For Lease · Office

270 OTTAWA STREET N, Hamilton (Crown Point)

270 OTTAWA STREET N, Hamilton (Crown Point), ON L8H3Z9

$35 per sq ft / yr

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Asset Class

Office

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

94%

About this property

Prime commercial leasing opportunity at 270 Ottawa Street North, Hamilton! Offering approximately 1,560 sq. ft. of versatile office space, ideally suited for medical or dental professionals, a spa or med spa, massage therapy, physiotherapy, wellness services, or other professional uses. The space features 7-8 private rooms with doors and 2 washrooms, offering an excellent layout for businesses requiring individual treatment rooms, consultation spaces, or private offices. The flexible floor plan allows tenants to configure and customize the rooms to suit their specific business needs. Located in a well-established commercial area, this property presents an excellent opportunity to establish or expand your practice or business. Offered at an attractive gross lease rate of $35.00 per sq. ft. annually, providing straightforward leasing costs. Bring your vision to life in a space designed to grow with your business! Whether you're launching a new practice, expanding your services, or relocating to a more functional space, this is an opportunity you won't want to miss. Permitted uses and proposed alterations are subject to applicable approvals. (id:66811)

Financial sandbox

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Estimate
Purchase price$35
Down payment30% · $11
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$-0

Cash-on-cash

-1.38%

DSCR

0.93

Going-in cap

5.13%

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

112,650

Households

47,713

Median income

$111,000

Median age

35

Daytime population

142,670

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for 270 OTTAWA STREET N, Hamilton (Crown Point).

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.