675-681 Barton Street E Hamilton, Ontario L8H 2W1

$2,489,000

Extensively upgraded, this 2.5-storey mixed-use building offers a rare opportunity to acquire a stabilized asset with strong in-place income and long-term upside. The property comprises 8 renovated residential units (4×2-bedroom and 4×1-bedroom) above 3 ground-floor commercial spaces, all occupied by established tenants. Two commercial leases have just begun new 5-year terms, providing secure income through 2031. The current owner has completed a comprehensive renovation program, including full updates to all residential units in 2022, along with significant improvements to the building’s systems and exterior. Windows and heat pumps were replaced in 2022, electrical has been substantially upgraded, and all three commercial units have been fully rebuilt within the past year, creating modern, attractive spaces for long-term tenancy. The desirable residential units feature in-suite laundry and efficient ductless HVAC for heating and air conditioning, offering a high-quality tenant experience. Purposefully configured for ease of ownership, the building requires minimal ongoing maintenance, with no parking, exterior grounds, balconies, or elevators to manage. All utilities are tenant-paid, further simplifying operations. Located at the east end of Barton Village, a corridor gaining renewed energy and investment, the property benefits from strong connectivity and convenient highway access—supporting continued tenant demand and long-term growth. (id:19593)

Property Details

MLS® Number	40825451
Property Type	Other
Amenities Near By	Public Transit
Community Features	High Traffic Area
Features	Visual Exposure

Building

Basement Type	Partial
Stories Total	3
Size Exterior	7300.0000
Size Interior	7,300 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Sewer	Municipal Sewage System
Size Frontage	70 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	C2 - Neighbourhood Commercial

https://www.realtor.ca/real-estate/29677756/675-681-barton-street-e-hamilton