557 Cannon Street, Hamilton, ON

$588,888
MLS#:X9265315
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3 beds
2 baths
4.0 parking
Residential Freehold
Sold property - 3 Bed, 2 Bath Home at 557 Cannon Street Hamilton ON listed at $588,888 (MLS# X9265315) - Main View
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Sold
This property was sold on September 19, 2024. Listing is for reference only.
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Added:Aug 22, 2024(757 days ago)
Updated:Sep 19, 2024(729 days ago)
Last Checked:22 minutes ago

Property Highlights

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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $588,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 24.08 x 100.2 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Excellent Opportunity for First-Time Home Buyers or Saavy Investors in the very heart of Hamilton! Incredibly RARE Home w/ Private Gated Backyard Access via rear laneway to park up to FOUR (4) vehicles! You will not have any problems with parking as owners, multiple tenants, or visitors. Lots of $$$ in modernization and upgrades! New vinyl plank flooring throughout, potlights and light fixtures, front entry door, staircase and railing, kitchen cabinetry and countertop, freshly painted, and newer windows throughout! Brand New Kitchen Island and S/S Fridge! The main floor is spacious, clean and bright welcoming lots of natural sunlight with open concept living and dining spaces leading to the bright kitchen. Walk out from the main floor to the covered backyard escape further leads to a large multipurpose/parking space for occupants. Separate Side Entrance allows for potential future basement apartment to generate additional income. Existing rough-ins for kitchen in basement. This home has been completely renovated throughout and boasts arguably the most functional backyard in the entire neighbourhood. The rear-laneway accessible backyard includes a covered walkout entertainment space which leads to a newly constructed concrete pavement and grass area for landscaping/outdoor enthusiasts! This hidden gem in the neighbourhood will not last long! A/C and Furnace (2018) Windows (2017) Kitchen Island (2024) Refrigerator (2024)

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Property Summary

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This detached home located at 557 Cannon Street, Hamilton is currently for sale and has been available on SousaSells for 757 days. This property is listed at $588,888 with an estimated mortgage of $1,960* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 557 Cannon Street, Hamilton is in the Gibson neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Gibson, Hamilton.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •Desirable Detached architecture in Gibson, Hamilton
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Hamilton.

Target Buyer Match

Key Features

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Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateSeptember 19, 2024
Sold price information is available to members only
AddedAug 22, 2024 (757 days ago)
UpdatedSep 19, 2024 (729 days ago)
Last Checked22 minutes ago
Transaction TypeFor Sale
List Office NameRIGHT AT HOME REALTY

Property Details

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Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size24.08 Ă— 100.2 Feet
CountyHamilton
Annual Tax$2,653.1
Rental ItemsHot Water Tank
Legal DescriptionPT LTS 94 & 95, PL 219 , AS IN VM49669, S/T & T/W VM49669 ; HAMILTON

Parking & Garage

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Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Hamilton Homeowner & Seller AdvisoryVerified Sold Comp

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This property at 557 Cannon Street, Hamilton, ON has closed. If you own a home on this street or nearby in Hamilton, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 557 Cannon Street, Hamilton, ON

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Q.What is the asking price for 557 Cannon Street, Hamilton, ON ?

The current listing price for 557 Cannon Street, Hamilton, ON in Gibson, Hamilton is $588,888.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms.

Q.What property type and architectural style is 557 Cannon Street, Hamilton, ON ?

557 Cannon Street, Hamilton, ON is a Detached (2-Storey) featuring a Finished, Separate Entrance basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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557 Cannon Street, Hamilton, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Gibson, Hamilton

SAFETY RATING8.0 / 10
Low Incident Area
Total Annual Incidents108 incidents / yr
Average Per Month9.0 incidents / mo
Population Benchmark14,000 residents
Personal Safety
Moderate

52 assaults (371.4/100k)

Property Security
Moderate

18 B&E (128.6/100k)

Auto Theft Risk
Elevated

20 thefts (142.9/100k)

1-Year Trend
â–Ľ 1.8%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Hamilton Police Service (HPS) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 557 Cannon Street E, Hamilton, ON L8L 2G2

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Gibson, Hamilton Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Gibson, Hamilton.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$731,949

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Gibson, Hamilton

Elementary Schools

St Ann's
PublicSherman Avenue North, Stipeley, Hamilton, Ontario, L8L 0B8
5.6
Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
Cathy Wever
Public160 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 5V7
2.1
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8
St Patrick's
Public20 East Avenue South, Landsdale, Hamilton, Ontario, L8N 3X1
4.1

Secondary Schools

Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6
Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2

Gibson, Hamilton Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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