337 Gage Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Crown Point. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,699,999 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 204.5 x 126.33 ft lot size
- Convenient in/out garage included
- equipped with no central cooling and highly efficient gas forced air open heating
Description
Introducing an Exceptional Opportunity in Hamilton's Sherman Community, Strategically Located Near The Burgeoning Crown Point Area. This Substantial 20,600 Square Foot Solid Commercial Building Boasts A Rich History As A Former School And Currently Holds The Coveted M5 Zoning Classification, Permitting A Diverse Array Of Applications, Including But Not Limited To Trade School, Manufacturing, Warehousing, Production Studio, Automotive, And Truck Repairs. Within Its Walls, You'll Discover Generously-Sized Classroom Spaces Ranging From 400-800 Square Feet, As Well As A Spacious Area That Once Served As A Gymnasium And Warehouse With Convenient Outdoor Access. This Property Presents An Enticing Prospect For Investors And Entrepreneurs Seeking To Capitalize On A Prime Location And A Myriad Of Possible Business Ventures. Don't Miss Out On This Remarkable Chance To Secure A Valuable Asset And Unlock A World Of Potential. Act Now And Pave The Way To A Prosperous Future!
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Pricing & Value Insights
Data-driven valuation for 337 Gage Avenue, Hamilton, ON L8L 7A8
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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 $2,699,999 in Hamilton, the legal minimum down payment is $540,000 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 $53,975 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 $53,975.
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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.