$1,250,000
For sale: Multiplex

Well-maintained five-unit multifamily property located in Hamilton's West Harbour. 55 Barton Street W features five two-bedroom units with updated kitchens, bathrooms, flooring and windows, separate hydro meters, coin-operated laundry and approximately 10 on-site parking spaces. Existing rents provide rental upside, while additional lower-level storage space and attic space with ceiling heights exceeding 10 feet offer further value-add potential, subject to municipal approvals. The property is within walking distance of James Street North, West Harbour GO, Pier 4 and Hamilton's waterfront, with significant redevelopment underway throughout the surrounding West Harbour area.
Sold data
Homes in Central took a median of 43 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 60, across 33 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.
The median sale price was $449,999.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Central) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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