South side of Rymal Road East, 332.40 feet of frontage and a depth of 280.75 along the east side of Swayze Rd., total of 2.39 acres.
Legal Description:
Concession 1 Block 3, Part Lot 5, former township of Binbrook, city of Hamilton.
Projected Annual Net Operating Income:
$322,450. 11 seasoned tenants plus vacant unit with 4065 square feet.
Net Rental Area:
22,778 square feet, plus free standing gas bar. Total gross ground floor building area 24,828 square feet, including gas bar pad.
Neighbourhood:
Located in a rapidly developing area near the corner of highways #53 and #20 known as the Hamlet of Elfida, which is at the southeast corner of the mountain section of Stoney Creek. Directly west of the subject across Swayze Road is the new Walmart power centre surrounded by residential development. Directly east of the subject on Rymal Road is the new Scotiabank and GM dealership - Hamilton Monitor Products. Across Rymal Rd. is a Fortino's (Loblaw's), grocery store super centre with new commercial & residential development. This is the fastest growing development area of Stoney Creek / Hamilton
Brian and Wendy Cook
Office: (705) 765-6855 ext 63
Toll-Free: (800) 763-3398 ext 63
Cell: (705) 644-7292
Email: cottagehunter@sympatico.ca