1/432 NORTHCOTE STREET, Hamilton (Industrial Sector)
32 NORTHCOTE STREET, Hamilton (Industrial Sector), ON L8L7H9
$799,900 total
4,250 SF
Asset Class
Industrial
Size
4,250 SF
Building class
B
Zoning
IL — Light Industrial
$ / SF
$188
Occupancy
87%
Lot Size
4250 ac
Clear height
18 ft
Loading docks
13
About this property
Beautiful over 4,200 square feet building, with 15 feet high ceiling, newer over head heaters, 12 foot doors. Consisting of one bathroom and 2 shower stalls. Solid building which can used used for almost any business such as automotive, any type of manufacturing, storage, and etc. Must be seen (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$35K
Annual cash flow
$-9K
Cash-on-cash
-3.74%
DSCR
0.80
Going-in cap
4.42%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 1,133 SF | 2031-05 |
| Meridian Health Group | 2,548 SF | 2031-05 |
Area demographics
Trade area within 3 miles of the property.
Population
145,244
Households
50,821
Median income
$62,500
Median age
35.4
Daytime population
156,223
5-yr growth
2.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 32 NORTHCOTE STREET, Hamilton (Industrial Sector).
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.