653 Barton St E, Hamilton, Ontario L8Z 3A3

Listed for:
$1,599,999
0 beds
0 baths
Listed 11 days ago
Multi-Family for rent: 653 Barton St E, Hamilton, Ontario L8Z 3A3

View all 18 photos

Learn more about this property
Listing provided by:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® number:
X8059014
Agent:
Ian Wilson
*Indicates required field
Name is required
Email is required

About

A unique opportunity for an experienced developer/builder to take advantage of this premium corner site position in Barton Village. A proposed 4 storey residential apartment consisting of approximately 33 units with a gross buildable area of approximately 30,000 sq ft on the existing site of 7000 sq ft. Situated within Barton Village, this rapidly developing area consists of strong rental demographics and area benefits, excellent transit options, stable ROI and expectation for future growth. The proposed design/application is highly efficient with a mixed use concept use for the ground level plus a walk up to 3 additional floors with 9 one bedroom apartments per floor using a single outdoor corridor design. Offering Memorandum available upon request. (id:27476)

Property Highlights

Type
Multi-Family
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
10
Ownership Type
Amenities nearby
Public Transit

Location

Summary

Conveniently situated in Barton Village, this property offers easy access to public transit, making it an attractive location for potential residents.

With a total of 10 parking spaces, this property presents a unique opportunity for an experienced developer or builder to capitalize on its prime corner site position.

The proposed development plan includes a 4-storey residential apartment building with approximately 33 units, boasting a gross buildable area of around 30,000 sq ft on the current 7000 sq ft site. Barton Village is a rapidly growing area with strong rental demographics, excellent transit options, and a stable ROI, making it an ideal location for future growth.

The innovative design features a mixed-use concept for the ground level, along with 9 one-bedroom apartments per floor on the three additional levels, all accessible via a single outdoor corridor. For more detailed information, an Offering Memorandum is available upon request. (id:27476).

This property, located at 653 BARTON ST E in Hamilton, Ontario, is currently for sale. With a land size of 54.5 x 135 FT, it offers ample space for the proposed development. In addition to its prime location, the property also benefits from its proximity to public transit.

Boasting a postal code of L8Z3A3, this property is situated in the community of Gibson and is classified as a Multi-Family property, making it an attractive investment opportunity in a rapidly developing area.