323 Upper Wentworth Street, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Eastmount. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,999,999 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 80 x 130 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Located in Hamilton's desirable East Mountain neighbourhood, this exceptional mixed-use investment property sits on a 0.247-acre site along the high-exposure Upper Wentworth Street corridor, just north of Concession Street. The two-storey, multi-tenant building offers approximately 8,786 sq. ft. of gross floor area, including 4,200 sq. ft. of commercial space at grade three commercial units, with four residential apartments on the second floor featuring three two-bedroom units and one three-bedroom unit. The property benefits from excellent visibility, strong pedestrian and vehicular traffic, and convenient access to downtown Hamilton via the Sherman Cut. Surrounded by a well-established mix of residential, commercial, institutional, and recreational uses, the location is within close proximity to shopping, schools, parks, including Gage Park, public transit routes, and major transportation corridors such as the Lincoln M. Alexander Parkway and Highway 403, making it an attractive opportunity for investors seeking stable mixed-use income in a strategic Hamilton location.
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Pricing & Value Insights
Data-driven valuation for 323 Upper Wentworth Street, Hamilton, ON L9A 4T2
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About Purchasing a Home in Hamilton, ON
For a property listed at $2,999,999 in Hamilton, the legal minimum down payment is $600,000 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 $61,475 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 $61,475.
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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.