For Sale · Specialty

97 5TH CONCESSION Road E, Hamilton

97 5TH CONCESSION Road E, Hamilton, ON L8B1K4

$8.3M total

28,000 SF

Asset Class

Specialty

Size

28,000 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$295

Occupancy

90%

Year Built

1978

Lot Size

9.773 ac

About this property

Purpose-built shell for a licensed cannabis/mushroom/vertical producer, minutes north of Waterdown with fast Hwy 6 access to the 401/403/407. The centrepiece of this 9.77-acre A2-zoned site is a never-used 20,000 sq ft (250' x 80') insulated building designed and previously approved for indoor cannabis cultivation. It already has the infrastructure growers spend the most time and money on: a 400 sq ft Level 9 walk-in vault for secure product storage, 600-volt 3-phase power, natural gas heat, water service, two 20' x 80' mezzanines for drying, processing or office space, a 12' x 14' truck door and 5-man doors. You can design the interior around your own cultivation plan instead of tearing out someone else’s. A 250 KW roof-mounted solar system brings in approx. $260,000 a year in contracted revenue (approx. 9 years remaining), offsetting operating costs from day one. A second 8,000 sq ft insulated utility building adds room for packaging, equipment, supply storage or expansion. The approx. 8,250 sq ft residence including indoor pool, set well back on a paved tree-lined drive, can serve as head office, staff quarters or an on-site owner’s residence, making this a secure, self-contained campus. A rare chance to skip years of land search, rezoning and construction and go straight to licensing. Don’t be TOO LATE*! *REG TM. RSA. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$8.25M
Down payment30% · $2.48M
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$38K

Projected NOI

$481K

Annual cash flow

$24K

Cash-on-cash

0.97%

DSCR

1.05

Going-in cap

5.83%

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
Halcyon Wealth Partners10,577 SF2028-11
Halcyon Wealth Partners6,170 SF2028-10
Halcyon Wealth Partners3,537 SF2028-10
Halcyon Wealth Partners4,972 SF2028-10

Area demographics

Trade area within 3 miles of the property.

Population

117,175

Households

42,294

Median income

$105,000

Median age

31

Daytime population

114,657

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 97 5TH CONCESSION Road E, 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.