For Lease · Specialty

542 HIGHWAY 8 Unit# 1 & 3, Stoney Creek

542 HIGHWAY 8 Unit# 1 & 3, Stoney Creek, ON L8G4T4

Price on request

330 SF

Asset Class

Specialty

Size

330 SF

Building class

B

Zoning

US — Urban Services

$ / SF

—

Occupancy

83%

Lot Size

0.942 ac

About this property

Unbeatable, turnkey automotive package at 542 Highway 8 in Stoney Creek - an exceptional opportunity for first-time operators, expanding dealerships, and experienced automotive professionals! Marketed as a premier two-office combined package, this offering includes generous private interior workspace paired with an expanded dedicated display lot holding approximately 14 to 18 vehicles (with an additional two offices available for lease on-site that can also be paired up for businesses seeking even greater capacity). Situated along a heavily traveled corridor with continuous daily traffic and swift highway access connecting Hamilton, Grimsby, and the surrounding region, this space puts your inventory directly in front of thousands of daily commutors. By establishing your business within this proven, high-traffic automotive hub - anchored by multiple thriving OMVIC - Registered dealers - you'll gain immediate industry synergy, built-in customer foot traffic, and maximum street-front presence. Featuring a functional plug-and-play layout designed for seamless sales operations and professional client consultations, this flexible package provides everything you need to launch or scale. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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
Aurora Legal LLP400 SF2030-03
Aurora Legal LLP400 SF2030-03
Aurora Legal LLP400 SF2030-03

Area demographics

Trade area within 3 miles of the property.

Population

64,379

Households

25,516

Median income

$125,500

Median age

32.8

Daytime population

59,790

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 542 HIGHWAY 8 Unit# 1 & 3, Stoney Creek.

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.