2251 Rymal Road, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Stoney Creek Mountain. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,199,000 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 132 x 90 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Location location location!!! Absolute gold mine in this freestanding, turnkey 3600+ sqft building, offering every luxury a business owner desires! Superior east mountain location, situated amongst triple A tenants, strategically assembled on busy hwy 20, with plenty of parking, curb appeal with high traffic exposure. Already set up for immediate operation, full kitchen, with all newer equipment (see attached list) tables , chairs, and all table wear, lighting, sound equipment, point of purchase terminals, walk-in freezers, walk in coolers, smokers, out door patio equipment. Transferable liquor license. Zoning allows for many other uses!
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2251 Rymal Road, Hamilton, ON L8J 2V8
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 $1,199,000 in Hamilton, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.
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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.