1052 - 1054 Barton ST E, Hamilton, ON L8L 3E5
1052 - 1054 Barton ST E, Hamilton, ON L8L 3E5
1052 - 1054 Barton ST E, Hamilton, ON L8L 3E5
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$2,395,000
Est. payment /mo
3,703 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,703 sqft

Price per Sqft $646

Subdivision Crown Point

MLS Listing ID X13474682

Annual Tax Amount $20,581

Tax Year 2025

Property Sub-Type Investment

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.

Location

Province ON

County Hamilton

Area Hamilton

Zoning C5

Interior

Cooling Partial, Yes

Inclusions Eight Fridges, Eight Stoves, Six Washers, Six Dryers

Exterior

Parking Features None

Utilities Available Yes

Building

Lot Description Building

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Lited by EXP REALTY
Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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1052 - 1054 Barton ST E

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