For Sale
Just Listed
243 Queen Street N
Strathcona, Hamilton, ON
$12,250,000
0Bd
0Ba
—sqft
467.9 ft frontagelot
CommercialMLS# X13742392Listed 2026-09-035 DOM
About this home
Fully leased income-producing industrial investment situated on a 7.44-acre site near Hamilton's West Harbor. The property offers approximately 80,939 SF across three industrial units and is being offered at a 6.73% going-in cap rate, with a 3.8-year WALT and built-in rental escalations. The building features clear heights reaching approximately 54', eight drive-in doors, and 15-ton and 45-ton cranes. Zoned D2 and P5, with significant land area, ample surface parking and outdoor yard space. An opportunity to acquire a stabilized industrial asset with secure in-place income and contractual rental growth.
Features
- Partial
Financials
Annual Taxes
$198,465.95
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield0.2% – 0.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Hamilton
Days on market5 days
Buyer's MarketSeller's Market
Based on active listings in Hamilton. Data updates daily.
Demographics — Hamilton
Population
569,353
Avg Household Income
$90,000
Age Distribution
0-19
20%
20-34
21%
35-49
19%
50-64
20%
65+
20%
Ownership65% own · 35% rent
EnglishFrenchArabicItalianTagalog
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
72
/ 100
Walk Score
Very Walkable
66
/ 100
Transit Score
Good Transit
74
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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