230 Pritchard Road, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Hannon. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,499,900 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 100.23 x 150.32 ft lot size
- Convenient other garage included
- equipped with no central cooling and highly efficient electric forced air heating
Description
Presenting an exceptional commercial property opportunity! Owned by the first and only owner, this well-maintained property offers 7,400 total sq. ft. and was built approximately 37 years ago, standing as a recognizable part of the community ever since. Featuring below-market rents, this property offers tremendous upside potential for savvy investors looking to capitalize on its prime location and steady cash flow. The roof was completely redone early last year, providing added peace of mind, and the exterior was freshly painted approximately 3 years ago, enhancing its curb appeal. Each unit also features its own skylight, adding natural light throughout the property. Situated in an excellent location near shopping centres, major highways, and busy commercial areas, this property offers convenience and high visibility, making it a strong addition to any investment portfolio. Don't miss this rare opportunity to own a prime commercial asset with untapped potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 230 Pritchard Road, Hamilton, ON L8W 3P7
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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 $2,499,900 in Hamilton, the legal minimum down payment is $499,980 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 $48,973 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 $48,973.
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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.