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.
365 Variety Convenience Store is a well-established, community-focused convenience retailer located on King Street East, one of Hamilton's primary arterial corridors. The store has built a loyal local customer base and holds a strong 4.2-star Google rating, with customers consistently praising the friendly staff, clean environment, and well-stocked shelves. Profitable and well-established convenience store in a prime Hamilton location with excellent two-sided visibility and strong daily foot traffic. The business offers multiple revenue streams, including beer and wine, vape products, lottery, coffee, frozen foods, ice cream, quick meals, UPS, RIA, gift cards, SIM cards, ATM, and Bitcoin services. Significant growth potential exists through expanded product offerings, targeted marketing initiatives, and an enhanced online presence. The surrounding neighbourhood is a dense, established residential community ensuring consistent walk-in traffic. The King Street corridor connects Hamilton's downtown core to the east end, providing high visibility for impulse and convenience purchases throughout the day. Nearby Anchor Stores: Tim Hortons (888 Main St. E) - 24-hour location, approx. 0.7 km away McKnight's Pharmacy (685 Main St. E) - Highly rated independent pharmacy, approx. 0.6 km away McDonald's (1268 King St. E) - 24-hour location, approx. 1.5 km east along the same corridor Metro (1161 Barton St. E) - Major full-service grocery store, approx. 2 km east RBC Royal Bank (1145 Barton St. E) - approx. 1.7 km east The store benefits from a complementary anchor ecosystem with no direct large-format competition immediately adjacent, making it a strong turn-key opportunity with established goodwill. The landlord is willing to negotiate a new lease with the successful buyer. Hours of Operation: Mon-Thu 9:00 AM-9:00 PM | Fri-Sat 9:00 AM-9:30 PM | Sun 10:00 AM-8:00 PM
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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$1,116/mo
Mortgage (principal + interest)$655
Property taxFrom listing: $5,539/yr$462
Minimum $8,750 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$35,000
Ontario land transfer taxProvincial brackets, no first-time refund$1,475
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$39,275
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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