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For Sale · Office

57 JOHN Street S Unit# 2, Hamilton

57 JOHN Street S Unit# 2, Hamilton, ON L8N2B9

Price on request

275 SF

Asset Class

Office

Size

275 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

86%

About this property

Professional office/co-working space available in the heart of downtown Hamilton. Located on the top floor of 57 John St S, this unique Class A commercial space combines modern updates with the character of a historic building. Ideal for professionals, entrepreneurs, or small businesses looking for a turnkey workspace in a convenient central location. Enjoy 24-hour access along with shared amenities including an updated kitchen, 2-piece washroom, additional 3-piece washroom with shower, dedicated waiting area, and a glass-enclosed boardroom for meetings and client presentations. Conveniently located across from Tim Hortons and within walking distance to restaurants, cafés, transit, downtown amenities, and the future LRT. Offered as a gross lease for easy budgeting, with hydro, water, heat, common area maintenance, and internet included. A great opportunity to secure a professional workspace without the overhead of a traditional office. Book your private showing today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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
Cascade Foods Inc.400 SF2029-01
Cascade Foods Inc.400 SF2029-01

Area demographics

Trade area within 3 miles of the property.

Population

123,739

Households

43,322

Median income

$88,000

Median age

42.6

Daytime population

190,108

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 57 JOHN Street S Unit# 2, 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.