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Investment signal

$280,000

2782 BARTON Street E Unit# 1619

Save this home

Beds

1

Baths

1

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Discover contemporary condo living in this brand-new 1-bedroom suite at LJM Tower. Offers around 490 sq. ft. of thoughtfully designed interior space, complemented by a 75 sq. ft. private balcony. The layout is functional and features a stylish kitchen equipped with stainless steel appliances. Modern vinyl flooring throughout, In-suite laundry, and Smart Security System for added convenience. 1 Surface Parking Space and 1 Spacious Locker included. Residents enjoy access to premium building amenities including a fully equipped fitness center, party room, EV charging stations, and concierge service. Ideally situated just minutes from Lake Ontario, QEW, Red Hill Valley Parkway, Confederation GO Station, and a wide range of shopping, dining, schools, and parks. An excellent opportunity of home ownership for First Time Homebuyers and cash flow for Investors. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
273 - Riverdale
Common interest
Condo/Strata
Living area
490 square feet
Bedrooms
1 above grade, 0 below grade
Parking
1 total
Condo/HOA fee
$318.48 monthly
Stories
1
On market
Apr 24, 2026
Status changed
Apr 24, 2026
Zoning
E-3/S-306B
Photos
24
MLS#
40824113
Area
HAMILTON

Features and systems

Parking

Open

Basement

None

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowaveHood Fan

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Concrete

Construction

Concrete blockConcrete Walls

Lot

Southern exposureBalcony

Security

Smoke Detectors
Negative cash flow ~$363/mo at these assumptions

Cash on cash

-7.79%

Cap rate

3.31%

GRM

16.7

Break-even rent

$1,782

Financing

Down payment$56,000
Loan amount$224,000
Mortgage$1,135/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$128
Insurance$80
Maintenance$233
CapEx reserve$117
Vacancy loss$70

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,135/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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