315 MAIN Street E, Hamilton315 MAIN Street E, Hamilton — photo 2
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For Lease · Land

315 MAIN Street E, Hamilton

315 MAIN Street E, Hamilton, ON L8N2S6

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

91%

About this property

Parking lot for lease in urban core, across the street from Canadian Tire on Main Street. The lot is approximately 75x75 and fits ten-ish cars comfortably. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

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.

Area demographics

Trade area within 3 miles of the property.

Population

87,166

Households

37,734

Median income

$129,500

Median age

38.4

Daytime population

127,435

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 315 MAIN Street E, 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.