For Sale · Retail

A AND B - 264-268 OTTAWA STREET N, Hamilton (Crown Point)

A AND B - 264-268 OTTAWA STREET N, Hamilton (Crown Point), ON L8H3Z9

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

88%

About this property

Welcome to 264-268 Ottawa Street North, a fantastic commercial space in Hamilton's bustling Crown Point neighborhood. Offering two separate units, A& B each with space coverage for 1459 sq. ft. & 1537 sq. ft of open-concept space with soaring 12 ft. ceilings, this unit features expansive floor-to-ceiling windows, providing excellent street exposure in one of Hamilton's most vibrant commercial corridors.Ottawa Street North is known for its high pedestrian traffic and dynamic mix of local shops, restaurants, and residential buildings, making it the perfect location for your business. With zoning C5A, this space is versatile and can accommodate a variety of uses, including retail, gym/fitness, spa, medical/dental, restaurant, grocery, real estate brokerage, lawyers or mortgage office, professional offices, and more (Buyer/Tenant to verify).Each unit includes a private washroom rough-ins and more than 1000 sq. ft. dry basement, offering ample storage space and ample parking space in the front and back of the property.Located near Tim Hortons Field and with easy access to public transit, this property is easily accessible for both clients and staff. Whether you're starting a new venture or expanding, this location offers everything you need to succeed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

103,978

Households

37,756

Median income

$117,500

Median age

36

Daytime population

126,717

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for A AND B - 264-268 OTTAWA STREET N, Hamilton (Crown Point).

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.