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520-522 Upper Sherman Avenue, Hamilton, ON, L8V 3L8

MLS® # 40591612
Commercial For Sale In Eastmount, Hamilton, Ontario
$2,899,000
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
520-522 Upper Sherman Avenue, Hamilton, ON
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ACTIVE
520-522 Upper Sherman Avenue, Hamilton, ON, L8V 3L8
$2,899,000

Property Information:

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.

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: None
  • Lot Depth: 108.23 Feet
  • Lot Features: Ample Parking, Hospital, Public Transit
  • Lot Frontage: 70.14 Feet
  • Water Source: Municipal
  • Zoning: C2 COMMERCIAL
  • Sewer: Sewer (Municipal)

Courtesy of: RE/MAX Real Estate Centre Inc, Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 520-522 Upper Sherman Avenue, Hamilton, ON, L8V 3L8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

30 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 520-522 Upper Sherman Avenue , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.3 degrees Celsius.

Projected Avg. Temperature

Past
31.8℃
2050
35.3℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

59/100

High

ClimateCheck®

Current data

This property, 520-522 Upper Sherman Avenue , experiences 11 significant 2-day storms per year, with about 308.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 383.4mm of precipitation per year.

Precipitation Per Storm

Past
308.9mm
2050
383.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 520-522 Upper Sherman Avenue, Hamilton, ON, L8V 3L8

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$102,505.98

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.4 %

High school certificate or equivalent

33.22 %

Apprenticeship trade certificate/diploma

7.94 %

College/non-university certificate

25.24 %

University certificate (below bachelor)

0.05 %

University Degree

13.15 %

Commuter

Travel To Work

By Car

83.92 %

By Public Transit

8.42 %

By Walking

3.02 %

By Bicycle

0.0 %

By Other Methods

4.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.42 %

Houses

88.58 %

Own Vs. Rent

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