For Sale · Land

LOT 2 SAVERYN Road, Hamilton

LOT 2 SAVERYN Road, Hamilton, ON L9B1N3

$599,900 total

—

Asset Class

Land

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

100%

About this property

Great Opportunity to Build your dream home in this highly desirable and exclusive neighborhood, you'll benefit from school catchments, parks, variety of shops, grocery stores, and dining hotspots with commuting and travel being a breeze. Don't miss this unique opportunity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$600K
Down payment30% · $180K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$31K

Annual cash flow

$-2K

Cash-on-cash

-1.14%

DSCR

0.94

Going-in cap

5.20%

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

133,406

Households

52,839

Median income

$69,500

Median age

38.9

Daytime population

177,199

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for LOT 2 SAVERYN Road, 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.