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  • Sold
Fully Stabilized Neighbourhood Mixed Use Plaza on 1.06 acres - #1
Fully Stabilized Neighbourhood Mixed Use Plaza on 1.06 acres - #2
Fully Stabilized Neighbourhood Mixed Use Plaza on 1.06 acres - #3
Fully Stabilized Neighbourhood Mixed Use Plaza on 1.06 acres - #4
Fully Stabilized Neighbourhood Mixed Use Plaza on 1.06 acres - #5
Colliers has been retained to arrange the sale of 232 Governors Road, a 21,296 SF mixed-use (residential and retail) building located in the Dundas community of Hamilton. The property presents a unique opportunity to acquire a stabilized plaza with significant upside in re-leasing the residential tenants on turnover (approximately 42% below market).

Located on 46,609 SF of land at the corner of Creighton Rd and Governors Rd, the building has undergone recent capital expenditures, including: 2020 roof repairs, an HVAC unit replacement and the parking lot replaced in 2019. Situated in the affluent community of Dundas, the property is within 500 meters of a secondary school, across the street from two retirement homes and a 7 minute drive from McMaster University. This is a rare opportunity to take ownership of a well-located property with demonstrated financial strength and high potential for increased value without having to make significant capital improvements.
Area Size
Building 21,296 SF
  • 07-07-2021
  • 232 Governors Road