1119 FENNELL AVENUE E, Hamilton (Sherwood)
For Sale · Office

1119 FENNELL AVENUE E, Hamilton (Sherwood)

1119 FENNELL AVENUE E, Hamilton (Sherwood), ON L8T1S2

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

84%

Lot Size

850 ac

About this property

2nd floor walk up office space. To be demised. Clean unit with open area and shared reception. Gross rate includes utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

47,879

Households

21,929

Median income

$120,500

Median age

36

Daytime population

47,624

5-yr growth

9.4%

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

Secure deal room

Confidential diligence documents for 1119 FENNELL AVENUE E, Hamilton (Sherwood).

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.