$999,900 - 9056 Airport Road, Hamilton
Commercial for Sale in Hamilton
90 days on marketNeighbourhood: Mount Hope
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- MLS Number
- X13546012
- Property Type
- Commercial
- Status
- active
- Days on Site
- 90
- Bedrooms
- 3
- Bathrooms
- 0
- Square Feet
- 1,420 sqft
- Neighbourhood
- Hamilton
- Taxes (2025)
- $4,051
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY just 1 km from Hamilton International Airport. Set on an expansive half-acre, double-wide 132 x 165 ft. lot, this exceptional property offers outstanding future potential in one of Hamilton's most important employment and transportation corridors. C6 zoning permits a range of retail and service commercial uses while allowing the existing residential use, creating opportunities for redevelopment, severance for commercial purposes, investment or a unique live/work scenario. The property offers excellent on-site capacity with parking for 8+ vehicles, a detached garage/office and substantial open land. Hamilton International Airport operates 24/7 with 10,000+ ft. of runway and no landing curfews, and the surrounding area is home to major logistics and distribution operations including Cargojet, Purolator, Canada Post, UPS, DHL and the Amazon Canada Fulfillment Centre. Adding immediate usability and value to the property is a beautifully renovated 3-bedroom, 2-bath home featuring stylish modern finishes, an impressive kitchen with 10-ft. island, family room, main-floor laundry/mudroom and generous utility/workshop space. Upstairs are three bedrooms, including a spacious primary with walk-in closet and ensuite, plus a private balcony overlooking the rear grounds. A rare opportunity to acquire a substantial C6-zoned property with an existing residence, commercial flexibility and significant long-term potential immediately adjacent to Hamilton International Airport.
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mount Hope
Mount Hope is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mount Hope
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mount Hope offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
9056 Airport Road, Hamilton
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $704/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 90 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Hamilton transactions.