OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten)OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 2OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 3OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 4OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 5OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 6OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 7OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 8OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 9OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 10OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 11OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 12OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 13OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 14OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 15OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 16OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 17
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Business For Sale · Office

OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten)

OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten), ON L8H5X2

Price on request

150 SF

Asset Class

Office

Size

150 SF

Building class

C

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

92%

About this property

Welcome clients to this front office at 156 Parkdale Avenue N, featuring a window facing Parkdale Avenue. Enjoy a professional workspace with access to a shared kitchen, washrooms, and a boardroom available by advance booking. Rent includes hydro, water, gas, and high-speed internet. Located in a safe area with street parking nearby. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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
Meridian Health Group400 SF2029-11
Meridian Health Group400 SF2029-11
Meridian Health Group400 SF2029-11
Meridian Health Group400 SF2029-11

Area demographics

Trade area within 3 miles of the property.

Population

101,154

Households

35,067

Median income

$64,500

Median age

40.1

Daytime population

167,009

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for OFFICE #2 - 156 PARKDALE AVENUE N, Hamilton (McQuesten).

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.