289 KENILWORTH Avenue N Unit# Main, Hamilton289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 2289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 3289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 4289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 5289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 6289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 7289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 8289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 9289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 10289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 11289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 12289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 13289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 14289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 15289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 16289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 17289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 18289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 19289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 20289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 21289 KENILWORTH Avenue N Unit# Main, Hamilton — photo 22
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For Lease · Retail

289 KENILWORTH Avenue N Unit# Main, Hamilton

289 KENILWORTH Avenue N Unit# Main, Hamilton, ON L8H4S8

Price on request

970 SF

Asset Class

Retail

Size

970 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

98%

About this property

Positioned at the high-traffic intersection of Barton Street East and Kenilworth Avenue North, 289 Kenilworth offers a highly visible commercial address in one of East Hamilton’s retail corridors. Directly across from Centre on Barton and its national retail tenants, the property benefits from strong daily exposure and connectivity. With direct routes linking Downtown Hamilton, Stoney Creek, the Hamilton Mountain and the Industrial Sector, this is a location designed for businesses that value accessibility and visibility. The interior offers a flexible canvas for a range of retail, service, food or commercial uses. Ample metered street parking is conveniently located across the street. Lease rate includes TMI. Tenant to pay HST and separately metered utilities. Note: the walls shown in the listing photos have been virtually painted for marketing purposes. Paint/marks from the previous tenant remain on the walls. Photos are intended to illustrate the potential layout and use of the space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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 Physiotherapy952 SF2034-08

Area demographics

Trade area within 3 miles of the property.

Population

93,026

Households

35,927

Median income

$121,500

Median age

38.6

Daytime population

102,210

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 289 KENILWORTH Avenue N Unit# Main, Hamilton.

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.