Personal Pic

Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$2,899,000
Available - For Sale
Listing ID: X8353316
520-522 Upper Sherman Ave , Hamilton, L8V 3L8, Ontario


Turn key opportunity For Investors & Landlords to Purchase income producing freestanding (Building) Retail Property zoned C2 located in Hamilton. Current Tenant is PT Healthcare Solutions, AAA tenant, physiotherapist Clinic situated in a prime area of Hamilton. The property is fully leased to a single tenant. Property has 10 parking Spots, 5 spots in front & 5 parking spots at the back of the building. Tenant pays all the expenses which includes utility, hydro, taxes & insurance etc for the the period of 5 years ending in 2028 and Tenant has 3 additional renewal option and lease can be extended for another term of 5 years each after the expiry of lease term in 2028. Condition of the Building is AAA. Do not miss the opportunity. Once It's Gone Cannot Be Replicated. Property is close to Mountain Medical Centre, Juravinski Hospital, St Peter's Hospital, St Joseph Healthcare Hospital.
Price $2,899,000
Taxes: $18678.00
Tax Type: Annual
Occupancy by: Tenant
Address: 520-522 Upper Sherman Ave , Hamilton, L8V 3L8, Ontario
Postal Code: L8V 3L8
Province/State: Ontario
Legal Description: Lts 701 & 702, Pl 608; Hamilton
Lot Size: 70.14 x 108.23 (Feet)
Directions/Cross Streets: Upper Sherman & Brucedale Ave E
Category: Retail
Use: Retail Store Related
Building Percentage: Y
Total Area: 4600.00
Total Area Code:  Sq Ft
Retail Area: 0
Retail Area Code: Sq Ft
Business/Building Name: Pt Health Physiotherapy
Days Open: 6
Sprinklers: N
Washrooms: 3
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.
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Milad Akrami
Sales Representative
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647-678-7799
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647-678-7799
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Eastmount
Style:
Lot Size: 70.14 x 108.23(Feet)
Approximate Age:
Tax: $18,678
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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