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INCOME POTENTIAL WITH HIGH TRAFFIC VISIBILITY! This mixed-use building presents a superb investment opportunity in a high-demand location, just steps away from Tim Hortons Field and close to a McDonald's, drawing significant foot traffic. While the ground floor's 2,345 sqft commercial space is currently vacant and previously generated $4,000 monthly, it holds great promise for attracting a high-revenue tenant. The residential unit above spans 1,108 SQFT and is consistently leased for $2,000 monthly, contributing steady income. Ideal for investors looking to separate and maximize leasing options, this property is situated in a C2 Zoned - Neighbourhood Commercial area, allowing for a wide range of uses including retail, offices, and restaurants. Perfect for capitalizing on both everyday customers and game day crowds. Complete with three parking spaces and easy access to public transit, this property is primed for both commercial and residential tenants seeking convenience and exposure.
City: Hamilton
Neighborhood: Stipley
Purchase Price | $777000 |
Down Payment | $155400 |
Mortgage Insurance | $0 |
Total Mortgage | $621600 |
Mortgage Payment | $3830 |
Property Taxes | $609 |
Maintenance Fees | $0 |
Monthly Payment | $4439 |
Located at 745 Barton St E , this Hamilton house is available for sale. This property was listed for $777,000 on Tue Nov 05 2024. This house's size is 30.00 x 120.00 Feet. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Other, Office, Br, 2nd Br, 3rd Br, 4th Br, Kitchen, Bathroom, Other, Furnace. This property comes with 3 parking spots. 745 Barton St E, Hamilton is situated in the Stipley neighbourhood.
MLS#: X8335136 · $777,000 · 4 bedroom house in Stipley, Hamilton