Homula Realty Brokerage
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11 ALWAY Road 15, Hamilton, ON L0R 1C0

Commercial Retail
$750
$76,500per month, rent and TMI
Rent
$75,000 / month
TMI
$1,500 / month
Rate
$750 / sq ft + $15 TMI
Area
1,200 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.

Excellent Opportunity In The Growing Binbrook Community! Welcome To Unit 15 At 11Alway Road, Hamilton, A Versatile Commercial Retail Unit Located In A Modern Plaza Serving The Rapidly Expanding Binbrook Area. This Space Offers Excellent Potential For A Wide Variety Of Professional, Medical, Retail, Food And Service-Based Businesses. Suitable Uses May Include: Doctor's Office, Walk-In Clinic, Physiotherapy/Chiropractic Clinic, Hearing Aid Clinic, Veterinary Clinic, Salon, Barber Shop, Nail Salon, Tutoring Centre, Private School (No Daycare), Music Lessons, Martial Arts Gym, Real Estate Office, Law Office, Insurance Office, Dry Cleaners, Flower Shop, Grocery Store, Ice Cream Shop, Bar, Coffee Shop, Sandwich Shop, Pizza Restaurant, Indian Restaurant, South Indian Restaurant, Hakka Chinese Restaurant, Breakfast Restaurant, Chicken Wing Restaurant, Shawarma Restaurant And More. An Excellent Opportunity For Business Owners And Professionals Looking To Establish Or Expand Their Presence In One Of Hamilton's Growing Communities. Don't Miss This Opportunity To Secure A Commercial Space In Binbrook. All Uses Are Subject To Applicable Zoning, Municipal Requirements And Landlord Approval

MLS number
X13746186
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
L0R 1C0
Photos
10
Property tax
$15 / year
8days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

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

$150 · minimum here is $38
$3.32per month
Borrowed before insurance$600
Total borrowed$600
Interest over 25 years at 4.5%$396

If you rented it out

-$4.57per month out of pocket
Rent$0.00
Everything it costs to hold$4.57
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 HOMELIFE/DIAMONDS REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.