OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten)OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 2OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 3OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 4OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 5OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 6OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 7OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 8OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 9OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 10OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten) — photo 11
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Business For Sale · Office

OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten)

OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten), ON L8H5X2

Price on request

150 SF

Asset Class

Office

Size

150 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

91%

About this property

Larger office space at 156 Parkdale Avenue N with rear-facing windows and room to work comfortably or meet with clients. This professional setting offers boardroom access by advance booking. Rent includes hydro, water, gas, and high-speed internet. Located in a safe area with street parking nearby. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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
Meridian Health Group400 SF2034-12
Meridian Health Group400 SF2034-12

Area demographics

Trade area within 3 miles of the property.

Population

144,158

Households

56,741

Median income

$94,500

Median age

42.3

Daytime population

187,839

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for OFFICE #3 - 156 PARKDALE AVENUE N, Hamilton (McQuesten).

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.