$1,489,900

For sale

71 Main Street East, Hamilton (Beasley), Ontario, L8N1G2

3,575 ft²Lot size 3,575 sq ft

208 Mary Street, Hamilton (Beasley), Ontario, L8L4V8

3,642 ft²

Listed by REAL BROKER ONTARIO LTD.

74 Cathcart Street, Hamilton (Beasley), Ontario, L8R1M5

For sale

44 days ago

$749K

74 Cathcart Street, Hamilton (Beasley), Ontario, L8R1M5

4 bd4 ba2 pk1,750 ft²Lot size 22 × 220 ft (4,840 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

45 Wellington Street North, Hamilton (Beasley), Ontario, L8R1M9

For sale

50 days ago

$2.50M

45 Wellington Street North, Hamilton (Beasley), Ontario, L8R1M9

2 pk4,763 ft²

Listed by REVEL REALTY INC.

Investment analysis

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$1,489,900

Hamilton

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52 Barton Street East, Hamilton (Beasley) - Multi-family for Sale

52 Barton Street East, Hamilton (Beasley), Ontario, L8L2V8

5 baths2 parking2,674 ft²2,483 sq ft lot sizeListed 61 days ago

Overview

This multi-family property in Hamilton is for sale offering roughly 2,674 sq ft of space. It has been on the market 61 days, fresher than the Hamilton average of 78 days.

Multi-Family Properties for Sale in Hamilton →All real estate in Hamilton →

Description

Amazing investment with this beautiful 5-unit building located just steps from trendy James St and the new Go Station. A few minutes walk to the beautiful Hamilton Harbour and the Bayfront. Located on main Bus Route. Incredible full building upgraded 8+/- years ago, including roof, fully renovated Res units include kitchen with granite counters, s/s appliances including B/I dishwasher and microwave & en-suite washer/dryers, soft close cupboards, replaced furnaces and A/C, Tankless water heaters, newer electric meters and plumbing, windows & doors, fire retrofit w/partial sprinkler system. 4 residential units and 1 commercial storefront. Units are separately metered and tenant pay their of Gas and Electricity. If you are looking for an easy, turn key, simple-to-run-for-years-to-come Multi-unit building, this is the one! (id:66096)

Property Details

MLS®: X13745478
Property Type: Multi-family
Business Type: Residential
Zoning: H
Bathrooms: 5
Parking: 2
Interior Size: 2,674 ft²
Lot Size: 2,483 sq ft
Frontage: 25 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $8,010/yr
Listed: 61 days ago

Features

Appliances: Washer, Dishwasher, Dryer, Microwave, Water Heater

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

61d

Hamilton (Beasley) listings, avg age

78d

Price / ft²

$557

List price

$1.49M

Haho

This multi-family in Hamilton (Beasley) has been listed for 61 days, which is 17 days fresher than the city average of 78. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · RAYMOND LOYA

Location

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Nearby Places

Area context

Neighbourhood profile (L8L)

This home lists at $1,489,900, about 22.9× the local median household income of $65,000.

Carrying it typically needs a household income of about $291,030 (20% down, 25-yr amortization, stress-tested) — roughly 348% above the area median.

Median household income: $65,000
Population: 32,312
Median age: 36.4
Owner / renter: 52% / 48%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L8L)

$1,489,900· $557/ft²

For sale

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Full Cost Breakdown

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Down Payment8.32% · $123,990.00

Min 8.32%50%

Mortgage payment$7,573/mo

↳ CMHC premium ($54,636 capitalized)

Property tax (est.)$668/mo

Total monthly$8,240

Cash Needed to Close

Down payment (8.32%)$123,990

Land transfer tax$26,273

Est. closing costs$6,970

Total cash needed$157,233

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