• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$229,000
Available - For Sale
Listing ID: X14101904
81 King Street , Hamilton, L8G 1K3, Hamilton


Rare opportunity to own a well-established restaurant in the heart of downtown Stoney Creek, surrounded by established residential neighborhoods, numerous retail shops, and steady traffic throughout the day. The restaurant features 40 seats, potential for a patio, a fully equipped chef's kitchen, and a walk in cooler and freezer. BONUS: A 4-bedroom apartment is included in the rent! Buyers have the flexibility to live on-site and operate the restaurant or continue renting out the apartment for additional income. Total Monthly Rent: $3,500 (TMI & HST Included). Apartment Rental Income: $2,500/Month. Effective Monthly Rent: Only $1,000 after rental income! Approximate Monthly Sales: $45,000-$55,000
Price $229,000
Taxes: $0.00
Tax Type: TMI
Occupancy: Tenant
Address: 81 King Street , Hamilton, L8G 1K3, Hamilton
Postal Code: L8G 1K3
Province/State: Hamilton
Directions/Cross Streets: KING ST EAST / NEW MOUNTAIN ROAD
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Restaurant
Building Percentage: T
Total Area: 1000.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 12-10
Employees #: 3
Seats: 40
Washrooms: 2
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REON HOMES REALTY INC.
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stoney Creek
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years