$3,495,000
574 UPPER JAMES Street
Beds
—
Baths
—
Sqft
5,500
Year
—
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Remarkable investment opportunity in an ultra-convenient, high-exposure Hamilton Mountain location with tremendous street presence and visibility. This standalone medical building comes with 13 parking spaces and includes 5 (fully tenanted) units which generate an Annual Net Operating Income of approximately $220,000. This turnkey building presents a rare opportunity in a superb location with plenty of upside and an extremely favourable Capitalization Rate near 6%. (id:65958)
- Subtype
- Office
- Community
- 150 - Mountview
- Common interest
- Freehold
- Living area
- 5,500 square feet
- Parking
- 13 total
- Stories
- 2
- On market
- Mar 12, 2026
- Status changed
- Apr 14, 2026
- Annual tax
- $27,000
- Zoning
- C5
- Photos
- 24
- MLS#
- 40811507
- Area
- HAMILTON
Features and systems
Basement
Lot
Community
Utilities
Cash on cash
-11.33%
Cap rate
3.62%
GRM
16.7
Break-even rent
$24,425
Financing
Operating expenses (monthly)
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.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.