5251 Plank Road, Hamilton Township, ON
Property Highlights
Welcome to this remarkable sale of business 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 $799,000 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 61 x 148 ft lot size
- Convenient single detached garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
ENDLESS POSSIBILITES FOR THIS VARIETY/CONVENIENCE STORE! THE ONLY ONE IN A WIDE KILOMETER RADIUS. CASH FLOW CAN COME FROM LCBO, BEER STORE, TOBACCO AND VAPES, LOTTERY, POSTAL SERVICES, FIREWORKS, LIVE BAIT, CANNABIS STORE, PROPANE SALES, TAKE OUT RESTAURANT AND MORE!...OPEN 364 DAYS A YEAR! DELIVERY GARAGE AND FREIGHT LIFT TO MAKE THE BUSINESS RUN SMOOTH! A FEW STEPS FROM VACATION TRAILERS, THE LAKE AND MARINA AND ALL THE RESIDENTIAL HOMES!!! LIVE WHERE YOU WORK---GREAT SIZE APARTMENT WITH TWO BEDROOMS AND TWO FULL BATHROOMS! LONG HISTORY OF CLIENTELE.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5251 Plank Road, Hamilton Township, ON K0K 2E0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton Township, ON
For a property listed at $799,000 in Hamilton Township, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.