1/11363 GRAYS ROAD, Hamilton (Grayside)
363 GRAYS ROAD, Hamilton (Grayside), ON L8E2Z1
Price on request
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Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
85%
Lot Size
3000 ac
Clear height
25 ft
Loading docks
14
About this property
Automotive uses permited! This functional industrial space offers significant versatility with permitted uses including automotive repairs and a variety of other commercial applications. Located on a high-exposure corner bordering East Hamilton and Stoney Creek just next to The Express. Set up with about 20% front showroom/reception and 80% shop/warehouse. The office space is airconditioned with ample on-site parking. The warehouse space features three overhead doors (one oversized at 14' h x 12' w and 2 x 12' x 10'), radian heating and a floor drain. There is a bonus mezzanine space adding an additional 250sf at no additional charge. Its strategic location provides easy access to the QEW, the Red Hill Expressway, and other major road arteries. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.97%
DSCR
0.84
Going-in cap
4.65%
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
67,712
Households
31,584
Median income
$132,500
Median age
34.2
Daytime population
67,819
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 363 GRAYS ROAD, Hamilton (Grayside).
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.