Description

Freestanding building in Hamilton's busy east end, previously operated as a sub shop, with a 2-bedroom apartment in the back. Perfect for the live/work entrepreneur that wants to take advantage of this high traffic area, walking distance to Centre on Barton, minutes to the QEW and Red Hill. Property has a full basement and additional parking can be created in the back yard. Zoned C5 allowing for many uses! (id:66096)

Property Details

MLS®: 40851515
Property Type: Retail
Zoning: C5
Interior Size: 1,744 ft²
Frontage: 40 ft
Building Area: 1,744 ft²
Storeys: 1
Basement: Full
Ownership: Freehold
Property Tax: $7,215.7/yr
Listed: 100 days ago

Features

Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

100d

Hamilton listings, avg age

65d

Price / ft²

$301

List price

$525K

Haho

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Area context

Neighbourhood profile (L8H)

This home lists at $525,000, about 7.5× the local median household income of $70,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 47% 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)

$525,000· $301/ft²

For sale

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Financing

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1342 BARTON Street East, Hamilton - Retail for Sale