125 Gailmont Drive, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Corman. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,599,999 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 110.25 x 131 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Rare Investment Opportunity - Established Mixed-Use Retail Plaza in Hamilton's East End. A rare opportunity to acquire a highly visible, established mixed-use retail plaza in prime East Hamilton. Situated on a high-traffic arterial road with outstanding visibility, just one minute from the Red Hill Valley Parkway and directly on a major bus route, this property offers extreme retail exposure and unbeatable convenience for commuters and local shoppers alike.The plaza features 20+ on-site parking spaces plus ample free street parking. With main floor and lower-level units occupied primarily by long-term, solid tenants and nearly fully leased, the asset delivers stable, immediate cash flow from day one.Strong Upside Potential: Take advantage of Hamilton's ongoing growth with opportunities to expand the existing footprint or redevelop in height. Whether you're an investor seeking value-add or a developer looking for intensification, this is a compelling opportunity.
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Pricing & Value Insights
Data-driven valuation for 125 Gailmont Drive, Hamilton, ON L8K 4B8
Based on 0 recent similar sales in the pocket.
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 $2,599,999 in Hamilton, the legal minimum down payment is $520,000 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 $51,475 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 $51,475.
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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.