Turnkey investment opportunity offering a strong 5.75% cap rate. Featuring a international, well established tenant (Edward Jones) secured by a long term lease with built-in rental escalations. This nearly new corner unit offers 1,049 sqft plus a full basement, providing excellent utility and flexibility. Ample street frontage with abundant visitor parking. Ideally situated on one of Waterdown's busiest corridors, surrounded by a dense and growing residential community of thousands of homes, ensuring consistent exposure and long term value.
Address
1 - 219 Dundas Street E
List Price
$699,000
MLS® Status
Price Change
Expiration Date
2026-11-17
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Hamilton
Sub-Area
Waterdown
Lot Size Source
MPAC
Lot Type
Building
Lot Size Units
Feet
Parcel Number
185760001
Total Building Area
1049
Occupant Type
Tenant
Cross Street
Dundas & Waterdown
MLS® Number
X12890066
Listing Brokerage
RIGHT AT HOME REALTY
Postal Code
L0R 2H4
Posession Details
Flexible
Tax Amount
$10,601.43
Tax Year
2025
Property Management Company
Wilson Blanchard
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Tax Legal Description
UNIT 1, LEVEL 1, WENTWORTH STANDARD CONDOMINIUM PLAN NO. 576 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN WE1348945 CITY OF HAMILTON
Security Features
Yes