1/4145 RANDALL AVENUE, Hamilton (Stoney Creek)
45 RANDALL AVENUE, Hamilton (Stoney Creek), ON L8G2K8
$14 per sq ft / yr
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Asset Class
Office
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
90%
Lot Size
4.57 ac
About this property
A perfect location for a an Education user situated on 4.57 acres, the grounds provide generous parking, safe outdoor play areas, with adjacent forested public trails, open parkland and a local watercourse. Within very close walking distance to City operated outdoor pool and sports fields. This is a rare opportunity to lease a freestanding 38,000 sq. ft building that is a well-maintained fully functional former elementary school. The layout is turn-key for an education-based operator with a dedicated library, classrooms and a full gymnasium with washrooms located throughout. The property is zoned I1, which supports Elementary Education Establishments and related uses such as a daycare and places or worship. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
2.96%
DSCR
1.16
Going-in cap
6.43%
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
51,062
Households
20,288
Median income
$116,500
Median age
33.7
Daytime population
63,491
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 45 RANDALL AVENUE, Hamilton (Stoney Creek).
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.