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For Lease · Specialty

568 RIDGE Road, Hamilton

568 RIDGE Road, Hamilton, ON L8J2Y6

$5.5 per sq ft / yr

5,900 SF

Asset Class

Specialty

Size

5,900 SF

Building class

Zoning

DC2 — Site Specific

$ / SF

Occupancy

87%

Lot Size

92 ac

About this property

An exceptionally rare opportunity to lease one of Ontario's most unique properties, perched atop the Niagara Escarpment with breathtaking panoramic views of Lake Ontario and the Toronto skyline. This versatile property offers outstanding potential for a winery, restaurant, wedding or event venue, recreational facility, mushroom cultivation, vertical farming, storage operation, place of worship (subject to approvals), and many other commercial or agricultural uses. The owner may consider flexible arrangements, including lease-to-own options or the sale of the P1 section separately. P1 – Industrial/Commercial Building: Approx. 12,000 sq. ft. Three-phase power, Well water, Concrete flooring. Lease Rate: $5.50/sq. ft./year. Application Requirements: Completed rental application, Credit and financial verification, Employment letter and recent pay stubs, or other proof of income References. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$6

Down payment30% · $2

Interest rate6.25%

Amortization25 years

Occupancy87%

Expense growth2.5%

Monthly debt service

Projected NOI

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

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	Suite	Area	Rent / SF	Expiry
Blue Harbour Design	130	3,580 SF	$18.65	2034-03
Blue Harbour Design	130	1,084 SF	$18.53	2034-03
Blue Harbour Design	130	476 SF	$18.89	2034-03

Area demographics

Trade area within 3 miles of the property.

Population

133,621

Households

49,781

Median income

$135,000

Median age

38.7

Daytime population

154,435

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 568 RIDGE Road, 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.