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$1.6M total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
97%
Lot Size
1.9 ac
Welcome to 70 Webster Rd. Hamilton - A rare opportunity to enjoy country living within city limits. Nestled On 1.9 acres just below the Niagara Escarpment. This exceptional property offers the perfect blends of tranquility, convenience and future potential. This spacious four bedroom 2 1/2 bath home provides a peaceful rural setting while being just a short drive to the new Confederation GO station. Major amenities, And scenic local landmarks such as Devils Punch Bowl and Battlefield House. Beyond its charm as a private residence, this property presents incredible development potential, with plan supporting the opportunity to build 16 detached homes or up to 37 townhomes. Situated immediately west of the developing Vienna, Orchard residential subdivision, this site stands poised for significant future growth in one of Hamilton's most desirable escarpment communities. Whether you are looking to settle into a serene family home surrounded by nature or invest in a promising development opportunity, 70 Webster offers endless possibilities in an unbeatable location. The seller is willing to sell together with other neighboring parcels. (id:66811)
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Monthly debt service
$7K
Projected NOI
$64K
Annual cash flow
$-25K
Cash-on-cash
-5.18%
DSCR
0.72
Going-in cap
3.99%
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.
Trade area within 3 miles of the property.
Population
96,007
Households
45,183
Median income
$81,000
Median age
43.1
Daytime population
145,390
5-yr growth
8.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 70 WEBSTER ROAD, Hamilton (Gershome).
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.