1/971 BIGGAR Avenue, Hamilton
71 BIGGAR Avenue, Hamilton, ON L8L3Z3
$1.5M total
4,500 SF
Asset Class
Industrial
Size
4,500 SF
Building class
C
Zoning
IM — Medium Industrial
$ / SF
$333
Occupancy
88%
Lot Size
0.249 ac
Clear height
24 ft
Loading docks
9
About this property
Rare opportunity to purchase a 4,500 sq ft freestanding industrial building situated on 0.249 acres. Functional facility featuring 15% office, 12' clear height, 3 drive-in doors and 100 amp power. Flexible M5 zoning permits a wide variety of uses and outdoor storage. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$62K
Annual cash flow
$-21K
Cash-on-cash
-4.63%
DSCR
0.75
Going-in cap
4.15%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Summit Trades Supply | 2,019 SF | 2030-11 |
| Summit Trades Supply | 984 SF | 2030-11 |
| Summit Trades Supply | 487 SF | 2030-11 |
| Summit Trades Supply | 460 SF | 2030-11 |
Area demographics
Trade area within 3 miles of the property.
Population
93,565
Households
34,774
Median income
$97,500
Median age
42.2
Daytime population
85,732
5-yr growth
3.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 71 BIGGAR Avenue, Hamilton.
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.