653 Barton Street, Hamilton, ON L8Z 3A3 – Hamilton – $1,499,000

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Description

Presenting a rare and exceptional opportunity for a savvy developer or builder to capitalize on a premium corner site in the heart of the rapidly evolving Barton Village. This proposed development features a 4-storey residential apartment building, with plans for approximately 33 units and a gross buildable area of around 30,000 sq. ft., situated on an existing 7,000 sq. ft. lot. The site benefits from strong rental demand, excellent transit access, and a promising outlook for future growth in this vibrant, high-potential neighborhood. The proposed mixed-use design includes a ground-level commercial space, with three additional floors offering 9 one-bedroom units per floor, featuring an efficient walk-up design with a shared outdoor corridor. This project promises stable returns, a dynamic location, and long-term growth potential.

Property Details

• Property Type: Commercial
• List Price: $1,499,000
• Tax Year: 2024
• Annual Taxes: $11,293