$3,079,000
( $119.06Per Sq Foot )
 $16,529 est/mo Sourced by Back At You

1539-1547 Barton Street E,Hamilton, ON L8H 2X7

Hamilton, ON L8H 2X7

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Description

A strong opportunity to acquire a professionally managed 16-unit residential apartment property offering an attractive combination of strong current yield, stable operations and meaningful upside. The suite mix includes 14 two-bedroom apartments and two one-bedroom apartments, with approximately 11 of the 16 units updated to varying degrees by current ownership. Several remaining suites offer further renovation potential, while a number of existing rents - including some materially below market - provide clear opportunity for income growth over time. The property is a solid, relatively low-maintenance multi-residential asset with a substantial paved parking area at the rear. It has been professionally managed for years and offers buyers a straightforward addition to an existing residential portfolio. Located in the edge of Hamilton's east end, the property is surrounded by everyday amenities including grocery, shopping, restaurants, services and transit, with convenient access to the Red Hill Valley Parkway and QEW. Offered at a current capitalization rate just under 6%, the property delivers compelling in-place income with the added benefit of CMHC financing potential and multiple avenues for long-term value creation. For investors seeking scale, strong yield and embedded rental upside in a pure residential asset, this is a particularly attractive offering.

Details

MLS #X13761316
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site28
Listing Provided ByCorcoran Horizon Realty | X13761316 539302

Features

SQ Feet25,860
Acreage0.59

Interior

CoolingNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount37196
Tax TypeAnnual
Tax Year2026

Area Information

ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8H 2X7
AreaHomeside
Listing VS Median (in L8H 2X7)
Price:
$3,079,000
low | high
Med:
$3,079,000
50% of Average
sqft:
25,860
low | high
Med:
25,860
50% of Average
$ / sqft:
$119
low | high
Med:
$119
50% of Average
On site:
28
low | high
Med:
28
100% of Average
Sourced by Back At You

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Learn More About This Property

ROY CADO

ROY CADO

Coldwell Banker The Real Estate Centre

SRES (416) 994-4748roycado@gmail.com
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8H 2X7
AreaHomeside
Listing VS Median (in L8H 2X7)
Price:
$3,079,000
low | high
Med:
$3,079,000
50% of Average
sqft:
25,860
low | high
Med:
25,860
50% of Average
$ / sqft:
$119
low | high
Med:
$119
50% of Average
On site:
28
low | high
Med:
28
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.39M - $3.848M
sqft: 19,000 - 32,000
Nearby Listings Property ImageNearby Listings Details
1539-1547 Barton Street E Property Photo 1
$3,079,000
1539-1547 Barton Street E
Hamilton, ON L8H 2X7
Listing Updated: September 30, 2026 at 12:08:53 AM PDT

ROY CADO - Coldwell Banker The Real Estate Centre