243 QUEEN STREET N, Hamilton (Strathcona)

$12,250,000

For sale: Other

Other at 243 QUEEN STREET N, Hamilton (Strathcona)
Property type
Industrial
MLS®
MLS® X14117936
Neighbourhood
Strathcona

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 four cranes: one 45-ton, two 30-ton and one 5-ton. 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.

Sold data

Homes in Strathcona — recent sold market

Homes in Strathcona took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 55, across 43 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $500,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$500,000
Sale-to-list ratio
96.9%
Sold above asking
9%

Based on 43 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Strathcona)

Hamilton (Strathcona) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Strathcona)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 243 QUEEN STREET N