521 Barton Street East

Hamilton, ONDetached
$699,000
MLS® X13522496
Detached6 beds2 baths0 total
521 Barton Street East, Hamilton, ON photo 1
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About This Property

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 (id:63604)

Key Facts

Type
Detached
Beds
6
Baths
2
Size
1,500 sqft
Lot
26.3 x 102 FT
Parking
0 total
Property Details 15 details
Bedrooms
6 bedrooms
6 above grade
Bathrooms
2 bathrooms
Parking
0 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Single Family · Freehold · Detached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Detached
Storeys
2
Basement
Unfinished
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
26.3 x 102 FT
Frontage
26.30 feet
Taxes
$2,700.00 (2,026)
Water source
Municipal water
Sewer
Sanitary sewer

Exterior features

Brick Veneer
Mortgage & Affordability Estimate monthly costs
Purchase price$699,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Gibson
City
Hamilton
Postal code
L8L 2Y9
Nearby
Cross Streets: Barton St E & Wentworth St N. ** Directions: Intersection of Barton & Sanford.