Address
243 Queen Street N, Hamilton, ON
Price
$ 12,250,000
Property Attributes
  • ID#X13742392
  • TypeCommercial
  • Listing Status New
  • CityHamilton
  • AreaStrathcona
  • NeighbourhoodStrathcona
  • Postal CodeL8R 3N6
  • StyleIndustrial
  • Taxes$ 198465
  • Price$ 12,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage80939
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Fully leased income-producing industrial investment situated on a 7.44-acre site near Hamilton's West Harbor. The property offers approximately 80,939 SF across three industrial units and is being offered at a 6.73% going-in cap rate, with a 3.8-year WALT and built-in rental escalations. The building features clear heights reaching approximately 54', eight drive-in doors, and 15-ton and 45-ton cranes. Zoned D2 and P5, with significant land area, ample surface parking and outdoor yard space. An opportunity to acquire a stabilized industrial asset with secure in-place income and contractual rental growth.

Price History
9/3/2026 Listed $12,250,000

General Features

Cooling Partial
Utilities Yes
Security Features No
Heater Type Gas Forced Air Open
Property Subtype Industrial
Tax Year 2026
Lot Depth 0.0
County Hamilton
IndustrialAreaCode Sq Ft
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Hamilton
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 198465.95
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant

Interior Features

Clear Height Feet 50
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type Covered
Rail Yes
DriveInLevelShippingDoors 3
GradeLevelShippingDoors 2
Spa No
Building Area Total 80939.0
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L8R 3N6

Price
AVG $12.25M
$12.25M
Taxes
AVG $198,465
$198,465
Visits
AVG 5
12
Data Provided by Inside Real Estate®