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.
LIVE. WORK. INVEST. A rare opportunity on King St E offering a beautifully updated residential space paired with an established commercial storefront. The approximately 560 sq. ft. commercial unit has been home to hair stylists for 30+ years and is currently leased month-to-month to a successful salon at $1,100/month + hydro. The approximately 1,068 sq. ft. residential unit features 2 bedrooms, 2 bathrooms and a bright, inviting layout across two levels. Both spaces were renovated in 2023, including new flooring, updated kitchen and bathroom cabinetry, new toilets, fresh paint and a wall removal in the living room that created a more open feel. The residential space showcases a stylish kitchen, comfortable living area and bright upper-level rooms, including a versatile office/bedroom space. A full basement provides additional storage potential. The property also features a roof reshingled in 2026, a detached garage, owned furnace, A/C and hot water heater, plus C2 commercial zoning. Conveniently located on King St E with easy access to major routes including the QEW, 407 and Red Hill Valley Parkway. Whether you're looking to operate your business, generate rental income or enjoy the convenience of a live/work property, this versatile offering deserves your attention.
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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$2,680/mo
Mortgage (principal + interest)$2,233
Property taxFrom listing: $5,362/yr$447
Minimum $34,700 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. 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$119,400
Ontario land transfer taxProvincial brackets, no first-time refund$8,415
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$130,615
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.
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