1508 UPPER JAMES Street, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Mewburn. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $385,000 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
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
LOCATION! LOCATION! LOCATION! Are you looking for an established and successful dine-in restaurant? look no further, I've got the perfect opportunity for you! This fabulous Mediterranean Grill has been in operation for decades and the operator has done an excellent job maintaining the place with high level of quality in their food, customer service and overall atmosphere and experience. LITERALLY one of the BEST locations in Hamilton; Upper James! The location itself brings in a HIGH VOLUME of traffic in terms of vehicles and pedestrians. It is surrounded by many anchor Tenants which compliments the business extremely well. There is LOTS of parking in front of the restaurant and it also offers a backdoor for easy access for deliveries. There is extra storage and an office area in the Upper Level of the restaurant. Best of all, its GREAT RENT allows you to minimize your overhead costs making it more desirable to run the operations and experience a higher level of return. These well established and busy businesses rarely come to market especially being located in one of the busiest streets in Hamilton. With a high level of seating capacity, cafe area, and an open and bright atmosphere, this maybe just the business of your dreams! Please do not go direct.
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Property Summary
This sale of business located at 1508 UPPER JAMES Street, Hamilton is currently for sale and has been available for 5 days. This property is listed at $385,000 with an estimated mortgage of $1,282* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1508 UPPER JAMES Street, Hamilton is in the Mewburn 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 Mewburn, Hamilton.
- •Desirable Sale Of Business architecture in Mewburn, 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
None listed
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 1508 UPPER JAMES 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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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: $1,282*/month*. Estimated Ontario Land Transfer Tax: $4,250. 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 1508 UPPER JAMES Street, Hamilton, ON
Q.What is the asking price for 1508 UPPER JAMES Street, Hamilton, ON ?
The current listing price for 1508 UPPER JAMES Street, Hamilton, ON in Mewburn, Hamilton is $385,000.
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 1508 UPPER JAMES Street, Hamilton, ON ?
1508 UPPER JAMES Street, Hamilton, ON is a Sale Of Business () featuring a basement.
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
Mewburn, Hamilton
23 assaults (45.0/100k)
11 B&E (40.0/100k)
15 thefts (45.0/100k)
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 1508 UPPER JAMES Street, Hamilton, ON L9B 1K3
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 $385,000 in Hamilton, the legal minimum down payment is $19,250 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 $4,250 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 $4,250.
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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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