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770 Barton St Hostel 770 Barton St E 15 Room Hostel Hamilton, ON L8L 3B1 $1,299,999 CAD ($86,667 CAD/Room) 5.20% Cap Rate
EXECUTIVE SUMMARY
Incredible Investment Opportunity in this recently renovated income property currently used as a 15 Room Fully Occupied rental. 3 Kitchens, 3 Bathrooms, 3 Laundry Facilities. Incredible Cap Rate & Flexible Close. Zoned C2. Mixed use for both Commercial & Residential so can be converted easily back into a full store front. Easily able to have variance done for C5 as it is surrounded by C5 properties. Confirmed can built UP & OUT. Set up to quickly switch to large triplex if desired with no renovations needed. Presently fully occupied with rents paid in full. Property well maintained and large parking areas on side of building & in rear. Recent renovations include: New Furnace last month, new ceramic tiling, new drywall, new kitchen, new washroom, new flooring, Basement renovated ! Quick close available. (2 A/C Units on Central Air & Furnace Owned)
PROPERTY FACTS
| Price | $1,299,999 CAD | Lot Size | 0.13 AC |
| Price Per Room | $86,667 CAD | Building Size | 2,720 SF |
| Sale Type | Investment | No. Rooms | 15 |
| Cap Rate | 5.20% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1924/2025 |
| Property Subtype | Hostel | Parking Ratio | 3.68/1,000 SF |
| Building Class | C | Corridor | Interior |
| Zoning | C2 | ||
| Price | $1,299,999 CAD |
| Price Per Room | $86,667 CAD |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| Property Type | Hospitality |
| Property Subtype | Hostel |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,720 SF |
| No. Rooms | 15 |
| No. Stories | 2 |
| Year Built/Renovated | 1924/2025 |
| Parking Ratio | 3.68/1,000 SF |
| Corridor | Interior |
| Zoning | C2 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 15 | $82.00 CAD | - |
1 1
Walk Score®
Walker's Paradise (93)
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770 Barton St Hostel | 770 Barton St E
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