$729,900

For sale

1292 BARTON Street East, Hamilton - Other for Sale

1292 BARTON Street East, Hamilton, Ontario, L8H2W1

4,000 ft²Listed 12 days ago

Overview

This other in Hamilton is for sale offering roughly 4,000 sq ft of space. It has been on the market 12 days, fresher than the Hamilton average of 65 days.

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Description

Mixed-Use Investment Property Across from Centre Mall – Crown Point, Hamilton. Well-maintained mixed-use investment property located directly across from Centre Mall in Hamilton's highly desirable Crown Point neighbourhood. The property features approximately 2,000 sq. ft. of ground-floor commercial space, currently operating as a short-term rental and in good condition. This versatile space offers excellent potential for additional income, owner occupancy, or a variety of commercial uses (subject to applicable zoning and approvals). Situated in one of Hamilton's most vibrant and sought-after communities, the property is within walking distance of shopping, restaurants, public transit, and everyday amenities. With stable residential rental income and value-add potential from the commercial space, this is an outstanding investment opportunity. Conveniently located just minutes from major highways. Free public parking is available directly across the street, with an additional municipal parking lot located one block away. (id:66096)

Property Details

MLS®: 40873722
Property Type: Other
Zoning: C5
Interior Size: 4,000 ft²
Frontage: 24 ft
Building Area: 4,000 ft²
Storeys: 2
Basement: None
Ownership: Freehold
Property Tax: $8,596.65/yr
Listed: 12 days ago

Features

Foundation: Block
Exterior: Concrete, Brick, Stucco
Lot Features: Southern exposure, Visual exposure

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Hamilton listings, avg age

65d

Price / ft²

$182

List price

$730K

Haho

This other in Hamilton has been listed for 12 days, which is 53 days fresher than the city average of 65. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc. · Sarbjit Singh

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8H)

This home lists at $729,900, about 10.4× the local median household income of $70,000.

Carrying it typically needs a household income of about $142,575 (20% down, 25-yr amortization, stress-tested) — roughly 104% above the area median.

Median household income: $70,000
Population: 26,187
Median age: 40
Owner / renter: 66% / 34%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L8H)

$729,900· $182/ft²

For sale

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Financing

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