574 Upper James Street, Hamilton | Image 1

574 Upper James Street

Hamilton, Southam

  • Commercial

$4,500,000
For Sale

Added 1 week ago

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  • Type: Office

  • Property Type: Commercial

  • Business Type: Medical/Dental

  • Zoning: C5

  • Age: No Data

  • Taxes: 24400

  • MLS®#: X8258892

  • Days on Site: 5 Days

  • Added: Apr 19, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: THE AGENCY

Remarkable investment opportunity in a desirable Hamilton Mountain location with great street presence and visibility. The standalone medical/dental building includes 5 units which generate Annual Gross Rental Income of nearly $250,000. After operating expenses, this turnkey building presents a favourable capitalization rate over 4.4%. Seller financing available.

Extras

TSSA Licensed Elevating Machine.

Property

  • Status: Sale

  • Type: Medical/Dental

  • Property Type: Office

  • Property Type: Office

  • Area: Hamilton

  • Community: Southam

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: Public

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: CONSOLIDATION OF VARIOUS PROPERTIES: PT LT 18 BLK

  • Taxes: $24,400

  • Taxes Type: Annual

Land

  • Cross Street: Claremont Access To

  • Municipality District: Hamilton

  • Parcel Number: 170740149

  • Sewer: San+Storm

  • Lot Depth: 148.87 Feet

  • Lot Frontage: 50 Feet

  • Zoning: C5

Commercial Specific

  • Sprinklers: Part

  • Total Area: 5500

  • Total Area Metric: Sq Ft

  • Office Size: 100

  • Office Size Metric: %

  • Lot Code: Lot

JK-6

Buchanan Park School

Elementary: Public
1.07 km
JK-8

Queensdale School

Elementary: Public
0.37 km
6-8

Ryerson Middle School

Elementary: Public
1.48 km
JK-8

Norwood Park Elementary School

Elementary: Public
1.14 km
JK-8

Queen Victoria Elementary Public School

Elementary: Public
1.30 km
JK-8

Sts. Peter and Paul Catholic Elementary School

Elementary: Catholic
0.36 km
9-12

King William Alter Ed Secondary School

Secondary: Public
2.18 km
9-12

Turning Point School

Secondary: Public
1.62 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
0.37 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
2.34 km
9-12

Cathedral High School

Secondary: Catholic
2.20 km
Pre-Grade 9-12

Westmount Secondary School

Secondary: Public
2.08 km
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