12 Duke Street, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Durand. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $79,999 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 39.61 x 59.9 ft lot size
- Convenient street garage included
- equipped with yes central cooling and highly efficient other heating
Description
Exceptional Sale of Business Opportunity in the heart of Downtown Hamilton! This versatile commercial space offers incredible potential for a wide range of businesses under favorable C5 Zoning, providing minimum restrictions and maximum flexibility. Ideal for entrepreneurs, investors, and owner-operators looking for a turnkey opportunity with low rent and high growth potential. Suitable for Retail, Professional Office, Health & Beauty, Medical or Non-Medical Clinics, Dental & Dental Hygiene Practices, RMT, Physiotherapy, Massage Centres, Cosmetics & Aesthetics Businesses, Beauty Salons, Hair Salons, Nail Spas, Tanning Spas, Fitness Studios, Employment Agencies, Courier & Shipping Services (UPS, FedEx, DHL),Schools, Music & Art Schools, Printing & Copy Services, Photography Studios, Clothing & Apparel Showrooms, Auto Parts & Automotive-Related Businesses, Drapery & Blinds Showrooms, Café, Coffee Shops, Restaurants, Place of Worship, and many other service-based businesses. Currently configured as a brand-new cosmetics/aesthetics business, featuring all new equipment that has never been used, offering a fully equipped turnkey setup ready for immediate operation. Prime downtown location surrounded by offices, businesses, and residential developments, benefiting from strong foot traffic and a large pool of local corporate employees. An outstanding opportunity to establish or expand your business in one of Hamilton's most dynamic commercial corridors. Business Only - Property Not Included. Don't miss this rare opportunity.
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Pricing & Value Insights
Data-driven valuation for 12 Duke Street 1, Hamilton, ON L8P 1X1
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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 $79,999 in Hamilton, the legal minimum down payment is $4,000 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 $525 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 $525.
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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.