2 - 57 JOHN STREET S, Hamilton (Corktown)2 - 57 JOHN STREET S, Hamilton (Corktown) — photo 22 - 57 JOHN STREET S, Hamilton (Corktown) — photo 32 - 57 JOHN STREET S, Hamilton (Corktown) — photo 42 - 57 JOHN STREET S, Hamilton (Corktown) — photo 52 - 57 JOHN STREET S, Hamilton (Corktown) — photo 62 - 57 JOHN STREET S, Hamilton (Corktown) — photo 72 - 57 JOHN STREET S, Hamilton (Corktown) — photo 82 - 57 JOHN STREET S, Hamilton (Corktown) — photo 92 - 57 JOHN STREET S, Hamilton (Corktown) — photo 102 - 57 JOHN STREET S, Hamilton (Corktown) — photo 112 - 57 JOHN STREET S, Hamilton (Corktown) — photo 122 - 57 JOHN STREET S, Hamilton (Corktown) — photo 132 - 57 JOHN STREET S, Hamilton (Corktown) — photo 142 - 57 JOHN STREET S, Hamilton (Corktown) — photo 152 - 57 JOHN STREET S, Hamilton (Corktown) — photo 162 - 57 JOHN STREET S, Hamilton (Corktown) — photo 172 - 57 JOHN STREET S, Hamilton (Corktown) — photo 182 - 57 JOHN STREET S, Hamilton (Corktown) — photo 19
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Business For Sale · Office

2 - 57 JOHN STREET S, Hamilton (Corktown)

2 - 57 JOHN STREET S, Hamilton (Corktown), ON L8N2B9

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

96%

About this property

Professional office/co-working space available in the heart of downtown Hamilton. Located on the top floor of 57 John St S, this unique Class A commercial space combines modern updates with the character of a historic building. Ideal for professionals, entrepreneurs, or small businesses looking for a turnkey workspace in a convenient central location. Enjoy 24-hour access along with shared amenities including an updated kitchen, 2-piece washroom, additional 3-piece washroom with shower, dedicated waiting area, and a glass-enclosed boardroom for meetings and client presentations. Conveniently located across from Tim Hortons and within walking distance to restaurants, cafés, transit, downtown amenities, and the future LRT. Offered as a gross lease for easy budgeting, with hydro, water, heat, common area maintenance, and internet included. A great opportunity to secure a professional workspace without the overhead of a traditional office. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

56,218

Households

21,634

Median income

$131,500

Median age

37.7

Daytime population

79,166

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 2 - 57 JOHN STREET S, Hamilton (Corktown).

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.