For Lease · Retail

108 - 170 ROCKHAVEN LANE, Hamilton (Waterdown)

108 - 170 ROCKHAVEN LANE, Hamilton (Waterdown), ON L8B1B5

$21 per sq ft / yr

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

93%

About this property

Prime Commercial Opportunity in Growing Waterdown - Approx. 1,995 Sq. Ft.! An excellent opportunity to lease this versatile approximately 1,995 sq. ft. main-floor commercial condominium in an established professional complex in Waterdown. Offering flexible C5 zoning, this space presents potential for a wide range of business uses, including professional offices, medical or dental-related practices, wellness and personal services, retail, and other permitted commercial uses.The interior features a spacious open-concept layout, high ceilings and large windows that allow plenty of natural light. The flexible floor plan includes multiple separate rooms, making it suitable for a variety of business configurations, including reception and waiting areas, private offices, consultation rooms, treatment spaces or retail displays. An added feature is the upgraded HVAC system with increased cooling capacity, offering additional comfort and flexibility for businesses with higher cooling demands.The property includes one assigned parking space, along with ample on-site visitor parking for clients and customers. Conveniently located minutes from Highway 403, the QEW and the heart of Waterdown, with an established residential community and everyday amenities nearby.An excellent opportunity to establish or expand your business in one of Hamilton's desirable and growing commercial areas. Prospective tenants are responsible for verifying that their intended use, occupancy requirements and any necessary permits or approvals comply with City of Hamilton regulations. (id:66811)

Financial sandbox

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Estimate
Purchase price$21
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.71%

DSCR

0.80

Going-in cap

4.43%

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

100,349

Households

43,888

Median income

$99,000

Median age

34.2

Daytime population

170,054

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 108 - 170 ROCKHAVEN LANE, Hamilton (Waterdown).

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.