6 James Street, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business 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 $99,999 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 16.03 x 27.34 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Excellent opportunity to own and operate a profitable vape retail business in a prime, high-visibility downtown Hamilton location. Situated directly across from McMaster University CCE and beside The Standard Fine Dining Restaurant (open late), this store benefits from steady pedestrian traffic and strong surrounding anchors including Gino's Pizza, Popeyes, and Subway. A high-rise office building directly across the street adds additional daily customer flow.This easy-to-manage 402 sq. ft. retail space generates approximately $20,000 in monthly gross sales ($5,000 weekly). Monthly rent is $2,347 including TMI and HST, with utilities averaging about $250 per month. The current lease runs through 2029 with an option to renew. Flexible operating hours with no restrictions for extended hours to further boost revenue. Ideal for an entrepreneur looking to be their own boss and grow an already successful operation. Add your ideas and scale the business to the next level. A turnkey opportunity with strong fundamentals and long-term income potential.
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Pricing & Value Insights
Data-driven valuation for 6 James Street N, Hamilton, ON L8R 2J9
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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 $99,999 in Hamilton, the legal minimum down payment is $5,000 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 $725 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 $725.
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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.