1508 UPPER JAMES Street, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Mewburn. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $465,000 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
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
LOCATION! LOCATION! LOCATION! Are you looking for an established and successful dine-in restaurant? look no further, I've got the perfect opportunity for you! This fabulous Mediterranean Grill has been in operation for decades and the operator has done an excellent job maintaining the place with high level of quality in their food, customer service and overall atmosphere and experience. LITERALLY one of the BEST locations in Hamilton; Upper James! The location itself brings in a HIGH VOLUME of traffic in terms of vehicles and pedestrians. It is surrounded by many anchor Tenants which compliments the business extremely well. There is LOTS of parking in front of the restaurant and it also offers a backdoor for easy access for deliveries. There is extra storage and an office area in the Upper Level of the restaurant. Best of all, its GREAT RENT allows you to minimize your overhead costs making it more desirable to run the operations and experience a higher level of return. These well established and busy businesses rarely come to market especially being located in one of the busiest streets in Hamilton. With a high level of seating capacity, cafe area, and an open and bright atmosphere, this maybe just the business of your dreams! Please do not go direct.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1508 UPPER JAMES Street, Hamilton, ON L9B 1K3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
Configure Loan Settings
About Purchasing a Home in Hamilton, ON
For a property listed at $465,000 in Hamilton, the legal minimum down payment is $23,250 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 $5,775 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 $5,775.
Nearby Listings
No current listings found in Hamilton.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Mewburn, Hamilton.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.