1052 BARTON STREET E, Hamilton (Crown Point)

2026-06-23
 

Quick Summary

Location
1052 BARTON STREET E, Hamilton (Crown Point), Ontario L8L3E5
Price
$2,395,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3703 sqft

MLS®#X13474682

Property Description

Turnkey mixed-use investment opportunity featuring 9 units, including 8 residential suites (2 x 1-bedroom, 6 x 2-bedroom) and 1 approximately 1,000 SF ground-floor commercial unit, ideally situated along the high-exposure Barton Street East corridor. Completed under CMHC's MLI Select Energy Program, the Property has undergone an extensive renovation and capital improvement program, including a new roof, updated plumbing, electrical, windows, in-suite heat pumps, a high-efficiency tankless boiler, and a restored exterior façade. As part of the energy retrofit, six of the eight residential units were completely gutted to the studs, reframed, reinsulated, drywalled, and fully renovated, representing a substantial investment. One of the remaining unrenovated units will become vacant in July, while the commercial space is currently vacant. Offered at an attractive 5.5% cap rate at the asking price. Purchaser must assume the existing first mortgage of approximately $1.87M at a 4.45% fixed interest rate with a 40-year amortization, providing highly attractive in-place financing. An exceptional opportunity to acquire a substantially upgraded, low-maintenance investment asset with stable cash flow and favourable long-term financing. (id:32467)

Property Features

Building

  • Appliances: Dryer, Washer
  • Cooling Type: Partially air conditioned, Fully air conditioned
  • Fireplace: No
  • Interior Size: 3703 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: Bldg=37.08 x 100.2 FT

Zoning

  • Description: C5

Information entered by EXP REALTY
Listing information last updated on: 2026-06-23 18:38:30


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