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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 Hamiltons 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.
Barton St. E. and Paling Ave
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Hamilton, ON area.
79/100
Very Walkable
Walk Score ®
51/100
Good Transit
Transit Score ®
57/100
Bikable
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
5 nearby routes: 5 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 52/100, Transit Score: 47/100, Bike Score: 47/100.
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16 BIRMINGHAM Street
Source: Realty.com
1539 1547 Barton Street E, Hamilton ON L8H 2X7, Hamilton, ON L8H 2X7 in Hamilton, ON L8H 2X7 is a multi family listed at $2,988,000. Highlights include 1 bedroom, 25,860 sq. ft., $116 per sq. ft.. Realty.ca has 26 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 26 photos of 1539 1547 Barton Street E, Hamilton ON L8H 2X7.
The full address for this home is 1539 1547 Barton Street E, Hamilton ON L8H 2X7, Hamilton, ON L8H 2X7.
1539 1547 Barton Street E, Hamilton ON L8H 2X7 has been listed on Realty.com since Tue October 20, 2026
Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 52/100, Transit Score: 47/100, Bike Score: 47/100.
Listing provided courtesy of:
Corcoran Horizon Realty
(tel: 647-873-3999)
Listing agent:
Martinus Dominicus Geleynse
(tel: 905-537-4819)
This content last refreshed on 2026-11-05 08:02:25. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.