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.
Prime Downtown Hamilton Commercial Opportunity with Exceptional Development Potential. Positioned in the heart of downtown Hamilton, this prominent commercial property presents a rare opportunity for investors, developers, and owner-operators alike. Currently operating as a successful restaurant, the property benefits from excellent visibility, strong pedestrian traffic, and a vibrant urban setting surrounded by residential, commercial, and entertainment amenities. The property's highly desirable Downtown Mixed Use (D3) zoning provides tremendous flexibility for future use and redevelopment. The D3 designation permits a broad range of high-density, pedestrian-oriented developments, including residential apartments, mixed-use buildings, office space, retail establishments, hotels, restaurants, entertainment venues, and a variety of commercial uses. Whether you're looking to operate a restaurant, establish a new business, expand your investment portfolio, or capitalize on Hamilton's ongoing downtown revitalization through redevelopment, this property offers outstanding potential. Located within one of the city's most dynamic growth corridors, it provides convenient access to public transit, major transportation routes, and a growing residential population. An exceptional opportunity to acquire a versatile downtown asset in one of Hamilton's most sought-after urban locations.
Demographic data is not available for this area yet.
Population—
Median household income—
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Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
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$6,714/mo
Mortgage (principal + interest)$5,050
Property taxFrom listing: $19,966/yr$1,664
Minimum $110,000 down for this price; the slider moves in whole percent, starting at 9%. 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$270,000
Ontario land transfer taxProvincial brackets, no first-time refund$23,475
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$296,275
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.
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.
