210 Mohawk Road, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Greeningdon. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $399,000 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
- Premium 253.16 x 304.51 ft lot size
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Independent convenience store with Hasty Market licensing agreement, established location for over 20 years with sales of $1,000,000 a year + 6/49 Lottery commission of over $70k a year + other income of $10k a year. Open 7 am - 11 pm. Easy one person operation. Cigarette & Tobacco sales only 30% of revenue + Beer & Wine sales over $280,000 a year & growing with high margins. Lease 3+5. Gross rent including TMI 11,300/month. Seller's discretionary income potential $150-200k/year. Potential to increase sales with a 24hrs operation and additional expansion of Beer & Wine section, and a vape store.
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Pricing & Value Insights
Data-driven valuation for 210 Mohawk Road E, Hamilton, ON L9A 2H6
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 $399,000 in Hamilton, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.
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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.