$699,000
For sale: Other

Turnkey investment opportunity offering a strong 5.75% cap rate. Featuring a international, well established tenant (Edward Jones) secured by a long term lease with built-in rental escalations. This nearly new corner unit offers 1,049 sqft plus a full basement, providing excellent utility and flexibility. Ample street frontage with abundant visitor parking. Ideally situated on one of Waterdown's busiest corridors, surrounded by a dense and growing residential community of thousands of homes, ensuring consistent exposure and long term value.
Sold data
Homes in Hamilton (Waterdown) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,272 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $682,400.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 1,272 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Waterdown) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$699,999
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