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 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.
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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$4,078/mo
Mortgage (principal + interest)$3,741
Property taxFrom listing: $4,051/yr$338
Minimum $74,990 down for this price; the slider moves in whole percent, starting at 8%. 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$199,980
Ontario land transfer taxProvincial brackets, no first-time refund$16,473
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$219,253
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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