103 King Street, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Beasley. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,790,000 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 22.61 x 137.58 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Your chance to own one of the best restored historic buildings in downtown Hamilton! Meticulously renovated in 2019 with permits, the Old Capitol Theatre was transformed into a multi floor entertainment space. The space itself boasts 7,000 square feet of premium space over three floors, and a large double story, arched glass entranceway and steel stair case. The space can potentially be demised into multiple units. Located across the street from the Residences at the Royal Connaught, surrounded by burgeoning businesses, numerous residential projects, positioned along existing transit corridor and steps from upcoming LRT. Recent capex includes a new roof in 2025 along with new HVAC heat exchanger, gas valve, and control board. Perfect for an investment or someone looking to plant roots for their own business. Current tenant's lease runs until August 2027.
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Pricing & Value Insights
Data-driven valuation for 103 King Street E, Hamilton, ON L8N 1A9
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About Purchasing a Home in Hamilton, ON
For a property listed at $2,790,000 in Hamilton, the legal minimum down payment is $558,000 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 $56,225 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 $56,225.
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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.