Message Number429516
statusActive
Subject LineHamilton Medical Building - $5M - Cap rate 6.3% - Future high-rise Redevelopment Potential
Business area
Canada
Ontario
Southwestern Ontario
Hamilton
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Business Opportunities
Sites Commercial and Industrial
Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Related Professionals and Service Providers to the ICI Industry
Residential estates single family homes condos cottages, vacation homes
Date of ListingOctober 11 2024
Price$5,000,000.00
Comments ? NOI: $314K+ annually
? 10,000 sq. ft. fully occupied medical building with 30+ onsite parking spaces
? Prime downtown location near major infrastructure, including hospital and GO Station
? Recent high-end renovations, including spa-like finishes and 40 exam / meeting rooms
? Zoning allows for future high-rise residential development, offering significant long-term investment potential.
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All about Hamilton

ControlRegular Client
NameAli Hamidi-Osgouei, P.Eng., M.Sc.
TitleP.Eng., M.Sc., REALTOR
Company NameHomeLife Cimerman Real Estate Ltd. Brokerage
Address Line One28 Drewry Ave
CityNorth York
State/ProvinceOntario
Zip/Postal CodeM2M 1CB
CountryCanada
Business Phone Number(416)836-9209
Cell Number416-836-9209
Email AddressSend Email