Business For Sale · Land

293 FIDDLER'S GREEN ROAD, Hamilton (Ancaster)

293 FIDDLER'S GREEN ROAD, Hamilton (Ancaster), ON L9G1W9

$2.2M total

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Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

92%

Lot Size

0.94 ac

About this property

Great Opportunity just minutes away from The Village of Ancaster. Site planned approved 6 single family lot condominium project, known as The Singles on Fiddlers Green. See attached supplements. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.20M
Down payment30% · $660K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$105K

Annual cash flow

$-17K

Cash-on-cash

-2.50%

DSCR

0.86

Going-in cap

4.79%

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

84,770

Households

38,930

Median income

$67,000

Median age

38

Daytime population

81,071

5-yr growth

9.4%

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

Secure deal room

Confidential diligence documents for 293 FIDDLER'S GREEN ROAD, Hamilton (Ancaster).

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.