601 Upper James Street, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Centremount. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $49,000 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 1 Bathroom
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Price Is Including The Store Inventory. Big Space To Add Components Like Vape or Small Take Out Restaurant. All Sales and Expenses are Clear and Verifiable Excellent opportunity to acquire a well-established convenience store located in a high-traffic, highly visible plaza with ample parking and easy access. The store is approximately 1,300 sq ft and is exceptionally clean, well-organized, and efficiently operated. Strategically positioned in a vibrant neighborhood generating strong foot traffic throughout the day. Lease terms are attractive with a 5+5 year lease in place. This is an excellent investment opportunity for the an owner operator, offering both stability and growth potential. RENT $4420 per month including water, TMI $200 per month, Commission Bitcoin $250 per month, ATM $120 per month Lotto $1100 per month. Annualized Sales $300,000.00
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 601 Upper James Street 5, Hamilton, ON L9C 2Y7
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 $49,000 in Hamilton, the legal minimum down payment is $2,450 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 $245 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 $245.
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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.