309 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 $375,000 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 34.16 x 102.42 ft lot size
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Two adjacent freestanding buildings at 309 & 311 King St E are available for sale separately or together, offering a rare and exciting opportunity for investors, developers, and end-users alike. Ideally positioned along the approved future LRT route, with City Council having already given the green light to the project, this prime location offers exceptional long-term growth potential. The zoning permits a wide range of uses with potential for up to 6-storey development, plus ample rear parking. These versatile properties also present an excellent Live-in/Work opportunity, where you can operate your business on the main level while enjoying residential living upstairs. The listing price reflects the price for the 309 building, not both combined, with the flexibility to purchase individually or as a package. Property being sold "As Is, Where Is." Don't miss this incredible opportunity!
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Pricing & Value Insights
Data-driven valuation for 309 King Street E, Hamilton, ON L8N 1C1
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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 $375,000 in Hamilton, the legal minimum down payment is $18,750 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 $4,100 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 $4,100.
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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.