$805,000Asking Price
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. Properties are available individually or as a complete package. 521 Barton Street E Hamilton is a corner-lot duplex with a renovated 2-bedroom main-floor unit (re-renting at $1,800 + hydro) and a four-room upper unit sharing kitchen and bath. Two hydro meters. Unfinished basement with development potential. Growth opportunity: A corner-lot property with genuine value-add upside in addition to in-place income. The main-floor 2-bedroom unit is freshly renovated and stabilizing at $1,800 + hydro, while four month-to-month rooms above allow rents to be reset to market. The unfinished basement is counted as a sixth door and is currently vacant: finishing and leasing it adds a new income stream immediately, and the corner-lot position offers a further, longer-term path to add density and value. Net operating income: $44,158, Doors: 6 (5 occupied / 83%) Configuration: Renovated 2-bed main floor + 4-room upper unit + unfinished basement (6th door, vacant)Metering: Two hydro meters
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. Properties are available individually or as a complete package. 521 Barton Street E Hamilton is a corner-lot duplex with a renovated 2-bedroom main-floor unit (re-renting at $1,800 + hydro) and a four-room upper unit sharing kitchen and bath. Two hydro meters. Unfinished basement with development potential. Growth opportunity: A corner-lot property with genuine value-add upside in addition to in-place income. The main-floor 2-bedroom unit is freshly renovated and stabilizing at $1,800 + hydro, while four month-to-month rooms above allow rents to be reset to market. The unfinished basement is counted as a sixth door and is currently vacant: finishing and leasing it adds a new income stream immediately, and the corner-lot position offers a further, longer-term path to add density and value. Net operating income: $44,158, Doors: 6 (5 occupied / 83%) Configuration: Renovated 2-bed main floor + 4-room upper unit + unfinished basement (6th door, vacant)Metering: Two hydro meters
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 2 3-Piece Bathrooms | ||||
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Gibson, Hamilton is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 20 to 24 and adults aged 25 to 44.
Kids Per Family
1.5
kids per family
in the neighbourhood.
62%
of residents are
single and loving it.
62% singles
Hamilton (46%)
65%
of residents
are renters.
65% renters
Hamilton (32%)
15%
of residents are
university grads.
15% university grads
Hamilton (28%)Average Household Income
$56K
is the average household
income in the neighbourhood.
Professions
| Sales | 16% |
| Trades | 8% |
| Business | 5% |
| Manufacturing | 4% |
| Government | 4% |
27%
of residents were
born outside of Canada.
27% immigrants
Hamilton (25%)2.3% from Syria
All-time
0.7% from Somalia
Recent
Foreign Languages
| Arabic | 3% |
| Vietnamese | 3% |
| Spanish | 2% |
| French | 2% |
| Somali | 2% |
Religions
| Christian | 55% |
| Muslim | 4% |
| Buddhist | 2% |
| Hindu | 1% |