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5
BEDROOMS3
BATHROOMS3
KITCHENS9 + 3
ROOMSX6622862
MLSIDContact Us
Property Description
An amazing income generating Property. Vendor take back available.
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Nearby Intersections
Property Features
Available
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Property Details
Address
29 Depew Street
Community
City
Postal Code
L8L 7H7
Property Type
Multiplex, Multiplex
Lot Size
25' x 117'
Taxes
$2,127 (2023
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Pool
Above Ground
Parking Spaces
1
Garage Type
None
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Listing contracted with International Realty Firm, Inc.
18 Barton Street East - A prime investment in the heart of Hamilton. This unique mixed-use property offers four self-contained residential apartments plus a versatile main-floor commercial unit, providing strong income potential with room to grow. The four apartments, each with a kitchen and three-piece bath, are occupied by long-term tenants paying below-market rents-an excellent opportunity for future value appreciation. The main-floor commercial space offers approximately 900 sq.ft of bright, open space, while the freshly renovated basement adds potential for additional revenue. Originally built circa 1890, the property underwent a comprehensive renovation in 2018, including updated apartments and the removal of knob-and-tube wiring. Features include two 100-amp hydro services and a forced-air gas furnace (assumable contract). Ideally located just off James Street North, this property is steps from the vibrant Art Crawl, trendy shops, and the West Harbour redevelopment, making it a highly desirable asset for investors or entrepreneurs. Vendors Take-Back (VTB) financing is available, offering added flexibility for buyers. Don't miss this opportunity to own a well-maintained income-generating property in one of Hamilton's most exciting neighbourhoods!
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