For Sale · Retail

29 JOHN STREET N, Hamilton (Beasley)

29 JOHN STREET N, Hamilton (Beasley), ON L8R1H1

$1.4M total

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

96%

About this property

Welcome to this 3-storey brick office building, ideally situated on vibrant King William Street, surrounded by new condominium developments, restaurants, and amenities. The property features:1st Floor: Commercial unit currently occupied by a busy brunch restaurant.2nd Floor: Leased residential apartment featuring 2 bedrooms, 1 bathroom, and over 1,500 sq. ft. of living space.3rd Floor: Residential apartment with existing rough-in, offering potential for future development. This corner property is conveniently located close to major highways and public transit, with strong potential for future growth and investment. Don't miss this incredible investment opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.41M
Down payment30% · $423K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$95K

Annual cash flow

$17K

Cash-on-cash

3.96%

DSCR

1.21

Going-in cap

6.73%

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

136,977

Households

50,258

Median income

$88,500

Median age

41.7

Daytime population

188,079

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 29 JOHN STREET N, Hamilton (Beasley).

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.