1 / 18521 BARTON STREET E
Hamilton (Gibson), Ontario, L8L2Y9
$805,000
Bedrooms
6
Bathrooms
2
Parking
0
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:66779)
Details
- Sewer
- Sanitary sewer
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Stories
- 2
- Tax year
- 2,026
- Basement
- Unfinished, N/A
- Directions
- Cross Streets: Barton St E & Wentworth St N. ** Directions: Intersection of Barton & Sanford.
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- House
- Parking features
- No Garage
- Tax annual amount
- 2,700
- Exterior features
- Brick Veneer
- Foundation details
- Unknown
- Lot size dimensions
- 26.3 x 102 FT
- Bedrooms above grade
- 6
- Property attached
- No
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