Room 1
Level not provided
1539-1547 Barton Street
Homeside, Hamilton, ON L8H 2X7
Description
A strong opportunity to acquire a professionally managed 16-unit residential apartment property priced at a 6% cap rate; 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. 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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- 40872450
- Board
- Cornerstone (ITSO) MLS®
- Days on market
- Tax
- $37,196
- Size
- 25860 sqft
- Lot
- 110.00 × 100 ft
- Parking
- 11 Parking
Listing History
Listing activity for 1539-1547 Barton Street, Hamilton, ON
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $2,988,000 | N/A | For Sale | 40872450 |
Property Details
Property
- Property Type
- Multi Family
- Style
- Other
- Community
- Homeside
- Municipality
- Hamilton
Inside
- Bedrooms
- 1
- Basement Type
- Full, Partially Finished
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Baseboard, Radiant
Building
- Size
- 25860 sqft
- Construction
- Brick
Parking
- Driveway
- Outside/Surface/Open
- Add. Parking
- 11
- Total Parking
- 11
Land
- Sewer
- Sewer (Municipal)
- Lot Size
- 110.00 × 100 ft
Additional
- Roof
- Flat
- Extras
- Other,All Unit Fridges And Stoves.
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 7 on record nearby 6 checked, none on recordRead 2026-11-06
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m4 test or monitoring holes also recorded.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
Province of Ontario open data
Around the home
- Nearest rail line: 360 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 30 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Province of Ontario open data · Municipal transit open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Orlick Industries Ltd. — 411 Parkdale, 660 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Alectra Utilities Corporation
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Dotto One, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$13,697
- Down payment$597,600
- Mortgage amount$2,390,400
- Total interest$1,718,700
- Total cost$4,706,700
Cash flow analysis
$13,697
Total monthly payment
$16,797
Break-even down payment
100%
Cash flow-$16,797
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$2,988,000
$2,988,000
CAD
Estimate unavailable
Similar active listings
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.