214 WENTWORTH STREET S, Hamilton (Stinson)214 WENTWORTH STREET S, Hamilton (Stinson) — photo 2214 WENTWORTH STREET S, Hamilton (Stinson) — photo 3214 WENTWORTH STREET S, Hamilton (Stinson) — photo 4214 WENTWORTH STREET S, Hamilton (Stinson) — photo 5214 WENTWORTH STREET S, Hamilton (Stinson) — photo 6214 WENTWORTH STREET S, Hamilton (Stinson) — photo 7214 WENTWORTH STREET S, Hamilton (Stinson) — photo 8214 WENTWORTH STREET S, Hamilton (Stinson) — photo 9214 WENTWORTH STREET S, Hamilton (Stinson) — photo 10214 WENTWORTH STREET S, Hamilton (Stinson) — photo 11214 WENTWORTH STREET S, Hamilton (Stinson) — photo 12214 WENTWORTH STREET S, Hamilton (Stinson) — photo 13214 WENTWORTH STREET S, Hamilton (Stinson) — photo 14214 WENTWORTH STREET S, Hamilton (Stinson) — photo 15214 WENTWORTH STREET S, Hamilton (Stinson) — photo 16214 WENTWORTH STREET S, Hamilton (Stinson) — photo 17214 WENTWORTH STREET S, Hamilton (Stinson) — photo 18214 WENTWORTH STREET S, Hamilton (Stinson) — photo 19214 WENTWORTH STREET S, Hamilton (Stinson) — photo 20214 WENTWORTH STREET S, Hamilton (Stinson) — photo 21214 WENTWORTH STREET S, Hamilton (Stinson) — photo 22214 WENTWORTH STREET S, Hamilton (Stinson) — photo 23214 WENTWORTH STREET S, Hamilton (Stinson) — photo 24214 WENTWORTH STREET S, Hamilton (Stinson) — photo 25214 WENTWORTH STREET S, Hamilton (Stinson) — photo 26214 WENTWORTH STREET S, Hamilton (Stinson) — photo 27
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Business For Sale · Multifamily

214 WENTWORTH STREET S, Hamilton (Stinson)

214 WENTWORTH STREET S, Hamilton (Stinson), ON L8N2Z4

$2.6M total

6,113.9 SF

Asset Class

Multifamily

Size

6,113.9 SF

Building class

A

Zoning

RF6 — Medium Density

$ / SF

$429

Occupancy

89%

Lot Size

6113.9 ac

About this property

An outstanding opportunity to own a well-maintained 13-unit apartment building in Hamilton. Featuring 12 one-bedroom units and 1 bachelor unit, this property offers strong income potential with individual hydro metering, coin-operated laundry, and a mix of parking options including a garage and ample surface parking. Every unit enjoys its own private balcony, while approximately half of the units have been recently renovated, offering excellent upside and tenant appeal. Conveniently located close to downtown, public transit, parks, shopping, schools, and major highway access, this is a turnkey addition to any growing real estate portfolio. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.63M
Down payment30% · $788K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$85K

Annual cash flow

$-61K

Cash-on-cash

-7.72%

DSCR

0.58

Going-in cap

3.22%

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
Lakeview Physiotherapy3,775 SF2032-02
Lakeview Physiotherapy1,162 SF2032-02
Lakeview Physiotherapy400 SF2032-02
Lakeview Physiotherapy400 SF2032-02

Area demographics

Trade area within 3 miles of the property.

Population

88,695

Households

42,006

Median income

$95,000

Median age

33.2

Daytime population

97,509

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 214 WENTWORTH STREET S, Hamilton (Stinson).

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.