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For saleMLS® X12676044

190 Hempstead Drive, Hamilton, ON L8W 2E3

Rymal · L8W 2E3

$5,425,000

$302 / sq ft

10 months on market

Bathrooms
3
Total area
17,976 sf
Lot
121.28 × 242.53 ft
Age
31-50 years

What's special

  • Yes

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About this property

PRICED FOR IMMEDIATE ACTION! Rare opportunity to acquire a fully equipped food manufacturing and cold storage industrial facility in Hamilton's established industrial core. This approx 18,000 sq. ft. building is offered with both land and building included and features M3 zoning, supporting a wide range of industrial uses. The facility includes 4 grade-level man doors and 3 shipping doors, providing excellent functionality for production, shipping, and receiving. Purpose-built for food manufacturing and processing, the property offers approximately 3,000 sq. ft. of freezer space, 760 sq. ft. of coolers, and a 265 sq. ft. blast freezer. The building holds a Global Food Safety Initiative (GFSI) certification, allowing for immediate operational use and reduced regulatory timelines. Strategically located with convenient access to major transportation routes, this is a rare turnkey opportunity for food manufacturers, owner-operators, or investors in one of Hamilton's most sought-after industrial areas. Phase 1 of the ESA is completed, please view in supplements.

Property details

Property

Property type
industrial
Bathrooms
3
Interior size
17,976 sq ft
Year built
31-50
Lot size
121.28 × 242.53 ft
Zoning
M3
Possession
60-120 Days

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Other
Sewer
Sanitary+Storm

Costs

List price
$5,425,000
Property taxes
$41,326 / year (2026)
Price per sq ft
$302

Listing

MLS® number
X12676044
Status
For sale
Listed
January 8, 2026
Days on market
301
Last updated
October 28, 2026
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 81% of comparable industrial listings in Hamilton are asking less.

$1Median $1.60M$10.40M
This home
$302 / sq ft
Comparable median
$280 / sq ft

Based on 52 comparable active industrial listings in Hamilton. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,085,000
$1,085,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$23,996.60
Property tax (est.)
$3,443.83
Estimated monthly
$27,440

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$122,100
Total due on closing
$122,100

An estimate on the asking price of $5,425,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$5,425,000

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