521 Barton Street E, Hamilton - $805,000 | Modern Solution Realty

521 Barton Street E

521 Barton Street E, Hamilton

521 Barton Street E in Hamilton - 6 bedroom, 2 bathroom. Listed at $805,000.

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

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 1750 sqft
  • Basement: Unfinished
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 0 space
  • Property Taxes: $2,700/yr
  • Neighbourhood: Gibson
  • Postal Code: L8L 2Y9

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