OFF MARKET

Off market

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382 Cannon St E, Hamilton, ON L8L 2C4

About this home

This home is currently off market and not for sale.

Both 378 and 382 Cannon are being sold together, offering the unique advantage of acquiring two properties for the price of one, as they are currently merged and operating as two duplexes. This investment opportunity provides robust cash flow and has the potential for significant profit. Currently generating a net income of $73,862.91 after expenses, the properties cash flow almost $20,000 a year at a 5.5% interest rate. 378 Cannon features a 3-bedroom unit renting for $1,942/month (inclusive of heat & hydro) and a bachelor unit for $948/month (also inclusive). Meanwhile, 382 Cannon includes a 3-bedroom unit at $2,250/month (plus heat & hydro) and a 2-bedroom unit for $2,000/month (plus heat & hydro). Renovated in 2019, these properties minimize immediate maintenance costs. If severed and sold as two individual properties, there is significant potential to increase their value, making this a compelling investment opportunity. Buyers to verify all expenses, incomes, and zoning verifications.

Single-familyProperty Type

6 spacesParking

Listed by JACK DANIEL BERNSTEIN • Royal Lepage Real Estate Associates

Source:TREB #X9419956

Market trends in Landsdale, ON

Last updated October 2026

Sale-to-list price

Median sale price

Avg. days on market

Recently sold homes

Provided by Redfin

Sale history for 382 Cannon St E

Date

Event

Price

TREB #X9419956

Nov 14, 2024

Sold

—

Nov 1, 2024

Listed

$925,000

Nov 1, 2024

Delisted

—

Oct 21, 2024

Listed

$925,000

+26

Property details

Around this home

Schools

0.8km

Dr. J. Edgar Davey (new) Elementary Public School

Public, JK-8 • Assigned

0.5km

Cathedral High School

Public, 9-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

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Nearby similar homes

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Home values near 382 Cannon St E

Data from public records.

Address
386 Cannon Street East, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment A1, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment A2, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
382 Cannon Street East Apartment 2, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment 1, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment 5, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
374 Cannon Street East, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.

Address
377 Cannon Street East, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment A3, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
370 Cannon Street East Apartment 1, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment 6, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment 4, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
381 Cannon Street East, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
371 Cannon Street East, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.

Address
386 Cannon Street East Apartment A4, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment A5, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
382 Cannon Street East Apartment 1, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment 2, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
386 Cannon Street East Apartment 3, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
378 Cannon Street East Apartment 1, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.
376 Cannon Street East, Hamilton, ON - Beds \| - Baths \| - Sq. Ft.

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