2506-2520 HIGHWAY 56, Hamilton (Binbrook)
2506-2520 HIGHWAY 56, Hamilton (Binbrook), ON L0R1C0
$3.0M total
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Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
99%
Lot Size
1.3 ac
About this property
PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY IN BINBROOK! High-visibility location along Highway 56 in a growing community. Explore the potential for a commercial development, with conceptual plans illustrating possible uses such as a gas station, restaurant with drive-thru, convenience store, car wash and retail space. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$14K
Projected NOI
$172K
Annual cash flow
$7K
Cash-on-cash
0.77%
DSCR
1.04
Going-in cap
5.77%
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
41,128
Households
18,880
Median income
$115,500
Median age
45.9
Daytime population
68,696
5-yr growth
9.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2506-2520 HIGHWAY 56, Hamilton (Binbrook).
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.