For Lease · Specialty

1955 KING Street E Unit# 1, Hamilton

1955 KING Street E Unit# 1, Hamilton, ON L8K1W2

$20 per sq ft / yr

2,474 SF

Asset Class

Specialty

Size

2,474 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

91%

About this property

Newly renovated main-floor unit in the heart of King Street East, with excellent visibility in the sought-after Rosedale neighbourhood! Ideal for medical use, and equally well-suited office or martial arts, dance, or yoga studio. The space offers ample parking, full wheelchair accessibility (including elevator and washrooms), durable concrete floor decks, and convenient access from both the rear parking area and the front entrance. Current tenants in the building include financial services, dentistry, and YMCA Employment Services - great company to keep. Don't miss this chance to secure top-tier space at a reasonable rate in a fast-growing neighbourhood! Note TMI PSF of $12.50 includes heating and cooling. Hydro separately metered. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.30%

DSCR

0.82

Going-in cap

4.55%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics707 SF2030-02
Northbridge Logistics1,554 SF2030-02

Area demographics

Trade area within 3 miles of the property.

Population

138,743

Households

56,669

Median income

$123,000

Median age

35

Daytime population

181,290

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 1955 KING Street E Unit# 1, 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.