574 Upper James Street, Hamilton

$3,495,000
574 Upper James Street

$3,495,000

Extension
225d
Office

574 Upper James Street, Hamilton

Total Monthly Obligation $16,723

Beds
0
Baths
0
Park
0
DOM
225d
Property Type-Office
MLS® Number-X12874782
Beds-0
Lot Size-50 × 148.87 ft
Listed on site-Mar 12, 2026
Building Type-Office
Taxes-$27,000 (2025)
Parking-None
Heating-Gas Forced Air Open
Brokerage-THE AGENCY
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary+Storm
Possession-Flexible
Neighbourhood-Southam
Title-Commercial

No agent assigned

Remarkable investment opportunity in an ultra-convenient, high-exposure Hamilton Mountain location with tremendous street presence and visibility. This standalone medical building comes with 13 parking spaces and includes 5 (fully tenanted) units which generate an Annual Net Operating Income of approximately $220,000. This turnkey building presents a rare opportunity in a superb location with plenty of upside and an extremely favourable Capitalization Rate near 6%.

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Closing Costs

Mortgage Amount
$2,796,000
Land Transfer Taxes$73,850
Legal Fees (Est.)
$
Total cash required for closing$774,350

Total Monthly Obligation

$16,723/mo
Mortgage $14,098
Monthly Loss $13,013
Principal$3,710
Interest$10,388
Property Tax$2,250
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 574 Upper James Street

Time

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