1/13568 RIDGE ROAD, Hamilton
568 RIDGE ROAD, Hamilton, ON L8J2Y6
Price on request
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Asset Class
Land
Size
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Building class
B
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
94%
About this property
AN EXCEPTIONALLY RARE LEASING OPPORTUNITY atop the Niagara Escarpment, offering breathtaking panoramic views of Lake Ontario and the Toronto skyline. This unique property offers potential for a variety of commercial and agricultural uses, subject to applicable approvals.P2 - STORAGE BUILDING Approximately 2,400 sq. ft. with electricity and well water. Features a newly paved floor and driveway with convenient access to Ridge Road. Ideal for storage or other permitted uses. Lease Rate: $1,600/month. Application Requirements: Completed rental application, satisfactory credit check, financial verification, and references required. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
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
59,491
Households
23,874
Median income
$114,500
Median age
36.9
Daytime population
78,500
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 568 RIDGE ROAD, Hamilton.
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.