101 Osler Drive, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Dundas. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $198,000 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 3 Bathrooms
- Premium 16 x 100 ft lot size
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Located in University Plaza, directly west of McMaster U and surrounded by established residential areas. Close to major transit routes & Hwy 403, ensuring high foot traffic. Operating for 20 years, this 1,600 sq. ft. restaurant offers both dine-in & take-out with 30 seats. Features a commercial kitchen, 20-ft exhaust fan, 2 walk-in fridges, 3 washrooms, & additional equipment. Ample parking available. Open 7 days/week, 11:00 AM - 9:30 PM. Rent: $7,400 (incl. TMI & HST). Monthly sales approx. $73,500, with a sizable profit after deducting the owner's $6,000 salary. Seller Selling Due To Health Reasons. Only Chinese restaurant in the plaza. Stable business with potential for conversion to another cuisine. ** All business-related information, including but not limited to business numbers, is provided by the Seller and has not been verified by the Listing Brokerage
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Pricing & Value Insights
Data-driven valuation for 101 Osler Drive 106, Hamilton, ON L9H 4H4
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About Purchasing a Home in Hamilton, ON
For a property listed at $198,000 in Hamilton, the legal minimum down payment is $9,900 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 $1,705 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 $1,705.
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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.