243 Queen Street N, Hamilton, ON L8R 3N6
Strathcona, Hamilton · Near Barton St W · View map
About this home
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.
The home
- Type
- Industrial
- Square footage
- 80939 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Partial
Garage & parking
- Garage
- Covered
- Total parking
- None
Taxes & other
- Property taxes
- $198,466/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Barton St W
- Neighbourhood
- Strathcona
More
- MLS® number
- X14117936
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
243 Queen Street, Hamilton, ON L8R 3N6
Strathcona, Hamilton · Near Barton St W
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Listing history for 243 Queen Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 243 Queen Street N
Answers come straight from this home’s MLS® listing.
How much is 243 Queen Street N listed for, and what would it cost each month?
243 Queen Street N is listed for $12,250,000. With 20% down ($2,450,000), the mortgage payment would be roughly $49,413 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $65,952 a month, all in. That figure is an illustration, not a quote.
Is 243 Queen Street N freehold or a condo, and is there a monthly fee?
243 Queen Street N is a industrial in Strathcona, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 243 Queen Street N have a garage and parking?
Yes. The listing shows the garage as covered. The listing does not include a parking space.
What style of home is 243 Queen Street N?
243 Queen Street N is an industrial. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 243 Queen Street N heated and cooled?
Heating is gas forced air open. Cooling is partial.
What are the property taxes for 243 Queen Street N?
Property taxes are $198,466 a year (2026), or about $16,539 a month.
Where is 243 Queen Street N?
243 Queen Street N is in the Strathcona community of Hamilton. The nearest main intersection is Barton St W. The postal code is L8R 3N6.
Is 243 Queen Street N still for sale?
Yes. It is an active listing (MLS® X14117936). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 243 Queen Street N asking?
Similar properties for sale nearby right now include 196 King Street W at $14,000,000, 2289 Barton Street E at $9,500,000 and 353-515 Concession 11 Road E at $9,488,800. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 243 Queen Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 243 Queen Street N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Strathcona, picked by style, size and price.
Commercial retail$14,000,000196 King Street W, HamiltonCentralCourtesy of: RE/MAX WEST REALTY INC.View home →
Industrial$9,500,0002289 Barton Street E, HamiltonNashdaleCourtesy of: MII REALTY POINTView home →
Land$9,488,800353-515 Concession 11 Road E, HamiltonFreeltonCourtesy of: RE/MAX REALTY SERVICES INC.View home →Courtesy of: REAL BROKER ONTARIO LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.