1575 Upper Ottawa Street, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Rymal. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $225,000 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
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
CAN BE CONVERTED INTO OTHER CONCEPT. Currently DOSA EATERY business in HAMILTON is For Sale. Located at the intersection of Upper Ottawa St/Rymal Rd E. Surrounded by Fully Residential Neighbourhood, Office Buildings, close to Hwy 403, Schools, Lots of foot traffic, busy area and much more. Great business that with Good Sales, Long Lease and so much opportunity to grow the business even more. Rent: $7283/m including TMI & HST, Lease: Existing 10 years option to renew, Store Area: Approx. 1963sqft.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1575 Upper Ottawa Street 8, Hamilton, ON L8W 3E2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $225,000 in Hamilton, the legal minimum down payment is $11,250 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 $1,975 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,975.
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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.