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MLS® X13062960

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7300 sqft
Garage 
Taxes $21,667
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $340
MLS® Number X13062960

Property Address: 675-681 Barton St E, Hamilton, ON, L8H2W1

Average square foot calculated using Size range provided by listing agent.

Description

Extensively upgraded, this 2.5-storey mixed-use building offers a rare opportunity to acquire a stabilized asset with strong in-place income and long-term upside. The property comprises 8 renovated residential units (42-bedroom and 41-bedroom) above 3 ground-floor commercial spaces, all occupied by established tenants. Two commercial leases have just begun new 5-year terms, providing secure income through 2031. The current owner has completed a comprehensive renovation program, including full updates to all residential units in 2022, along with significant improvements to the building's systems and exterior. Windows and heat pumps were replaced in 2022, electrical has been substantially upgraded, and all three commercial units have been fully rebuilt within the past year, creating modern, attractive spaces for long-term tenancy. The desirable residential units feature in-suite laundry and efficient ductless HVAC for heating and air conditioning, offering a high-quality tenant experience. Purposefully configured for ease of ownership, the building requires minimal ongoing maintenance, with no parking, exterior grounds, balconies, or elevators to manage. All utilities are tenant-paid, further simplifying operations. Located at the east end of Barton Village, a corridor gaining renewed energy and investment, the property benefits from strong connectivity and convenient highway access-supporting continued tenant demand and long-term growth. (id:58753)Show Description
MLS® NumberX13062960
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOther
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
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00/00/0000List Date
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  • Commute

Commute

Starting Address
Destination Address
675-681 Barton St E, Hamilton, ON

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