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Listed 7 days ago

556 Barton Street E

Stoney Creek, Hamilton

$960,000

Detached|Bungalow
3 | 2 | 4
About this home

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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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,435
Lot Size67 ft x 200 ft
mls© NumberX13666908
Listed ByKINGSWAY 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.

Down payment20% · $192,000
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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