1/9BASEMENT - 348 SPRINGBROOK AVENUE, Hamilton (Ancaster)
BASEMENT - 348 SPRINGBROOK AVENUE, Hamilton (Ancaster), ON L9K0K3
Price on request
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Asset Class
Multifamily
Size
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Building class
C
Zoning
RA9 — High Rise
$ / SF
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Occupancy
98%
About this property
Welcome to this stunning newly finished basement suite offering comfort, convenience, and modern living in a prime location! Featuring 2 bedrooms and a 3 piece bathroom, the unit is designed with large windows that let in plenty of natural light, creating a bright and welcoming living space. The apartment comes fully furnished and includes new appliances along with in-suite laundry, making it completely move-in ready. Enjoy the privacy of your own separate entrance and the ease of FREE ample street parking. Located in a quiet friendly neighborhood, you'll be just minutes away from two elementary schools, Redeemer University, Mohawk College, and shopping is also conveniently nearby. High-speed INTERNET IS INCLUDED, so you can work or study from home with ease. With its modern finishes, thoughtful layout, and unbeatable location, this bright and beautifully updated basement apartment is a must see! Don't miss out on this fantastic leasing opportunity - schedule a showing today and make this beautiful space your next home! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$86K
Annual cash flow
$3K
Cash-on-cash
0.74%
DSCR
1.04
Going-in cap
5.76%
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
103,191
Households
41,612
Median income
$90,500
Median age
42.8
Daytime population
170,558
5-yr growth
2.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for BASEMENT - 348 SPRINGBROOK AVENUE, Hamilton (Ancaster).
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.