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Investment signal

$2,990,000

144 WILSON Street E

Save this home

Beds

Baths

Sqft

10,105

Year

1994

Type

Office

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ancaster. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This exceptional medical/office building is located in the prestigious town of Ancaster featuring a fully leased building utilizing 10,106 sqft of occupied space. Situated on a prime 196 ft x 296 ft pie-shaped lot adjacent Hamilton Golf & Country Club, this property offers unparalleled visibility and appeal. Zoned C3-674 General Commercial offering a variety of uses including Medical / Dental, Profesional offices, Live -Work and is currently leased to a single tenant for occupational therapy services for an additional 5yr Term beginning Oct 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. (id:65958)

Subtype
Office
Community
422 - Ancaster Heights/Mohawk Meadows/Maywood
Common interest
Freehold
Living area
10,105 square feet
Lot size
0.57 acres
Lot dimensions
0.567
Stories
2
On market
Jan 26, 2026
Status changed
Apr 17, 2026
Annual tax
$46,941
Zoning
C3-674
Photos
32
MLS#
40800676
Area
ANCASTER

Features and systems

Parking

Attached Garage

Basement

Full

Exterior

Brick

Foundation

Brick

Lot

Crushed stone drivewaySolar Equipment

Utilities

Natural GasElectricityTelephone
Negative cash flow ~$3,105/mo at these assumptions

Cash on cash

-6.23%

Cap rate

3.62%

GRM

16.7

Break-even rent

$18,219

Financing

Down payment$598,000
Loan amount$2,392,000
Mortgage$12,120/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,370
Insurance$80
Maintenance$2,492
CapEx reserve$1,246
Vacancy loss$748

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $12,120/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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