239 York Boulevard, 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 $229,000 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
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Excellent opportunity to acquire a well-established restaurant business in a prime, high-traffic Hamilton location. Approximately 1,800 sq. ft. with low rent, offering exceptional value with strong potential for growth. The current Indian Hakka Chinese concept has built a loyal customer base with consistent dine-in, takeout, and delivery business. Fully equipped commercial kitchen with hood system, walk-in cooler, and all essential equipment in place for a seamless transition. Comfortable dining area, efficient takeout counter, and on-site parking. Owner retiring, ideal opportunity for an owner-operator or investor. Continue the existing concept or bring your own, subject to landlord approval. Growth potential through expanded catering, delivery platform exposure, and extended hours.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 239 York Boulevard, Hamilton, ON L8R 1Y7
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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 $229,000 in Hamilton, the legal minimum down payment is $11,450 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 $2,015 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 $2,015.
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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.