521 Barton St, Hamilton, Ontario L8L 2Y9
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Price/Sqft$469/sqft
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Description
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. Properties are available individually or as a complete package. 521 Barton Street E Hamilton is a 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
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