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
$ 2,489,000
Est. payment /mo
Active
675-681 Barton ST E Hamilton, ON L8H 2W1
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Stipley
MLS Listing ID X13062960
Annual Tax Amount $21,667
Tax Year 2025
Property Sub-Type Investment
Property 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.
Location
State ON
County Hamilton
Area Hamilton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 70.0
Lot Depth 48.0
Others
Security Features No
ParcelsYN No
Listed by Corcoran Horizon Realty
Nearby Locations