For Sale · Office

MAIN LEVEL - 191 JAMES STREET S, Hamilton (Corktown)

MAIN LEVEL - 191 JAMES STREET S, Hamilton (Corktown), ON L8P3A8

Price on request

1,498 SF

Asset Class

Office

Size

1,498 SF

Building class

B

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

92%

About this property

LOCATION LOCATION LOCATION! Right in the heart of historic downtown Hamilton, including the St. Joseph's medical/healthcare hub, main local and commuter transit hub, and steps to Augusta St. More than 1340 square feet of highly functional, prime commercial floor area. (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
Cascade Foods Inc.1,374 SF2030-04

Area demographics

Trade area within 3 miles of the property.

Population

81,967

Households

38,460

Median income

$124,000

Median age

35.1

Daytime population

108,103

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for MAIN LEVEL - 191 JAMES STREET S, Hamilton (Corktown).

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.