$1,450,000

Investment For Sale In Crown Point West, Hamilton, Ontario

$1,450,000

Property Information:

Exceptional Turn-Key Investment Opportunity in Hamilton. Welcome to 897 Barton Street East, purpose-built 7-plex generating strong, consistent income. This well-maintained property features six one-bedroom units and one two-bedroom unit, with a current monthly gross income of $9,463.72 and potential to reach $10,550. With projected valuation at $1,780,000, this asset offers investors an attractive return and long-term upside. The building is home to reliable, long-term tenants and has been carefully managed to minimize expenses—there is no rented equipment on site. Located in a high-demand area close to shopping, transit, GO Station, hospitals, and key city amenities, the property benefits from strong rental demand and a low vacancy history. Whether you're expanding your portfolio or seeking a stable income-producing asset in a rapidly growing market, 897 Barton Street East is a smart, turn-key acquisition in the heart of Hamilton’s urban revival. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: None
  • Exterior Finish: Brick
  • Floor Space: 3600 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 7
  • Amenities Nearby: Hospital, Public Transit, Shopping
  • Built in: 2004
  • Features: Southern exposure
  • Floor Space (approx): 3600 Square Feet
  • Lot Depth: 110 Feet
  • Lot Frontage: 45 Feet
  • Zoning: 471-retail/office w residential units
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 6

Courtesy of: eXp Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • View of property -
  • Living area featuring light tile patterned flooring and baseboards -
  • Spare room featuring light wood-style flooring and baseboards -
  • Unfurnished room featuring baseboards and wood finished floors -
  • Kitchen featuring white range oven, freestanding refrigerator, white cabinetry, light wood-style flooring, and under cabinet range hood -
  • Kitchen with white electric stove, freestanding refrigerator, white cabinetry, under cabinet range hood, and light tile patterned floors -
  • Full bath featuring vanity and washtub / shower combination -
  • Bedroom with light wood-style flooring and baseboards -
  • Spare room featuring light wood finished floors and baseboards -
  • Utilities with electric water heater -
  • Corridor with light tile patterned floors -
  • Utilities featuring electric panel -
  • View of parking / parking lot -
  • View from above of property -
  • Aerial view of property's location -
  • Drone / aerial view -
  • Aerial view of property and surrounding area with property boundaries highlighted -
  • Map of property location -