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1539-1547 Barton Street E

Homeside, Hamilton, L8H 2X7

$2,988,000

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Listed today · MLS® X14098962

About this home

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.

Details

Type
Investment
Lot
110 × 100 ft
Garage
None
Property tax
$37,196 (2026)
Neighbourhood
Homeside
Municipality
Hamilton

Heating, cooling and services

Heating
Electric Hot Water
Utilities
Yes

Building and exterior

Building area
25,860 Square Feet

More

Possession
Flexible
Cross street
Barton St. E. & Paling Ave.
Business type
Apts - 13 To 20 Units

Location

Location is approximate. See nearby homes on the map

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The neighbourhood

Getting around Walkable

  • 🚆 Confederation GO3.1 km

Within a 10-minute walk: 2 grocery stores, 10 cafés and restaurants, 3 parks, 1 pharmacy. Nearest grocery: FreshCo (150 m). Nearest park: Fairfield Park (200 m).

Schools nearby

Elementary

  • W. H. Ballard Public School
    EQAO: Gr 6 reading 79%, math 38%    12 min walk
  • Parkdale School
    EQAO: Gr 3 reading 77%, math 71%    14 min walk
  • Queen Mary Public School
    EQAO: Gr 6 reading 82%, math 33%    1.3 km
  • St. Eugene Catholic Elementary School Catholic
    EQAO: Gr 6 reading 81%, math 45%    1.5 km

Secondary

  • Sir Winston Churchill Secondary School
    EQAO: Gr 9 math 35%, literacy test 56%    16 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L8H

Owners / renters
66% / 34%
Median household income
$70,000
Average age
41
Children under 15
16%
Homes
73% detached, 8% high-rise
Commute by transit
11%
Population
26,187

Languages spoken most at home besides English: Spanish 1.1%, Portuguese 0.7%, Tagalog (Pilipino, Filipino) 0.7%, Arabic 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Hamilton: 6 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Corcoran Horizon Realty.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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