About this property

Turnkey mixed-use investment opportunity featuring 9 units, including 8 residential suites (2 x 1-bedroom, 6 x 2-bedroom) and 1 approximately 1,000 SF ground-floor commercial unit, ideally situated along the high-exposure Barton Street East corridor. Completed under CMHC's MLI Select Energy Program, the Property has undergone an extensive renovation and capital improvement program, including a new roof, updated plumbing, electrical, windows, in-suite heat pumps, a high-efficiency tankless boiler, and a restored exterior façade. As part of the energy retrofit, six of the eight residential units were completely gutted to the studs, reframed, reinsulated, drywalled, and fully renovated, representing a substantial investment. One of the remaining unrenovated units will become vacant in July, while the commercial space is currently vacant. Offered at an attractive 5.5% cap rate at the asking price. Purchaser must assume the existing first mortgage of approximately $1.87M at a 4.45% fixed interest rate with a 40-year amortization, providing highly attractive in-place financing. An exceptional opportunity to acquire a substantially upgraded, low-maintenance investment asset with stable cash flow and favourable long-term financing.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13474682
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	3,703 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Crown Point
City	Hamilton
Postal Code	L8L 3E5
Province	ON
Listed Date	June 22, 2026
Days on Market	45
Price per Sq Ft	$647
Brokerage	EXP REALTY