162 King William Street, Unit 102, Hamilton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Beasley. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $184,000 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 234.45 x 103.98 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
An exceptional opportunity to acquire a well-established, turnkey restaurant in the heart of downtown Hamilton's vibrant International Village BIA. Seasoned is a respected casual upscale restaurant, often referred to as a hidden gem, offering an intimate dining experience, modern design, and an open-concept kitchen, making it an outstanding opportunity for an owner-operator or investor. Perfectly positioned beside Theatre Aquarius, the restaurant enjoys consistent traffic from theatre patrons, downtown professionals, residents, and visitors, with many guests walking directly from the theatre into the restaurant before performances. Located steps from restaurants, shopping, offices, hotels, public transit, and the city's entertainment district, this prime location offers exceptional visibility and year-round customer traffic. The business operates from approximately 1,175 sq. ft. of thoughtfully designed space and features an intimate dining room, an inviting outdoor patio, an open kitchen, a dedicated storage room, and two reserved parking spaces. The restaurant is licensed for 28 patrons, and the transferable liquor licence offers added value for the new owner. A long-term lease is in place through December 31, 2029, providing stability for the business. The current lease is at a monthly rental rate below today's market value, offering significant long-term savings and exceptional value for the new owner. Water is included in the monthly lease. The tenant is responsible for gas, hydro, property insurance, and applicable lease expenses. Assignment of the lease is subject to landlord approval. This is an outstanding opportunity to acquire an established restaurant with an excellent reputation, a sought-after downtown location, below-market lease rates, favourable lease terms, and a turnkey operation ready for its next chapter.
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Property Summary
This sale of business located at 162 King William Street, Hamilton is currently for sale and has been available on SousaSells for 45 days. This property is listed at $184,000 with an estimated mortgage of $612* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 162 King William Street, Hamilton is in the Beasley 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 Beasley, Hamilton.
- •Desirable Sale Of Business architecture in Beasley, 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.
Frequently Asked Questions about 162 King William Street, Unit 102, Hamilton, ON
Q.What is the asking price for 162 King William Street, Unit 102, Hamilton, ON ?
The current listing price for 162 King William Street, Unit 102, Hamilton, ON in Beasley, Hamilton is $184,000.
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 162 King William Street, Unit 102, Hamilton, ON ?
162 King William Street, Unit 102, 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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Open in Google MapsNeighborhood Safety & Crime Analytics
Beasley, 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) × 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 162 King William Street 102, Hamilton, ON L8R 3N9
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 $184,000 in Hamilton, the legal minimum down payment is $9,200 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 $1,565 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 $1,565.
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