1044 CANNON Street E Unit# C, Hamilton1044 CANNON Street E Unit# C, Hamilton — photo 21044 CANNON Street E Unit# C, Hamilton — photo 31044 CANNON Street E Unit# C, Hamilton — photo 41044 CANNON Street E Unit# C, Hamilton — photo 51044 CANNON Street E Unit# C, Hamilton — photo 61044 CANNON Street E Unit# C, Hamilton — photo 71044 CANNON Street E Unit# C, Hamilton — photo 81044 CANNON Street E Unit# C, Hamilton — photo 91044 CANNON Street E Unit# C, Hamilton — photo 101044 CANNON Street E Unit# C, Hamilton — photo 111044 CANNON Street E Unit# C, Hamilton — photo 121044 CANNON Street E Unit# C, Hamilton — photo 131044 CANNON Street E Unit# C, Hamilton — photo 141044 CANNON Street E Unit# C, Hamilton — photo 151044 CANNON Street E Unit# C, Hamilton — photo 161044 CANNON Street E Unit# C, Hamilton — photo 171044 CANNON Street E Unit# C, Hamilton — photo 181044 CANNON Street E Unit# C, Hamilton — photo 191044 CANNON Street E Unit# C, Hamilton — photo 20
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For Sale · Specialty

1044 CANNON Street E Unit# C, Hamilton

1044 CANNON Street E Unit# C, Hamilton, ON L8L2H7

Price on request

3,800 SF

Asset Class

Specialty

Size

3,800 SF

Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

93%

About this property

Ideally situated close to downtown, The QEW, and The Red Hill Parkway, this 3,800 sq ft Warehouse and Office space is conveniently located in Hamilton. The warehouse has 22-foot span ceilings, a concrete floor with separate door access, and 2 grade-level drive-in truck doors. The finished space includes a retail space or office & accessible washroom with its own bright separate entrance. Parking negotiated. This space has C2 zoning and is ideal for an Artist Studio, Catering Service, Commercial School, Craftsperson Shop, Day Nursery, Financial Establishment, Medical Clinic, Personal Services, Services Establishment, Veterinary Service, or other neighbourhood commercial. Tenant pays Hydro & Gas. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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
Summit Trades Supply2,273 SF2030-09
Prairie Coffee Roasters810 SF2030-09
Summit Trades Supply443 SF2030-09

Area demographics

Trade area within 3 miles of the property.

Population

126,714

Households

59,290

Median income

$82,000

Median age

43.4

Daytime population

160,835

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 1044 CANNON Street E Unit# C, 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.