1/36689 BARTON STREET E, Hamilton (Stipley)
689 BARTON STREET E, Hamilton (Stipley), ON L8L3A5
$739,000 total
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Asset Class
Retail
Size
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Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
92%
Lot Size
5250 ac
About this property
Fantastic opportunity! Commercial building with 2 Residential units and a very rare double garage. Large bright commercial space on main level with directional and pot lights. Also features an office, powder room and kitchenette. Full finished basement (1450sq.ft.) with pot lights, rough-ins for bathroom and future kitchen, lots of storage space. Convenient front and back access to the commercial units including double stairways to the basement. Also features an area behind gallery currently a pottery studio consists of an additional 450 sq.ft. Double garage (450 sq.ft.) with extra single parking space across back. The two upper residential units have separate entrances, one with 200 sqft back deck. New flat roof covering 2025, newer pre-owned tankless boiler and hot water heater. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$44K
Annual cash flow
$4K
Cash-on-cash
1.59%
DSCR
1.09
Going-in cap
6.02%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
49,755
Households
18,153
Median income
$86,500
Median age
44
Daytime population
72,092
5-yr growth
2.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 689 BARTON STREET E, Hamilton (Stipley).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.