1539-1547 Barton ST E, Hamilton, ON L8H 2X7
1539-1547 Barton ST E, Hamilton, ON L8H 2X7
1539-1547 Barton ST E, Hamilton, ON L8H 2X7
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Christine Domina

Christine Domina

+1(416) 873-4747
$3,079,000
Est. payment /mo
25,860 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 25,860 sqft

Price per Sqft $119

Subdivision Homeside

MLS Listing ID X13761316

Annual Tax Amount $37,196

Tax Year 2026

Property Sub-Type Investment

Property Description

A strong opportunity to acquire a professionally managed 16-unit residential apartment property 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. Offered at a current capitalization rate just under 6%, 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.

Location

Province ON

County Hamilton

Area Hamilton

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 110.0

Lot Depth 100.0

Others

ParcelsYN No

Read Less Info
Listed by Corcoran Horizon Realty

GET MORE INFORMATION

Christine Domina

Christine Domina

+1(416) 873-4747

Realtor License ID: 9603994

Realtor License ID: 9603994

First Name*

First Name*

Last Name*

Last Name*

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Christine Domina - Real Estate Smarts, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.