363 Barton Street E

Introducing a remarkable opportunity with a Multi-Family Home for sale in Hamilton , located at 363 Barton Street E, Hamilton. This impressive property is situated in the vibrant community of Landsdale, right in the heart of Hamilton's Barton Village. With its prime location, this multiplex building offers an array of features that make it a compelling investment for both seasoned investors and those venturing into real estate for the first time.

The property boasts a three-storey brick exterior, providing both durability and aesthetic appeal. With a total of 15 rooms, including four spacious bedrooms and a den, this Multi-Family Home for sale in Hamilton is designed to accommodate a variety of living arrangements. The layout includes three well-appointed kitchens, ensuring that each unit has the necessary facilities for comfortable living. Additionally, there are four bathrooms, which is a significant advantage for a property of this size, catering to the needs of multiple tenants.

As you explore 363 Barton Street E, Hamilton, you will notice that the property is unfurnished, allowing new owners to personalise the space according to their preferences. The finished basement, which features an apartment, adds another layer of potential for income generation. With a heat type of forced air and municipal water and sewer services, the property is equipped to provide a comfortable living environment for its occupants.

One of the standout features of this Multi-Family Home for sale in Hamilton is its potential for positive cash flow. The main floor currently houses a retail storefront that is leased to a commercial tenant, providing immediate income. This retail space is zoned for multiple uses, making it an attractive feature for investors looking to diversify their income streams. The strong fundamentals of this property, combined with its strategic location, make it an ideal addition to any investment portfolio.

Parking is another significant advantage of this property. With three designated parking spaces available, tenants and customers alike will appreciate the convenience of having off-street parking. The property is also situated on a deep lot measuring 23 x 118 feet, providing ample outdoor space, although it is important to note that there is no pool or garage space available.

The location of 363 Barton Street E, Hamilton, is further enhanced by its accessibility to public transport. With public transit at the doorstep and the West Harbour GO Station just a short stroll away, residents will find commuting to be a breeze. Furthermore, the quick access to Highway 403 opens up additional opportunities for travel and connectivity, making this Multi-Family Home for sale in Hamilton a strategic choice for those who value convenience.

In summary, this property at 363 Barton Street E, Hamilton, presents a unique opportunity for investors and homebuyers alike. The combination of a retail space generating immediate income, three rental units, and a finished basement apartment creates multiple streams of revenue. With its prime location in the Landsdale community, this Multi-Family Home for sale in Hamilton is not only a solid investment but also a versatile living space that can adapt to various needs.

Whether you are looking to expand your real estate portfolio or seeking a promising first investment, this property is a turnkey opportunity with room to grow. Don’t miss out on the chance to own a piece of Hamilton’s vibrant real estate market at 363 Barton Street E, Hamilton. This Multi-Family Home for sale in Hamilton is a rare find, offering both financial potential and a desirable location.

Landsdale, nestled within the vibrant city of Hamilton, offers a charming blend of suburban tranquillity and urban convenience. This picturesque neighbourhood is characterised by its tree-lined streets, well-maintained parks, and a variety of housing options that cater to families, professionals, and retirees alike. Residents enjoy easy access to local amenities, including shops, schools, and recreational facilities, while the proximity to Hamilton’s bustling downtown ensures that the cultural and social offerings of the city are just a short drive away. With its welcoming atmosphere and strong sense of place, Landsdale is an ideal setting for those seeking a balanced lifestyle in a thriving community.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Cathy Wever Elementary School, just 0.5 km away, offering grades JK to 8 with a school rating of 2.8. For secondary education, Bernie Custis Secondary School is 2.0 km from the property, catering to grades 9 to 12 but with a lower rating of 1.9. Bennetto Elementary School, located 1.2 km away, provides French language instruction for grades 1 to 4 and has a better rating of 3. Other nearby elementary schools include A.M. Cunningham and Norwood Park, with the latter rated significantly higher at 6.5, although it is 4.0 km away. For secondary education, Westdale Secondary School is 4.1 km from the property, boasting a rating of 6. Cathedral CSS, a Catholic secondary school, is just 0.7 km away and has a rating of 3.1. Overall, the area offers a mix of public and Catholic schools, with varying ratings and language options, ensuring that families have access to quality education close to home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 455 residents as of 2021. The average household size is 2.7, and the average age of residents is 37.4 years, indicating a relatively young population. The average household income stands at $90,000, with 14% of the population classified as low-income. The housing market shows an average property price of $510,000, and 34.38% of households are renters, while there are no condominiums in the area. A significant portion of the population, 51.35%, is single, and 36% of households have children, reflecting a family-friendly environment. The community is also characterized by a notable immigrant presence, comprising 26.37% of the population. Educational attainment is relatively high, with 41.89% of residents holding a college or university degree. However, 35.14% of the population is not in the labor force, which may impact local economic dynamics. Overall, this area presents a blend of youthful energy, educational achievement, and a mix of family structures, making it an intriguing option for potential homeowners and investors.