Maria Tompson
Sales Representative
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com
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$2,489,000
Available - For Sale
Listing ID: X13062960
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.
Price $2,489,000
Taxes: $21,667
Tax Type: Annual
Assessment Year: 2026
Occupancy by: Tenant
Address: 675-681 Barton Street East , Hamilton, L8H 2W1, Hamilton
Postal Code: L8H 2W1
Province/State: Hamilton
Directions/Cross Streets: Barton and Sherman
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Apartment
Building Percentage: F
Total Area: 7,300
Total Area Code:  Square Feet
Maintenance: 0
Sprinklers: No
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Corcoran Horizon Realty

675-681 Barton Street East , Hamilton, L8H 2W1, Hamilton

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stipley
Style:
Lot Size: x 48.00(Feet)
Approximate Age:
Tax: $21,667
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic sales@bestforagents.com pic 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 pic Office: 416-548-7854 | Toll Free: 1-866-382-2968 | Fax: 416-981-7184 Personal Pic
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