1532 Ontario Street, Hamilton Township, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Rural Hamilton. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $759,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 156 x 95 ft lot size
- equipped with no central cooling and highly efficient gas forced air closed heating
Description
A great commercial investment opportunity in a high traffic location just north of Cobourg. This well maintained property is fully leased to a long term tenant, offering stable income in a highly visible corridor. The building contains approximately 2,800 square feet of fully renovated space, including modern reception, private offices, boardroom, open concept offices, a kitchenette, plus ample storage, and a two piece washroom. An attacehed garage and workshop with soaring ceilings, built in shelving, and interior access provides additional flexibility and long term value. The entire interior has been completely renovated since 2021, resulting in a modernized and refreshed space that supports strong tenant retention. Additional exterior pot lighting (2021), gas heating (2007), central air conditioning (2011), and updated electrical panel (2007), R 40 attic insulation, and updated north side windows (2016). A excellent addition to a commercial portfolio, renovated, leased and ready to earn!
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Pricing & Value Insights
Data-driven valuation for 1532 Ontario Street, Hamilton Township, ON K9A 0Y8
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About Purchasing a Home in Hamilton Township, ON
For a property listed at $759,000 in Hamilton Township, the legal minimum down payment is $50,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,655 for this transaction. As this listing is in Hamilton Township (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,655.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.