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55 BARTON Street W, Hamilton — listed at $1,250,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Well-maintained five-unit multifamily property located in Hamilton's West Harbour. 55 Barton Street W features five two-bedroom units with updated kitchens, bathrooms, flooring and windows, separate hydro meters, coin-operated laundry and approximately 10 on-site parking spaces. Existing rents provide rental upside, while additional lower-level storage space and attic space with ceiling heights exceeding 10 feet offer further value-add potential, subject to municipal approvals. The property is within walking distance of James Street North, West Harbour GO, Pier 4 and Hamilton's waterfront, with significant redevelopment underway throughout the surrounding West Harbour area. (id:60164)
How is the space laid out across floors?+
This is a 2-storey multi-family. The 10 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
Yes — Partially finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
This home was built in 1880 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
What makes this a luxury property?+
At $1,250,000, standout features include 4784 sq ft, 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $11,056.38. Always verify the latest figures with your agent before making an offer — these change yearly.
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