194 Kenilworth Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Homeside. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $350,000 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 2 Bathrooms
- Premium 27.06 x 100.21 ft lot size
- equipped with no central cooling and highly efficient electric forced air heating
Description
High visibility location on busy Kenilworth Ave N. Property is set up as 2 separate commercial units (presently vacant) plus one residential bachelor apartment currently rented on a month-to-month basis to a good tenant and is willing to stay. Both units with large window storefronts, full basement, separate hydro meters and on site parking directly behind property. Quick easy access to QEW, Redhill, LINC and Centre Mall. Suitable for any commercial retail or office use. Well maintained by current long term owner. Can easily be converted back to 1 large store, rent out 1 side or both. Immediate possession is available.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 194 Kenilworth Avenue N, Hamilton, ON L8H 4S2
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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 $350,000 in Hamilton, the legal minimum down payment is $17,500 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 $3,725 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 $3,725.
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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.