For Lease · Multifamily

107 - 325A JAMES STREET S, Hamilton (Durand)

107 - 325A JAMES STREET S, Hamilton (Durand), ON L8P3B7

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

84%

About this property

Welcome to urban convenience in Hamilton's highly desirable Durand neighbourhood! This bright and functional 2 bed, 1 bath main-floor unit offers over 900 sq ft of comfortable living space in a solid brick building. The layout features a massive living room, dining area, kitchen, and two well-sized bedrooms. Located in an unbeatable area just steps from Hospital, the downtown GO Station, transit, shopping, parks, and dining. Don't miss this incredible move-in-ready leasing opportunity in one of the city's most established communities! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

40,626

Households

16,793

Median income

$90,500

Median age

43.4

Daytime population

38,330

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 107 - 325A JAMES STREET S, Hamilton (Durand).

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.