2 King Street, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Central. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $225,000 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
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Turnkey Alterations & Retail Business for Sale - Prime Downtown Hamilton LocationFantastic opportunity to own a well-established alterations and retail business in the heart of downtown Hamilton, located inside Jackson Square. T&T Alterations has been successfully operated by the owner since 2012, with a strong presence in the area and a loyal, repeat customer base.Now operating from this high-traffic location since January 2024, the business continues to grow and evolve. Services include everyday clothing alterations, custom bridal and formalwear, along with an expanding retail component featuring bridal and occasion dresses for sale or rent-a key driver of recent growth.Includes all equipment and inventory for a seamless, turnkey transition, plus 50 hours of training and support from the current owner.Excellent growth potential with opportunities to expand retail offerings, add dry cleaning services, or scale marketing efforts in a rapidly developing downtown core.
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Pricing & Value Insights
Data-driven valuation for 2 King Street W 232, Hamilton, ON L8P 1A1
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About Purchasing a Home in Hamilton, ON
For a property listed at $225,000 in Hamilton, the legal minimum down payment is $11,250 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 $1,975 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 $1,975.
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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.