362 BARTON Street E Unit# 360, Hamilton
For Sale · Office

362 BARTON Street E Unit# 360, Hamilton

362 BARTON Street E Unit# 360, Hamilton, ON L8L2X9

$1.0M total

3,823 SF

Asset Class

Office

Size

3,823 SF

Building class

C

Zoning

DC1 — Direct Control

$ / SF

$275

Occupancy

90%

About this property

Here is an excellent investment opportunity regarding a fully stabilized, mixed-use corner property located at 360-362 Barton Street East in Hamilton. Situated along the rapidly transforming Barton Street corridor, this property benefits from significant residential intensification, new commercial investment, and ongoing public realm improvements. As a key east-west arterial connecting downtown Hamilton to the eastern neighborhoods, Barton Street offers excellent transit access, high daily vehicular traffic, and close proximity to the International Village and James Street North. The building comprises 3,823 sq. ft. of space, featuring a 1,234 sq. ft. ground-floor retail unit with prominent corner exposure, along with three residential units above (717 sq. ft., 842 sq. ft., and 1,030 sq. ft.). Currently fully leased with ample on-site parking, this property provides stable cash flow and represents a compelling opportunity in one of Hamilton’s most dynamic urban areas. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.05M
Down payment30% · $315K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$59K

Annual cash flow

$1K

Cash-on-cash

0.33%

DSCR

1.02

Going-in cap

5.64%

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
Prairie Coffee Roasters1,185 SF2031-11
Prairie Coffee Roasters782 SF2031-11
Prairie Coffee Roasters515 SF2031-12
Prairie Coffee Roasters974 SF2031-11

Area demographics

Trade area within 3 miles of the property.

Population

53,118

Households

20,996

Median income

$137,000

Median age

36.9

Daytime population

69,816

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 362 BARTON Street E Unit# 360, 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.