For Lease · Multifamily

31 ST CLAIR AVENUE, Hamilton (Gibson)

31 ST CLAIR AVENUE, Hamilton (Gibson), ON L8M2N4

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

97%

About this property

Main Floor Unit for Lease - 31 St Clair Ave, Hamilton. Bright and charming 2-bedroom, 1-bath main floor unit in a beautifully restored1910 Edwardian home on coveted St. Clair Ave. This character-filled unit features classic period details throughout, offering a warm, historic feel you won't find in a typical rental. Enjoy your own backyard access, ideal for relaxing or entertaining outdoors. Pet friendly. Located on a quiet, tree-lined street just a short drive or bike ride from Gage Park, with easy access to Rooney's, Capitol Bar, the future LRT, and quick connections to the QEW and 403. Available for immediate occupancy. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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.

Area demographics

Trade area within 3 miles of the property.

Population

108,790

Households

44,092

Median income

$87,500

Median age

41.9

Daytime population

128,807

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 31 ST CLAIR AVENUE, Hamilton (Gibson).

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.