979 King Street, Hamilton, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Gibson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $175,000 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 18 x 89.66 ft lot size
- Convenient other garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
365 Variety Convenience Store is a well-established, community-focused convenience retailer located on King Street East, one of Hamilton's primary arterial corridors. The store has built a loyal local customer base and holds a strong 4.2-star Google rating, with customers consistently praising the friendly staff, clean environment, and well-stocked shelves. Profitable and well-established convenience store in a prime Hamilton location with excellent two-sided visibility and strong daily foot traffic. The business offers multiple revenue streams, including beer and wine, vape products, lottery, coffee, frozen foods, ice cream, quick meals, UPS, RIA, gift cards, SIM cards, ATM, and Bitcoin services. Significant growth potential exists through expanded product offerings, targeted marketing initiatives, and an enhanced online presence. The surrounding neighbourhood is a dense, established residential community ensuring consistent walk-in traffic. The King Street corridor connects Hamilton's downtown core to the east end, providing high visibility for impulse and convenience purchases throughout the day. Nearby Anchor Stores: Tim Hortons (888 Main St. E) - 24-hour location, approx. 0.7 km away McKnight's Pharmacy (685 Main St. E) - Highly rated independent pharmacy, approx. 0.6 km away McDonald's (1268 King St. E) - 24-hour location, approx. 1.5 km east along the same corridor Metro (1161 Barton St. E) - Major full-service grocery store, approx. 2 km east RBC Royal Bank (1145 Barton St. E) - approx. 1.7 km east The store benefits from a complementary anchor ecosystem with no direct large-format competition immediately adjacent, making it a strong turn-key opportunity with established goodwill. The landlord is willing to negotiate a new lease with the successful buyer. Hours of Operation: Mon-Thu 9:00 AM-9:00 PM | Fri-Sat 9:00 AM-9:30 PM | Sun 10:00 AM-8:00 PM
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Property Summary
This commercial retail located at 979 King Street, Hamilton is currently for sale and has been available for 142 days. This property is listed at $175,000 with an estimated mortgage of $583* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 979 King Street, Hamilton is in the Gibson neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Gibson, Hamilton.
- •Desirable Commercial Retail architecture in Gibson, Hamilton
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
- Public Transit
- Subways
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Hamilton?
If you are looking for a house in Hamilton or researching Hamilton real estate for sale, this commercial retail at 979 King Street, Hamilton, ON offers an exceptional opportunity to buy a home in Hamilton, Ontario. Whether you are a first-time Hamilton home buyer or comparing active Hamilton MLS® homes for sale, working with a dedicated Hamilton buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Hamilton Buyer Budget & Costs
Estimated mortgage: $583*/month*. Estimated Ontario Land Transfer Tax: $1,475. First-time Hamilton home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Hamilton
Frequently Asked Questions about 979 King Street, Hamilton, ON
Q.What is the asking price for 979 King Street, Hamilton, ON ?
The current listing price for 979 King Street, Hamilton, ON in Gibson, Hamilton is $175,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 979 King Street, Hamilton, ON ?
979 King Street, Hamilton, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit, Subways.
Q.What security features are installed at 979 King Street, Hamilton, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Gibson, Hamilton
52 assaults (371.4/100k)
18 B&E (128.6/100k)
20 thefts (142.9/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 979 King Street E, Hamilton, ON L8M 1C3
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 $175,000 in Hamilton, the legal minimum down payment is $8,750 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 $1,475 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 $1,475.
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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.
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