109 Portia Drive, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Ancaster. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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 379.76 x 284.47 ft lot size
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Prime Retail Investment Opportunity. A rare opportunity to acquire a fully occupied, income-producing retail asset in one of Ancaster's most prominent commercial nodes. Situated on 2.487 acres at the signalized intersection of Portia Drive and Wilson Street West, this property offers 18,200 SF of net leasable area across two modern buildings (constructed 2017 and 2020). Shadow anchored by Walmart, Canadian Tire, Longo's, and RONA+, the site benefits from exceptional visibility, strong consumer traffic, and up to 134 surface parking stalls. The site offers a 6,000 SF pad development opportunity for immediate value-add potential. This asset is ideally positioned for investors seeking stable current income with meaningful long-term growth. Located within 60 minutes of Toronto, and the US Border, 109 Portia Drive represents a compelling acquisition in a supply-constrained retail market. *PLEASE CONTACT LA FOR OFFERING PROCESS*
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Pricing & Value Insights
Data-driven valuation for 109 Portia Drive, Hamilton, ON L9G 3K9
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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 $1 in Hamilton, the legal minimum down payment is $0 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 $0 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 $0.
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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.