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$2,395,000
Ontario,Hamilton (Crown Point)
For Sale Active
1052 BARTON STREET E, Hamilton (Crown Point), Ontario L8L3E5
  • 3,703 Sqft
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13474682
  • Price: $2,395,000
  • Square Footage: 3,703 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 294429
Features & Appliances
Features
  • Heating System: Other
  • Cooling System: Fully air conditioned, Partially air conditioned
Address Map
  • Location: CA, Ontario, Hamilton (Crown Point), L8L3E5
  • Street: Barton
  • Street Number: 1052
  • Street Suffix: Street
  • Longitude: W80° 10' 56.2''
  • Latitude: N43° 15' 5.7''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Lot Size Dimensions: Bldg=37.08 x 100.2 FT
Financial
  • Tax Annual Amount: 20581
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Listing updated: 2026-06-22 23:40:42
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Listing Information
  • List Agent Key: 2167268
  • List Office Key: 294429
  • Modification Timestamp: 2026-06-22T23:20:05Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-22T23:15:27Z
Powered by REALTOR.ca
Listing updated: 2026-06-22 23:40:42
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