Space
Finished area and layout
- Building Area
- 25,860 sqft
+21 more
25,860 sqft
Building Area
110 x 100 FT
Lot
Property Snapshot
Key details for this listing
MLS #X14098962
Property
Type, style and structure
- Type
- commercial
- Style
- investment / Mixed Use
- Ownership
- Freehold
Lot
Land, frontage and setting
- Lot
- 110 x 100 FT
About This Property
This investment in Hamilton offers 25,860 sqft of building area on a 110 x 100 FT lot. The property has zoned R4 - Midrise Residential. The home features no.
MLS Remarks
A strong opportunity to acquire a professionally managed 16-unit residential apartment property priced at a 6% cap rate; offering an attractive combination of strong current yield, stable operations and meaningful upside. The suite mix includes 14 two-bedroom apartments and two one-bedroom apartments, with approximately 11 of the 16 units updated to varying degrees by current ownership. Several remaining suites offer further renovation potential, while a number of existing rents - including some materially below market - provide clear opportunity for income growth over time. The property is a solid, relatively low-maintenance multi-residential asset with a substantial paved parking area at the rear. It has been professionally managed for years and offers buyers a straightforward addition to an existing residential portfolio. Located in the edge of Hamilton's east end, the property is surrounded by everyday amenities including grocery, shopping, restaurants, services and transit, with convenient access to the Red Hill Valley Parkway and QEW. The property delivers compelling in-place income with the added benefit of CMHC financing potential and multiple avenues for long-term value creation. For investors seeking scale, strong yield and embedded rental upside in a pure residential asset, this is a particularly attractive offering. (id:60351)
Full Listing Details
Address1539-1547 Barton Street E, Hamilton, ON L8H 2X7
MLS#X14098962
Listing StatusActive
Property TypeCommercial
Sub-TypeInvestment
TransactionSale
List DateOct 20, 2026
Days on Market5
Common InterestFreehold
Annual Tax$37,196 (2026)
Structure TypeMulti-Family
AttachedAttached
StyleMixed Use
Living Area25,860 sqft
CityHamilton
ProvinceOn
Postal CodeL8H 2X7
Lot Dimensions110 x 100 FT
Frontage110.0 feet
ZoningR4 - Midrise Residential
Zoning DetailsR4 - Midrise Residential
CoolingNo
UtilitiesYes
Annual Tax$37,196 (2026)
Business TypeApts - 13 To 20 Units
Barton St. E. & Paling Ave
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