244 HAMILTON CRESCENT, Thames Centre (Dorchester)

$2,100,000

For sale: Other

Other at 244 HAMILTON CRESCENT, Thames Centre (Dorchester)
Property type
Industrial
MLS®
MLS® X13499490
Neighbourhood
Dorchester

An exceptional investment opportunity with immediate cash flow and significant future upside. This versatile industrial property is currently generating over $5,500 per month in rental income and features a highly adaptable layout suitable for either multi-tenant occupancy or conversion to a single-user facility. Offering approximately 17-foot ceiling heights throughout, three oversized 12' x 16' grade-level loading doors, updated lighting, and a small office component, the building is well-suited for a wide range of industrial, warehousing, contractor, and flex-space users. The property's functional design allows for easy reconfiguration to meet evolving business needs, while its well-maintained condition provides confidence for investors and owner-occupiers. Adding to its appeal, the property is already zoned and site plan approved for self-storage development, creating a rare opportunity to expand, redevelop, or increase revenue streams in the future.

Sold data

Homes in Thames Centre (Dorchester) — recent sold market

Homes in Thames Centre (Dorchester) took a median of 56 days to sell over the last 90 days, with the quickest quarter selling within 29 days and the slowest quarter taking more than 77, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 80 days.

The median sale price was $735,000.

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

About 18% of sales closed above the list price.

Around 33% of sellers reduced their price before finding a buyer.

Median days to sell
56
Median sale price
$735,000
Sale-to-list ratio
96.9%
Sold above asking
18%

Based on 45 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 244 HAMILTON CRESCENT