243 Queen Street N, Hamilton, ON L8R 3N6
Strathcona · L8R 3N6
$12,250,000
$151 / sq ft1 weeks on market
- Total area
- 80,939 sf
- Lot
- 467.9 × 0 ft
What's special
- Covered garage
- Partial
About this property
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 four cranes: one 45-ton, two 30-ton and one 5-ton. 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.
Property details
Property
- Property type
- industrial
- Interior size
- 80,939 sq ft
- Zoning
- D2, P5
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Partial
Exterior & services
- Garage
- Covered
Costs
- List price
- $12,250,000
- Property taxes
- $198,466 / year (2026)
- Price per sq ft
- $151
Listing
- MLS® number
- X14117936
- Status
- For sale
- Listed
- October 26, 2026
- Days on market
- 9
- Last updated
- October 26, 2026
- Listing brokerage
- REAL BROKER ONTARIO LTD.
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 92% of comparable industrial listings in Hamilton are asking less.
- This home
- $151 / sq ft
- Comparable median
- $284 / sq ft
Based on 52 comparable active industrial listings in Hamilton. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $54,185.88
- Property tax (est.)
- $16,538.83
- Estimated monthly
- $70,725
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
- $292,725
- Total due on closing
- $292,725
An estimate on the asking price of $12,250,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REAL BROKER ONTARIO LTD.. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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