Space
Finished area and layout
- Building Area
- 9,838 sqft
$7,350,000
341 Barton
Hamilton, On, L8L 2X6
mixed use·sale·Tax $76,788/yr
New
9,838 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- investment / Mixed Use
Lot
Land, frontage and setting
- Zoning
- C5a
Costs
Price, taxes and monthly charges
About This Property
This investment in Hamilton offers 9,838 sqft of building area. The property has zoned C5a. The home features partial.
MLS Remarks
The offering presents the opportunity to acquire a 100% freehold interest in 341 Barton Street East, Hamilton, Ontario (the "Property" or the "Site"). The property presents investors with the opportunity to acquire a 32-unit, circa 1911 mixed-use apartment building in Hamilton's Landsdale neighbourhood, paired with five commercail units fronting Barton Street East and grade-level garage space offering infill potential - a combination of dual-stream in-place income and additional density in one of Ontario's fastest-growing secondary markets. The property is a four-storey mixed-use building offering 32 residential suites comprised of 26 one-bedrooms and six two-bedrooms, averaging 425 sf and 639 sf respectively, with an average in-place rent of 1,281 per month. The five commercial units total 4,818 leaseable square feet, are secured under leases expiring between 2028 and 2031 with no maturity within twenty-four months of closing, and contribute approximately 18% of total potential gross revenue. The Property sits immediately adjacent to Hamilton General Hospital, a level 1 trauma and cardiac centre and one of the region's largest employers, generating consistent round the clock rental demand from medical and support staff, within a lower city catchment where 62.9% of households rent. 341 Barton Street East Property Specific Details. Land Area: 9,838.20 sf (0.23 acres) - Pin: 171870085 - Suites: 32 (26 one bed, 6 two bed) - GLA: Approx. 14,894 sf residendial / 4,818 sf commercial - Parking: 5 spaces - Zoning: C5a - Mixed-use Medium High Density Residential - Infill Potential: 2 additional one-bedroom suites within existing footprint - NOI: $403,640
Full Listing Details
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
