Residential in Hamilton

CA$699,000

521 Barton, L8L 2Y9, Hamilton, ON

Residential for sale in Hamilton, 521 Barton, L8L 2Y9

521 Barton, L8L 2Y9, Hamilton, ON

CA$699,000

6Bed
2Bath
Type: Residential

Description

521 Barton Street E Hamilton is an investment property. Corner-lot duplex with a renovated 2-bedroom main-floor unit (re-renting at $1, 800 + hydro) and a four-room upper unit sharing kitchen and bath. Two hydro meters. Unfinished basement with development potential. Growth opportunity: A corner-lot property with genuine value-add upside in addition to in-place income. The main-floor 2-bedroom unit is freshly renovated and stabilizing at $1, 800 + hydro, while four month-to-month rooms above allow rents to be reset to market. The unfinished basement is counted as a sixth door and is currently vacant: finishing and leasing it adds a new income stream immediately, and the corner-lot position offers a further, longer-term path to add density and value. Net operating income: $44, 158, Doors: 6 (5 occupied / 83%) Configuration: Renovated 2-bed main floor + 4-room upper unit + unfinished basement (6th door, vacant)Metering: Two hydro meters

Location

521 Barton, L8L 2Y9, Hamilton, ON

Data

Object TypeResidential
Purchase PriceCA$699,000
Living Space0 m²
Plot SizeN/A
Bathrooms2
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeGas, Forced Air
Primary Energy SourceN/A
Construction YearN/A
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent