4 Newton Avenue, Hamilton, ON

$169,000
MLS#:X13411878
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of Westdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $169,000 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 12 x 84 ft lot size
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Prime Location Near McMaster University! Turnkey Greek restaurant in a busy student and residential area with strong walk-in, take-out, and delivery business. Established brand with dine-in, Uber Eats, and delivery operations in place. Features 10 seats, 1 washroom, extensive equipment, and modern leasehold improvements. Attractive lease with base rent of only $3,770/month, plus TMI, with approximately 2.5 years remaining and a 5-year renewal option. Excellent opportunity for an owner-operator to take over a fully equipped and established business. Don't Miss This Opportunity!

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date6/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
Lot Size12 × 84 Feet
CountyHamilton
Annual Tax$0

Parking & Garage

Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

Interior Features

Security Features

Community Features

Location

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4 Newton Avenue, Hamilton, ON
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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 4 Newton Avenue, Hamilton, ON L8S 1P7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

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Interest Rate5.25%
Down Payment$8,450 (5.0%)
* Minimum Canadian down payment required for this price is $8,450.
Amortization Period25 Years
Estimated Monthly Payment$957Based on a loan of $160,550 over 25 years.
Purchase Price$169,000
Loan Amount$160,550
Provincial Land Transfer Tax:$1,415
Total Estimated Closing Taxes:$1,415

About Purchasing a Home in Hamilton, ON

For a property listed at $169,000 in Hamilton, the legal minimum down payment is $8,450 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 $1,415 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 $1,415.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Westdale, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$920,627

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Canadian Martyrs
Public1355 Main Street West, Ainslie Wood East, Hamilton, Ontario, L8S 4M7
3.2
Hess Street
Public107 Hess Street North, Central, Hamilton, Ontario, L8R 2T1
5.4
Chedoke
PublicWest 27th Street, Westcliffe East, Hamilton, Ontario, L9C 4Z5
4.5
Holbrook
Public450 Sanatorium Road, Westcliffe West, Hamilton, Ontario, L9C 2B1
6.3
Mountview
Public59 Karen Crescent, Mountview, Hamilton, Ontario, L9C 5M5
5.6

Secondary Schools

Westdale
Public700 Main Street West, Westdale South, Hamilton, Ontario, L8S 1A5
6.7
Georges-P-Vanier
Public100 Macklin Street North, Westdale North, Hamilton, Ontario, L8S 3S1
7.1
St. Mary’s
Catholic146 Park Street North, Central, Hamilton, Ontario, L8R 2N2
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.