273 King Street, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Beasley. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $450,000 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 20 x 100 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Excellent Investment Opportunity in Prime Downtown Hamilton Location! Currently operating as a Chinese restaurant, this well-maintained commercial property offers exceptional flexibility and potential. With a seating capacity of 60, its ideal for a variety of culinary ventures or other business concepts. The building includes a functional basement with 1 bedroom and 1 bathroom perfect for staff use or additional storage. Situated in the heart of downtown, the property enjoys high pedestrian traffic and is just steps from public transit, metered parking, and major amenities. Nearby landmarks include schools, colleges, McMaster University, Jackson Square, retail shops, theaters, banks, and the GO Station. Zoned for business and brimming with potential, this is a rare opportunity to own a property in one of Hamilton's most vibrant commercial corridors. Property for sale only business not included.
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Property Summary
This commercial retail located at 273 King Street, Hamilton is currently for sale and has been available on SousaSells for 304 days. This property is listed at $450,000 with an estimated mortgage of $1,498* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 273 King Street, Hamilton is in the Beasley neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 273 King Street E, Hamilton, ON L8N 1B9
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 $450,000 in Hamilton, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.
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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.