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.
An exceptional opportunity to acquire a well-established, turnkey restaurant in the heart of downtown Hamilton's vibrant International Village BIA. Seasoned is a respected casual upscale restaurant, often referred to as a hidden gem, offering an intimate dining experience, modern design, and an open-concept kitchen, making it an outstanding opportunity for an owner-operator or investor. Perfectly positioned beside Theatre Aquarius, the restaurant enjoys consistent traffic from theatre patrons, downtown professionals, residents, and visitors, with many guests walking directly from the theatre into the restaurant before performances. Located steps from restaurants, shopping, offices, hotels, public transit, and the city's entertainment district, this prime location offers exceptional visibility and year-round customer traffic. The business operates from approximately 1,175 sq. ft. of thoughtfully designed space and features an intimate dining room, an inviting outdoor patio, an open kitchen, a dedicated storage room, and two reserved parking spaces. The restaurant is licensed for 28 patrons, and the transferable liquor licence offers added value for the new owner. A long-term lease is in place through December 31, 2029, providing stability for the business. The current lease is at a monthly rental rate below today's market value, offering significant long-term savings and exceptional value for the new owner. Water is included in the monthly lease. The tenant is responsible for gas, hydro, property insurance, and applicable lease expenses. Assignment of the lease is subject to landlord approval. This is an outstanding opportunity to acquire an established restaurant with an excellent reputation, a sought-after downtown location, below-market lease rates, favourable lease terms, and a turnkey operation ready for its next chapter.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$688/mo
Mortgage (principal + interest)$688
Minimum $9,200 down for this price; the slider moves in whole percent, starting at 5%. 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$36,800
Ontario land transfer taxProvincial brackets, no first-time refund$1,565
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$41,165
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
