











1/13UNIT 1 - 255 CARSON DRIVE W, Hamilton (Lisgar), ON L8T2X8
Price on request
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
86%
BIGGEST MAIN FLOOR UNIT FOR LEASE!! Welcome to this spacious and carpet-free main floor unit on East Hamilton Mountain, offering over 1300 sq ft of comfortable living space. This home features 3 generous bedrooms, a renovated 5-piece bathroom and a spacious kitchen with plenty of room to cook and entertain. Enjoy the convenience of in-suite laundry, a fenced in backyard and a garage parking with interior access and one parking space in the driveway. Ideally located close to shopping, Mohawk Sports Park, public transit, The Red Hill Valley Parkway and the Alexander Lincoln Parkway, providing easy access to everyday amenities and major routes. A fantastic opportunity to enjoy space, comfort and convenience in a great East Hamilton Mountain, Lisgar neighbourhood. Tenant pays 70% of water and gas. Tenant pays for electricity. AVAILABLE JANUARY 1, 2027. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
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.
Trade area within 3 miles of the property.
Population
41,664
Households
19,580
Median income
$116,500
Median age
32.9
Daytime population
45,553
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for UNIT 1 - 255 CARSON DRIVE W, Hamilton (Lisgar).
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.