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$ 699,000
Est. payment /mo
Price Dropped by $106K
521 Barton ST E Hamilton, ON L8L 2Y9
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Gibson
MLS Listing ID X13522496
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,700
Tax Year 2025
Property Sub-Type Detached
Property Description
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
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Basement Unfinished
Kitchen 1
Interior
Interior Features None
Cooling Central Air
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Building
Foundation Unknown
Lited by EXP REALTY