1/519 - 1146 WILSON STREET W, Hamilton (Ancaster)
19 - 1146 WILSON STREET W, Hamilton (Ancaster), ON L9G3K9
$359,000 total
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Asset Class
Retail
Size
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Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
99%
About this property
Excellent Opportunity To Acquire A Well-Established Franchise Restaurant In A Prime Ancaster Location! Beautifully Renovated 3,312 Sq. Ft. Restaurant Featuring 125 Indoor Seats, 60 Patio Seats And A Liquor Licence. Strong And Loyal Local Customer Base With Annual Sales Of Approximately $870,000. Monthly Gross Rent Of $10,488 Including TMI And HST. Lease Runs Until September 2033 With Three Additional 5-Year Renewal Options. Currently Operated With 4 Full-Time And 8 Part-Time Employees. Owner Works Approximately 4-5 Hours Per Day. Established Operations, Upscale Interior, Experienced Staff And Long-Term Lease Make This An Excellent Opportunity For An Experienced Restaurant Operator. Seller Is Focusing On Other Larger Business Interests. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$24K
Annual cash flow
$5K
Cash-on-cash
4.23%
DSCR
1.23
Going-in cap
6.81%
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
97,575
Households
38,515
Median income
$137,500
Median age
41.6
Daytime population
153,837
5-yr growth
2.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 19 - 1146 WILSON STREET W, Hamilton (Ancaster).
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.