath, providing additional rental income potential. The property also includes a utility room and storage space in the basement, offering added convenience. With parking for 3 cars, tenants will enjoy the practicality of dedicated parking spaces in a busy neighborhood. This is an excellent opportunity for investors seeking a property that offers solid income potential in a highly sought-after location. After being under the same ownership for over four decades, this property is now available for the first time, offering a rare chance to capitalize on its long-term value. (id:47421)
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Detailed Information
Bedrooms
6
Bathrooms
9
Lot
25 x 100 ft
Equipment
Water Heater
Listing Contract Date
2025-11-11
Location Description
ROBINS AVE/CANNON ST
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Single Family
Rental Equipment
Water Heater
Transaction Type
For sale
Building
Appliances
All, Window Coverings
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Construction Style (Attachment)
Detached
Cooling Type
Window air conditioner
Exterior Finish
Brick
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Living room
Second level
3.2 m x 3.58 m
Bedroom
Second level
3.2 m x 2.16 m
Bathroom
Second level
1.68 m x 2.13 m
Kitchen
Second level
3.17 m x 2.36 m
Bedroom
Second level
3.17 m x 3.51 m
Bathroom
Second level
1.52 m x 1.22 m
Kitchen
Second level
3.17 m x 3.2 m
Kitchen
Third level
3.38 m x 3.58 m
Living room
Third level
3.48 m x 3.58 m
Bedroom
Third level
2.46 m x 3.58 m
Bathroom
Third level
1.52 m x 1.65 m
Utility room
Basement
0.3 m x 0.3 m
Other
Basement
0.3 m x 0.3 m
Kitchen
Main level
3.17 m x 2.77 m
Living room
Main level
2.57 m x 3.68 m
Bedroom
Main level
3.17 m x 3.17 m
Bathroom
Main level
1.22 m x 1.73 m
Kitchen
Main level
2.46 m x 3.71 m
Bedroom
Main level
4.09 m x 2.62 m
Bathroom
Main level
2.46 m x 1.37 m
Bedroom
Main level
4.06 m x 3.23 m
Bathroom
Main level
0.3 m x 0.3 m
Parking Spaces
Name
Spaces
No Garage
Utilities
Type
Description
Cable
Installed
Electricity
Installed
Sewer
Installed
Land
Total Size
25 x 100 FT
Sewer
Sanitary sewer
Size of Irregular Land
25 x 100 FT
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