This mixed-use property in the heart of Landsdale offers an exceptional 8.75% cap rate and a strong, reliable income stream from four residential units and a street-level commercial space currently occupied by a successful, well-established café. Located just steps from Hamilton General Hospital, the building benefits from steady foot traffic, high visibility, and consistent demand in a rapidly improving urban corridor. The residential units provide stable, year-round occupancy, while the thriving café adds long-term security and diversification to the income profile. Together, they create a balanced investment that performs well in any market. With transit, amenities, and neighbourhood services all within walking distance, this turnkey asset is ideally positioned for investors seeking dependable cash flow in a high-growth area. (id:4069)
Address
301-303 BARTON Street E
List Price
$1,450,000
Property Type
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Floor Area
4,524 Sq. Ft.
Lot Size
0.05 Sq. Ft.
Year Built
1900
MLS® Number
40824703
Listing Brokerage
RE/MAX Escarpment Golfi Realty Inc.
Basement Area
Full
Postal Code
L8L2X4
Zoning
D2
Site Influences
Hospital, Public Transit
Features
Southern exposure, Visual exposure
