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505 Kenora Avenue Hamilton ON

📍 Hamilton, Ontario L8E 3P2

$27,000,000

Active

📋 Listing Highlights

StatusActive
MLS®X12110176
ListedApr 29, 2025
Days on Market—
Property TypeCommercial
StyleIndustrial
Cross StreetNash Rd/Kenora Ave
PossessionTBD

📝 Listing Description

Prime 10.1-acre industrial site in Hamilton's Nashdale industrial corridor, just minutes from the QEW and Centennial Parkway interchange. This M5-zoned property features three freestanding buildings totaling 76,706 SF with low site coverage and significant excess land, making it ideal for investors, owner-users, and developers. The property consists of multiple individual parcels, allowing for potential severance and resale to lower the cost basis. Building A offers 27,550 SF with 15'8" clear height, 9 dock doors, and 2 drive-in bays. Building B offers 22,265 SF with 13'2" clear height, 6 drive-in doors, and 2 dock doors. Building C offers 26,891 SF with 25'7" clear height and 8 drive-in doors. With approximately 17% site coverage, there is ample room for expansion, including additional industrial buildings, truck terminals, logistics hubs, or outdoor storage. M5 zoning allows for a wide range of permitted uses, including logistics, warehousing, manufacturing, and truck parking. Nearly all tenants are on month-to-month leases, providing flexibility to offer the site almost entirely vacant or continue generating income. Multiple access points from Kenora Avenue and Nash Road North provide excellent connectivity to major transportation routes. Fully serviced with individual hydro and gas meter, a bulk water meter, gas-fired forced-air heater, and HVAC in office areas. A rare opportunity for an owner-user seeking functional industrial space with room to grow, an investor looking for a high-demand asset, or a developer aiming to maximize site coverage and long-term value.

🏠 Property Details

Property TypeCommercial
StyleIndustrial

📐 Lot & Land

Lot Width10.1 ft
Cross StreetNash Rd/Kenora Ave

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingPartial
GarageOutside/Surface

💰 Financial

List Price$27,000,000
Annual Taxes$181,935 (2025)
PossessionTBD

🧮 Mortgage Calculator

$5,400,000
Est. Monthly Payment
$132,643/mo
Principal: $21,600,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by COLLIERSData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12110176 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.