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$2,349,500

1052 - 1054 Barton St E

Hamilton, Ontario

1052 - 1054 Barton St E photo 1
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Sqft

3,703

Type

Investment

About this Property

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.

Listing Details

MLS #
X14173770
Board
PROPTX
Market
ontario
Property Type
Investment
Style
Apartment
Garage
None
Heating
Other
Cooling
Part, Y
Lot Size
37.08 × 100.2 ft
Annual Taxes
$20,581/yr
Listed By
EXP REALTY
Listed On
November 9, 2026

Features & Extras

Extras

Eight Fridges, Eight Stoves, Six Washers, Six Dryers

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