The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Available for sale on the market for the first time, 1444 Sandhill Drive, a purpose built greenhouse, laboratory & production facility, in the Hamilton market. This property is well suited for a multitude of use types, such as food & beverage production, laboratories, greenhouses, as well as research & development. It's for users looking for well planned space, that can skip the long development and buildout process, & benefit from a user built property that has thought of many of the necessities for running operations in the medical industry. High 3-phase amperage is also available, a luxury in today's market. The property is fenced & gated, has camera/fob/additional security throughout, & has room in the rear of the property for outdoor storage, while still keeping the drive-in & dock door accessible for deliveries. Inside, there are well finished offices, a lunchroom for staff, two staging areas on the first floor on either side of the four production rooms & multiple accessory rooms. Upstairs, there are six production rooms & additional accessory rooms, as well as access to the freight elevator with a weight capacity 1,678 kg, connecting to the shipping area. The Ancaster Business Park has great proximity to Hamilton, a key innovation & fulfillment area, while also being minutes to Highway 403, leading to the Greater Toronto, Waterloo and Brantford areas. HSR public transit is around the corner.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$42,394/mo
Mortgage (principal + interest)$39,280
Property taxFrom listing: $37,373/yr$3,114
Minimum 20% ($2,100,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$2,100,000
Ontario land transfer taxProvincial brackets, no first-time refund$248,975
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$2,351,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
