For Sale · Specialty

197 JAMES Street N Unit# 307, Hamilton

197 JAMES Street N Unit# 307, Hamilton, ON L8R2L2

Price on request

315 SF

Asset Class

Specialty

Size

315 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

99%

About this property

Situated in the heart of downtown Hamilton, just steps from the vibrant shops, restaurants and amenities of James Street North, this 315 sq. ft. office space combines character, convenience and a professional setting. The space features an abundance of natural light and exposed brick accents, creating a warm and inviting atmosphere. Shared kitchen facilities and access to three bathrooms add to the convenience. Ideally suited for a small business, independent professional or those seeking a dedicated workspace in a well-established downtown location, this is an excellent opportunity to establish your business in one of Hamilton’s most vibrant neighbourhoods. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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 SF2027-02
Aurora Legal LLP400 SF2027-02
Aurora Legal LLP400 SF2027-02

Area demographics

Trade area within 3 miles of the property.

Population

146,139

Households

58,667

Median income

$98,000

Median age

43.5

Daytime population

215,869

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 197 JAMES Street N Unit# 307, 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.