1/261 - 24 LOCKE STREET S, Hamilton (Strathcona)
1 - 24 LOCKE STREET S, Hamilton (Strathcona), ON L8P3Z8
Price on request
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
94%
About this property
*ALL INCLUSIVE* Welcome to this bright and spacious One bedroom main level unit in a well kept red brick century home. The unit features a kitchen with stainless steel appliances, quartz countertops and a custom backsplash, a bathroom with a glass shower, and in-suite laundry. Rent is all-inclusive including internet and also includes parking. With a Walk Score of 97/100, the location is close to restaurants, cafés, shops, parks and the Hamilton Farmers' Market, with access to public transit, the GO station, McMaster University and Highway 403. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
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
120,602
Households
54,964
Median income
$93,000
Median age
41.4
Daytime population
170,087
5-yr growth
4.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1 - 24 LOCKE STREET S, Hamilton (Strathcona).
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.