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Investment signal

$2,990,000

144 WILSON Street E

Beds

Baths

Sqft

10,105

Year

1994

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
Lot size
0.57 acres
MLS#
40800676
Area
ANCASTER
Negative cash flow ~$5,660/mo at these assumptions

Cash on cash

-11.36%

Cap rate

3.62%

GRM

16.7

Break-even rent

$20,908

Financing

Down payment$598,000
Loan amount$2,392,000
Mortgage$14,675/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: 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 $14,675/mo at 5.49% with 20% down, 25-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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