Description

35,041 sq ft multi-tenant building on 1.12 acre lot in prestigious Ancaster Business Park with excellent Wilson Street exposure. Minutes to Highway 403 and airport. Remarkable turnkey investment opportunity. (id:66096)

Property Details

MLS®: 40849479
Property Type: Office
Zoning: M3 exp 678
Interior Size: 35,041 ft²
Lot Size: 1.12 acres
Frontage: 190 ft
Building Area: 35,041 ft²
Storeys: 1
Basement: None
Ownership: Freehold
Property Tax: $66,792.49/yr
Listed: 107 days ago

Features

Lot Features: Visual exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

107d

Hamilton listings, avg age

65d

Price / ft²

$203

List price

$7.10M

Haho

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Area context

Neighbourhood profile (L9G)

This home lists at $7,100,000, about 51.4× the local median household income of $138,000.

Carrying it typically needs a household income of about $1,386,879 (20% down, 25-yr amortization, stress-tested) — roughly 905% above the area median.

Median household income: $138,000
Population: 25,020
Median age: 44.8
Owner / renter: 90% / 10%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L9G)

$7,100,000· $203/ft²

For sale

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Financing

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1336 SANDHILL Drive, Hamilton - Office for Sale