
















































1/5097 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
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
| Tenant | Area | Expiry |
|---|---|---|
| Halcyon Wealth Partners | 10,577 SF | 2028-11 |
| Halcyon Wealth Partners | 6,170 SF | 2028-10 |
| Halcyon Wealth Partners | 3,537 SF | 2028-10 |
| Halcyon Wealth Partners | 4,972 SF | 2028-10 |
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.
Confidential diligence documents for 97 5TH CONCESSION Road E, Hamilton.
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.