1120 UPPER SHERMAN Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Thorner. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $249,900 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
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
TURNKEY GROCERY STORE & BUTCHER SHOP OPPORTUNITY! Exceptional opportunity to acquire a well- established 2-in-1 grocery store and meat/butcher shop in a high-demand location. Offering approximately 3,287 sqft. of functional space, this business is perfectly set up for both retail and food service operations. The premises include a fully equipped butcher shop approved for takeout restaurant use, complete with a commercial kitchen hood, allowing for immediate expansion into hot food, takeout, or catering services. Ideal for owner-operators or investors seeking multiple income streams under one roof. Affordable gross rent of $ 7,600/month (including HST) makes this an attractive opportunity with strong upside potential. Efficient layout supports grocery retail, meat processing, and prepared food operations. Perfect for expanding an existing brand or launching a new concept in a growing market. Don't miss this versatile, income- generating opportunity!
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Pricing & Value Insights
Data-driven valuation for 1120 UPPER SHERMAN Avenue, Hamilton, ON L8W 3W1
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About Purchasing a Home in Hamilton, ON
For a property listed at $249,900 in Hamilton, the legal minimum down payment is $12,495 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 $2,224 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 $2,224.
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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.