1/141 - 429 DEWITT ROAD, Hamilton (Stoney Creek Industrial)
1 - 429 DEWITT ROAD, Hamilton (Stoney Creek Industrial), ON L8C4C3
$80,000 total
3,200 SF
Asset Class
Industrial
Size
3,200 SF
Building class
C
Zoning
IB — Industrial Business
$ / SF
$25
Occupancy
91%
Clear height
31 ft
Loading docks
13
About this property
*Assets Sale* Marble, Granite, Quartz and Porcelain Countertops, Fireplaces, Floors, Backsplash, Bathrooms, Kitchens Fabrication and Installation. 13 Years in Business. Selling and Supplying Premium First Quality Materials. Beautiful Showroom, Lots of samples, Kitchen and Island Displays, Inventory of around 50 slabs and Sinks included. Office, Washrooms, Reception, Tables, chairs, furnitures included. Business Name and Website are optional. Unit Size 3,200sf including Mezzanine. Rent of $3,500 per month taxes included. Lease Term until October 2027 Renewable for another 5 years. 3 Employees including Owner. Please check their website de-luxegranite.com (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$369
Projected NOI
$4K
Annual cash flow
$-312
Cash-on-cash
-1.30%
DSCR
0.93
Going-in cap
5.15%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 1,355 SF | 2031-05 |
| Cascade Foods Inc. | 724 SF | 2031-05 |
| Cascade Foods Inc. | 843 SF | 2031-04 |
Area demographics
Trade area within 3 miles of the property.
Population
97,607
Households
35,107
Median income
$82,500
Median age
39.5
Daytime population
126,828
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1 - 429 DEWITT ROAD, Hamilton (Stoney Creek Industrial).
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.