Overview

This industrial property in Hamilton is for sale offering roughly 17,400 sq ft of space.

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Description

Here it is! Prime Hamilton Mountain Location. Just a short distance to the Linc! This fabulous custom build, very well maintained, industrial building. M3 zoning, offers many uses and applications. Fabulous opportunity for the right entrepreneur! An ideal owner/tenant arrangement, approximately 17,000 + square feet of a spectacular building space, 2 (2,200 square feet each), units are currently leased, leaving approximately 13,000+ square feet for YOU the new owner! Alternatively, the seller would be willing to find you, the Savvy Investor, a new tenant. The time is now, call today for more information and your Golden Opportunity to acquire this truly fantastic property! (id:66096)

Property Details

MLS®: 40804714
Property Type: Industrial
Zoning: M3
Parking: 42
Interior Size: 17,400 ft²
Lot Size: 1.12 acres
Frontage: 152 ft
Building Area: 17,400 ft²
Year Built: 2011
Storeys: 1
Basement: None
Ownership: Freehold
Property Tax: $66,106.51/yr
Listed: 265 days ago

Features

Foundation: Poured Concrete
Exterior: Steel, Concrete
Lot Features: Southern exposure, Visual exposure, Paved driveway, Industrial mall/subdivision

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

265d

Hamilton listings, avg age

65d

Price / ft²

$287

List price

$5.00M

Haho

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Area context

Neighbourhood profile (L8W)

This home lists at $4,999,900, about 49.5× the local median household income of $101,000.

Carrying it typically needs a household income of about $976,655 (20% down, 25-yr amortization, stress-tested) — roughly 867% above the area median.

Median household income: $101,000
Population: 26,077
Median age: 38.8
Owner / renter: 76% / 24%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA L8W)

$4,999,900· $287/ft²

For sale

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Financing

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44 DITTON Drive, Hamilton - Industrial for Sale