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Stoney Creek, Hamilton
$960,000
Exceptional opportunity at 556 Barton Street, Hamilton! This versatile property is ideal for homeowners, investors, and entrepreneurs alike. Featuring a functional main residence with a self-contained basement apartment, it offers excellent income potential, multi-generational living, or the option to offset your mortgage with rental income. Situated on a prominent Barton Street corridor, the property also presents exciting future potential for commercial rezoning (subject to municipal approvals), making it an attractive long-term investment. Conveniently located close to downtown Hamilton, public transit, schools, parks, shopping, restaurants, and major highway access. Whether you're looking for a smart investment, a live-and-rent opportunity, or a property with future development potential, 556 Barton Street is one you won't want to miss.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,435 |
| Lot Size | 67 ft x 200 ft |
| mls© Number | X13666908 |
| Listed By | KINGSWAY REAL ESTATE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,914
- Property tax
- $370
- Heat allowance
- $150
- Housing costs
- $5,433 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$167,000
gross annual household income
- Payment at 4%
- $4,040 / mo
- Cash down
- $192,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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