




1/6353-515 CONCESSION 11 ROAD E, Hamilton (Freelton), ON L8B0Z1
$9.5M total
—
Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
84%
Lot Size
526.98 ac
Rare opportunity to acquire 5 adjacent parcels of land in the desirable Rural Flamborough community of Hamilton. Located on the north side of Concession 11 East, just west of Milburough Town Line and minutes from the community of Freelton, this expansive offering provides incredible potential for investors, builders, or end users. The properties include existing single-family homes at 353, 385, and 515 Concession 11 East. 385 Concession 11 East also features a large equestrian facility complete with a training track and boarding stable with capacity for up to 120 horses. Ideally situated with convenient access to Highway 6, connecting to the QEW and Highway 401, making travel to Hamilton, Cambridge, and Guelph easy. A unique opportunity in a growing and well-connected rural area. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$44K
Projected NOI
$384K
Annual cash flow
$-142K
Cash-on-cash
-4.99%
DSCR
0.73
Going-in cap
4.05%
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.
Trade area within 3 miles of the property.
Population
51,741
Households
19,672
Median income
$120,500
Median age
35.8
Daytime population
51,444
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 353-515 CONCESSION 11 ROAD E, Hamilton (Freelton).
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.