Remarkable investment opportunity in an ultra-convenient, high-exposure Hamilton Mountain location with tremendous street presence and visibility. This standalone medical building comes with 13 parking spaces and includes 5 (fully tenanted) units which generate an Annual Net Operating Income of approximately $220,000. This turnkey building presents a rare opportunity in a superb location with plenty of upside and an extremely favourable Capitalization Rate near 6%.
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
Yes
Total Area:
5500 sq. ft. Square Feet
Total Area:
5,500 sq. ft.511 m2
Office/Apt Area:
100 sq. ft. %
Lot Depth:
148'10½"45.4 m
Lot Frontage:
50'15.2 m
Water supply:
Municipal
Zoning:
C5
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$27,000 /
2025
Assessment:
$- /
-
Hamilton
Hamilton
Southam
Partial
Medical Equipment and office furniture in Upper unit ("Medical Office #3")
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