For Lease · Office

660 FENNELL Avenue E Unit# 2, Hamilton

660 FENNELL Avenue E Unit# 2, Hamilton, ON L8V1V1

Price on request

1,153 SF

Asset Class

Office

Size

1,153 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

86%

About this property

An excellent opportunity to lease approximately 1,153 sqft of turnkey professional office space in a highly visible location on Fennell Avenue East. This ground-level, street-front unit offers a functional and versatile layout featuring four private offices, two semi-private workspaces, a spacious reception area, an enclosed boardroom, and a separate waiting area that could easily be enclosed to create a fifth private office. Ideal for lawyers, accountants, insurance professionals, mortgage brokers, or other professional service providers, this move-in-ready space offers an excellent combination of functionality, accessibility, and exposure. Take advantage of prominent signage opportunities, including window wrap signage and signage above the unit, providing outstanding visibility along busy Fennell Avenue East. One parking space is included in the rear lot, with ample street parking available for clients and visitors. All-inclusive monthly rent covers heat, hydro, water, and building maintenance, making budgeting simple and predictable. A fantastic opportunity to establish or relocate your business in a well-positioned, professional setting with excellent street exposure. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Summit Trades Supply468 SF2030-11
Summit Trades Supply523 SF2030-11

Area demographics

Trade area within 3 miles of the property.

Population

55,293

Households

24,376

Median income

$78,500

Median age

43.6

Daytime population

49,637

5-yr growth

1.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 660 FENNELL Avenue E Unit# 2, Hamilton.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.