This exceptional investment opportunity is located in the prestigious Town of Ancaster near Lovers Lane featuring a fully leased building utilizing 10,106 square feet of occupied space. Situated on a prime 119.45 x 296 ft pie-shaped lot adjacent to the renowned Hamilton Golf & Country Club, the property offers unparalleled visibility and appeal. This amazing property is Zoned C3-674 General Commercial offering a variety of uses including Medical/ Dental, Professional Offices, Live-Work and is currently leased to a single tenant for occupational therapy services who have just exercised their option to renew a 5 yr term at Market rates beginning October 1st 2025 offering a 5% Cap Rate to any prudent Investor. This rare offering combines a desirable location, high-quality tenancy, and zoning versatility, making it a highly attractive and stable investment opportunity.
MLS # | 40719959 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1994 |
Days On Site | 89 |
Listing Provided By | RE/MAX Escarpment Realty Inc. | Frank Salvatore |
SQ Feet | 10,105 |
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Basement | Y |
Story(s) | 2 |
Zoning | ER |
Acreage | 0.57 |
Property | 46941 |
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Province | ON |
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County | Hamilton |
City | Ancaster |
Postal Code | L9G 2B7 |
Area | 42 Ancaster |
Subarea | 422 Ancaster Heights | Mohawk Meadows | Maywood |
Community Name | 422 Ancaster Heights/Mohawk Meadows/Maywood |