Homula Realty Brokerage
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11 Medicorum Place 3, Hamilton, ON L0R 2H2

Office
$1
$4,167per month, rent and TMI
Rent
$2,083 / month
TMI
$2,083 / month
Rate
$1 / sq ft + $1 TMI
Area
25,000 sq ft

Worked out from the rate and area the board publishes, at a twelfth of the annual figure. Confirm the terms before relying on them.

Build-to-suit office for lease in iConnect - "Hamilton's Game-Changing Business & Lifestyle Park". Strategic Highway 5 & 6 location with prominent Highway 6 exposure - hundreds of amenities. Prestigious corporate neighbours.

MLS number
X12239635
Type
Office
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L0R 2H2
Photos
2
Property tax
$1 / year
446days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 462 people.

$110,000Median household income
86.7%Own their home
96.9%Detached houses
44Median age
9.3%Born outside Canada
14.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35250896 — the few blocks around this address, home to 462 people. It describes the area, not this property.

462Population
41.9Average age
2.8Household size
$126,000Average household income
$110,000Median household income
87%Own their home
13%Rent
0%Condominiums
9%Born outside Canada
14%University degree
$1,060,000Average home value
9%Low income
37%Not in the labour force
30%Never married
$25,000 to $29,9994%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9992%
$80,000 to $89,9996%
$100,000 and over36%
$100,000 to $124,9999%
$125,000 to $149,99911%
$150,000 to $199,9994%
$200,000 and over13%

Percentages are of the 235 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$0 · minimum here is $0
$0.01per month
Borrowed before insurance$1
Default insurance premium, added to the loan$0
Total borrowed$1
Interest over 25 years at 4.5%$1

If you rented it out

-$0.09per month out of pocket
Rent$0.00
Everything it costs to hold$0.09
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by COLLIERS. Listing data provided by the Toronto Regional Real Estate Board.