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$2,349,500 Sale
Listed 8 hours ago
1052 - 1054 Barton Street E
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Listing History
Buy/Sell/Terminated/Expired listing history for 1052 - 1054 Barton Street E
Key Facts
Key facts for 1052 - 1054 Barton Street E
Property Type
Commercial
Parking
None
MLS #
X14173770
Size
-
Basement
-
Listed on
2026-11-09
Lot size
37 x 100.2
Tax
$20,581 /yr
Days on Market
3
Approximate Age
-
Maintenance Fee
-
Description
Turnkey mixed-use investment opportunity featuring 9 units, including 8 residential suites (2 x 1-bedroom, 6 x 2-bedroom) and 1 approximately 1,000 SF ground-floor commercial unit, ideally situated along the high-exposure Barton Street East corridor. Completed under CMHC's MLI Select Energy Program,... the Property has undergone an extensive renovation and capital improvement program, including a new roof, updated plumbing, electrical, windows, in-suite heat pumps, a high-efficiency tankless boiler, and a restored exterior façade. As part of the energy retrofit, six of the eight residential units were completely gutted to the studs, reframed, reinsulated, drywalled, and fully renovated, representing a substantial investment. One of the remaining unrenovated units will become vacant in July, while the commercial space is currently vacant. Offered at an attractive 5.5% cap rate at the asking price. Purchaser must assume the existing first mortgage of approximately $1.87M at a 4.45% fixed interest rate with a 40-year amortization, providing highly attractive in-place financing. An exceptional opportunity to acquire a substantially upgraded, low-maintenance investment asset with stable cash flow and favourable long-term financing.
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Courtesy of: EXP REALTY