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.
Positioned in the heart of Hamilton's vibrant International Village BIA and within the downtown urban boundary, this 0.19-acre property offers a rare opportunity to acquire a three-storey building with 17,060 SF of above grade space, primed for transformation. Currently the building is barebones with a ground floor tenant who will vacate upon closing, the structure provides a blank canvas for a creative buyer to unlock its full potential, whether through residential conversion, mixed-use redevelopment, or a bold commercial vision. Beneath its current finishes lies a collection of character-rish features waiting to be restored, including 16-foot ceilings, original hardwood floors hidden under carpet, exposed red brick and rows of windows concealed behind steel cladding, and tin ceilings above the existing drop ceiling. The building also benefits from a full-height, dry basement with terrazzo flooring and additional tin ceilings, along with an existing elevator shaft already in place. At the rear, a garage door provides access to on-site parking for approximately 6 to 8 vehicles, a rare amenity in the downtown core. Supported by D2 zoning and access to multiple city incentive programs, including grants for residential conversion, façade improvements, and commercial fit-outs, this is a compelling value-add opportunity in one of Hamilton's fastest-evolving urban nodes.
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Age Groups
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Owners vs Renters
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Household Type
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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$9,647/mo
Mortgage (principal + interest)$7,482
Property taxFrom listing: $25,980/yr$2,165
Minimum 20% ($400,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$400,000
Ontario land transfer taxProvincial brackets, no first-time refund$36,475
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$439,275
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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