$4,299,990Asking Price
Prime Medical & Residential Investment | Durand, Hamilton Turnkey medical-residential income property in the prestigious Durand neighbourhood of Hamilton - purpose-built for healthcare and upscale urban living. This fully renovated (2019) 9,927 SF three-storey building features a ground-floor medical/health clinic (approx. 2,363 SF) currently leased to a high-end operator, with flexibility for the tenant to relocate through sublease if desired, presenting an opportunity for a dentist, medical specialist, or plastic surgeon. The space includes a former surgical suite previously used by a plastic surgeon. Above the commercial space are 10 luxury residential units - 2 bachelor, 6 one-bedroom, and 2 two-bedroom suites totaling approximately 7,203 SF of premium rental space. Situated on a 0.205-acre lot with 49.75 ft frontage and 12+1 on-site parking, the property features 12' vaulted ceilings, new fire shutters, and common laundry with industrial machines. No heritage designation. Zoned E-L with Downtown Mixed-Use Official Plan designation permitting medical, professional, multiple residential, student housing, and retirement uses - with strong value-add potential including future conversion of commercial space to additional residential units (subject to approvals). CMHC financing eligible. Located blocks away from St. Joes Hospital, near Mohawk College, McMaster, Augusta Street Restaurants, TD Coliseum - an unmatched location for medical tenants and urban residents alike. Stable
Prime Medical & Residential Investment | Durand, Hamilton Turnkey medical-residential income property in the prestigious Durand neighbourhood of Hamilton - purpose-built for healthcare and upscale urban living. This fully renovated (2019) 9,927 SF three-storey building features a ground-floor medical/health clinic (approx. 2,363 SF) currently leased to a high-end operator, with flexibility for the tenant to relocate through sublease if desired, presenting an opportunity for a dentist, medical specialist, or plastic surgeon. The space includes a former surgical suite previously used by a plastic surgeon. Above the commercial space are 10 luxury residential units - 2 bachelor, 6 one-bedroom, and 2 two-bedroom suites totaling approximately 7,203 SF of premium rental space. Situated on a 0.205-acre lot with 49.75 ft frontage and 12+1 on-site parking, the property features 12' vaulted ceilings, new fire shutters, and common laundry with industrial machines. No heritage designation. Zoned E-L with Downtown Mixed-Use Official Plan designation permitting medical, professional, multiple residential, student housing, and retirement uses - with strong value-add potential including future conversion of commercial space to additional residential units (subject to approvals). CMHC financing eligible. Located blocks away from St. Joes Hospital, near Mohawk College, McMaster, Augusta Street Restaurants, TD Coliseum - an unmatched location for medical tenants and urban residents alike. Stable
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 12 3-Piece Bathrooms | ||||
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Durand, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads and health and education, law & public sector professionals. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of adults aged 25 to 39 and 25 to 39 and seniors aged 65 to 74.
Kids Per Family
0.6
kids per family
in the neighbourhood.
64%
of residents are
single and loving it.
64% singles
Hamilton (46%)
81%
of residents
are renters.
81% renters
Hamilton (32%)
42%
of residents are
university grads.
42% university grads
Hamilton (28%)Average Household Income
$64K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Government | 11% |
| Business | 8% |
| Health | 7% |
| Trades | 5% |
27%
of residents were
born outside of Canada.
27% immigrants
Hamilton (25%)2.2% from UK
All-time
0.9% from Syria
Recent
Foreign Languages
| Arabic | 4% |
| Spanish | 2% |
| French | 2% |
| Mandarin | 2% |
| Persian | 2% |
Religions
| Christian | 63% |
| Muslim | 5% |
| Jewish | 2% |
| Buddhist | 1% |