516 Centennial Parkway, Unit 4, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Stoney Creek. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $225,000 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 459.51 x 925.42 ft lot size
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
An excellent opportunity to acquire a well-established Mediterranean restaurant located at 516 Centennial Parkway N, Hamilton in the highly desirable Stoney Creek area. Strategically situated in a busy Smart Centre plaza anchored by major tenants including Walmart, McDonalds, Five Guys, Shoeless Joes, South Indian restaurant, Dollar Store, Healthy planet and other strong retailers, ensuring high foot traffic and excellent visibility . This modern restaurant is only 3 years old, featuring well-maintained equipment and leasehold improvements, and operates as a fully turnkey business. The location enjoys strong and consistent sales along with an impressive 4.5-star Google rating, reflecting its loyal customer base and strong brand presence. Ideal opportunity for owner-operators, family operators, or investors looking to step into an established franchise with growth potential. Attractive price point with significant opportunity to further increase revenue through extended hours, catering, and delivery platforms. Favorable lease terms with 5 years remaining and two renewal options of 4 years each. Low rent of $5,063.50 plus TMI. Do not miss this chance to own a successful Mediterranean restaurant in a high-traffic retail plaza.
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Property Summary
This sale of business located at 516 Centennial Parkway, Hamilton is currently for sale and has been available for 150 days. This property is listed at $225,000 with an estimated mortgage of $749* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 516 Centennial Parkway, Hamilton is in the Stoney Creek 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 Stoney Creek, Hamilton.
- •Desirable Sale Of Business architecture in Stoney Creek, 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
None listed
Community Features
- Major Highway
- Public Transit
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 sale of business at 516 Centennial Parkway, Unit 4, 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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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Hamilton realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Hamilton Buyer Budget & Costs
Estimated mortgage: $749*/month*. Estimated Ontario Land Transfer Tax: $1,975. 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 516 Centennial Parkway, Unit 4, Hamilton, ON
Q.What is the asking price for 516 Centennial Parkway, Unit 4, Hamilton, ON ?
The current listing price for 516 Centennial Parkway, Unit 4, Hamilton, ON in Stoney Creek, Hamilton is $225,000.
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 516 Centennial Parkway, Unit 4, Hamilton, ON ?
516 Centennial Parkway, Unit 4, Hamilton, ON is a Sale Of Business () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway, Public Transit.
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
Stoney Creek, Hamilton
45 assaults (62.5/100k)
26 B&E (36.1/100k)
42 thefts (58.3/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 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 516 Centennial Parkway N 4, Hamilton, ON L8E 0G2
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 $225,000 in Hamilton, the legal minimum down payment is $11,250 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 $1,975 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 $1,975.
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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.
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