340 Barton Street, Hamilton

$369,900
340 Barton Street

$369,900

Price Change
22d
DetachedBungalow

340 Barton Street, Hamilton

Total Monthly Obligation $2,119

Beds
2
Baths
1
Park
3
Sqft
< 700
DOM
22d
Score
22
Yield
6.0%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Detached
MLS® Number-X13852806
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-40.02 × 100.2 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,025.81 (2026)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Stoney Creek
Title-Residential Freehold

No agent assigned

A property with history, character and an opportunity to create something new. Set on a 40x100ft lot in an established Stoney Creek neighbourhood, this long-time family home is ready to begin its next chapter and presents an exciting opportunity for builders, contractors, renovators and those looking to bring their own vision to life. The existing home now requires significant updating, making this a property best suited to buyers who can see beyond what is here today and recognize the potential of the land, location and surrounding community. Whether your plans include an extensive renovation, reimagining the existing home or exploring the possibilities of a custom new build, this is an opportunity to start with a property offering plenty of room for creativity. The spacious lot provides an attractive canvas for those looking to design a home tailored to today's lifestyle, while the mature surroundings and established streetscape add something that is increasingly difficult to replicate in newer developments. Conveniently located in Stoney Creek with easy access to everyday amenities, schools, parks, shopping and major transportation routes, the location adds another layer of long-term appeal. For the right buyer, this property isn't about what it is today-it's about what it could become tomorrow. Bring your contractor, your plans and your imagination and explore the possibilities of creating the next chapter on this established Stoney Creek property. Property being sold in its current condition.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$295,920
Land Transfer Taxes$4,024
Legal Fees (Est.)
$
Total cash required for closing$79,504

Total Monthly Obligation

$2,119/mo
Mortgage $1,492
Monthly Loss $1,727
Principal$393
Interest$1,099
Property Tax$252
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.4%38
10-Year IRR
11.0%
Returns Index
20.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$22,272/yr
NOI
$12,519/yr
Net Cash Flow
-$449/mo
Cash Margin
-24.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
35.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 340 Barton Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.