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341 Barton ST E Hamilton, ON L8L 2X6
9,838 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 9,838 sqft
Subdivision Landsdale
MLS Listing ID X13732126
Annual Tax Amount $76,788
Tax Year 2026
Property Sub-Type Investment
Property Description
The offering presents the opportunity to acquire a 100% freehold interest in 341 Barton Street East, Hamilton, Ontario (the "Property" or the "Site"). The property presents investors with the opportunity to acquire a 32-unit, circa 1911 mixed-use apartment building in Hamilton's Landsdale neighbourhood, paired with five commercail units fronting Barton Street East and grade-level garage space offering infill potential - a combination of dual-stream in-place income and additional density in one of Ontario's fastest-growing secondary markets. The property is a four-storey mixed-use building offering 32 residential suites comprised of 26 one-bedrooms and six two-bedrooms, averaging 425 sf and 639 sf respectively, with an average in-place rent of 1,281 per month. The five commercial units total 4,818 leaseable square feet, are secured under leases expiring between 2028 and 2031 with no maturity within twenty-four months of closing, and contribute approximately 18% of total potential gross revenue. The Property sits immediately adjacent to Hamilton General Hospital, a level 1 trauma and cardiac centre and one of the region's largest employers, generating consistent round the clock rental demand from medical and support staff, within a lower city catchment where 62.9% of households rent. 341 Barton Street East Property Specific Details. Land Area: 9,838.20 sf (0.23 acres) - Pin: 171870085 - Suites: 32 (26 one bed, 6 two bed) - GLA: Approx. 14,894 sf residendial / 4,818 sf commercial - Parking: 5 spaces - Zoning: C5a - Mixed-use Medium High Density Residential - Infill Potential: 2 additional one-bedroom suites within existing footprint - NOI: $403,640
Location
Province ON
County Hamilton
Area Hamilton
Zoning C5a
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 91.0
Lot Depth 107.0
Others
Security Features Yes
ParcelsYN No
Listed by CUSHMAN & WAKEFIELD