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For saleMLS® X12704896

16 Studebaker Place, Hamilton, ON L8L 8K1

Industrial Sector · L8L 8K1

$39,950,000

$283 / sq ft

9 months on market

Total area
141,012 sf
Lot
406.5 × 556 ft
Age
New years

What's special

  • Outside/surface garage
  • Partial
  • Newly built

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About this property

Owner/User Opportunity. Newly constructed 141,012 sq. ft. freestanding industrial building in Hamilton port area, built to completely modern state-of-the-art specifications and has a solar-ready rooftop. Immediate occupancy of 55,533 SF available. Excellent location provides quick access to QEW via Nikola Tesla. Strategic location offers opportunity for warehousing and distribution next to Hamilton Port Authority. Up to 3.5 acres of additional land can also be made available adjacent to the building for those users who require the extra space for open storage or trailer parking.

Property details

Property

Property type
industrial
Interior size
141,012 sq ft
Year built
New
Lot size
406.5 × 556 ft
Zoning
M6 exc 677
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$39,950,000
Price per sq ft
$283

Listing

MLS® number
X12704896
Status
For sale
Listed
January 16, 2026
Days on market
292
Last updated
June 30, 2026
Listing brokerage
LENNARD COMMERCIAL REALTY

Price & sale history

This property's sale history is hidden

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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 98% of comparable industrial listings in Hamilton are asking less.

$1Median $1.60M$9.45M
This home
$283 / 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 $7,990,000
$7,990,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$176,712.32
Estimated monthly
$176,712

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
$985,225
Total due on closing
$985,225

An estimate on the asking price of $39,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of LENNARD COMMERCIAL REALTY. 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.

$39,950,000

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Comparable sales nearby

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