1/6468 CUMBERLAND Avenue Unit# 2B, Hamilton
468 CUMBERLAND Avenue Unit# 2B, Hamilton, ON L8M3M5
Price on request
785 SF
Asset Class
Specialty
Size
785 SF
Building class
C
Zoning
US — Urban Services
$ / SF
—
Occupancy
91%
Lot Size
0.24 ac
About this property
Move into the Historic Paperbox Studio steps from Gage Park; this approx. 785 sq ft space has sunny, west-facing exposure, 15-foot ceilings, and its own 2-piece bathroom, small countertop, and sink. East Hamilton location close to major highways, mountain access, hospitals, public transit, and downtown. Studios, arts, fashion and other thriving business. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
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)
| Tenant | Area | Expiry |
|---|---|---|
| Summit Trades Supply | 400 SF | 2029-11 |
| Summit Trades Supply | 400 SF | 2029-11 |
| Summit Trades Supply | 400 SF | 2029-11 |
Area demographics
Trade area within 3 miles of the property.
Population
92,038
Households
34,508
Median income
$64,000
Median age
40.6
Daytime population
110,724
5-yr growth
5.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 468 CUMBERLAND Avenue Unit# 2B, 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.