227 John Street, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Stinson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,588,666 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 107.35 x 148.37 ft lot size
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Located in the middle of Hamilton's emerging central district, this property lies in a future development corridor and benefits from high-priority "H" zoning for redevelopment. It remains grandfathered as a functioning auto body business (repair, sales & wash) according to recent zoning checks. Environmental report shows good standing. The well-kept building is roughly 5,665 sq. ft. and currently houses automotive repair operations and its month to month, we also can sign long term lease or give notice to vacate for new owner.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 227 John Street N, Hamilton, ON L8L 4P4
Based on 0 recent similar sales in the pocket.
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 $1,588,666 in Hamilton, the legal minimum down payment is $317,733 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 $28,248 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 $28,248.
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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.