504 Kenora Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Nashdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $8,500,000 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 6 Bathrooms
- Premium 200.6 x 239.98 ft lot size
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Opportunity to acquire a 41,154 SF industrial building near the junction of the QEW, Red Hill Pkwy. The property is situated on a corner lot with great visibility. It includes 31,332 SF of warehouse space, 9,832 SF of office space over two (2) floors, seven (7) dock level doors, and one (1) drive-in door. Building was previously used as a refrigerated warehouse and distribution, with some space being heavily insulated with 32' clear and currently used as a bottling facility.
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Pricing & Value Insights
Data-driven valuation for 504 Kenora Avenue, Hamilton, ON L8E 3X8
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 $8,500,000 in Hamilton, the legal minimum down payment is $1,700,000 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 $198,975 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 $198,975.
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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.