For saleMLS® X13751026

1575 Upper Ottawa Street, Hamilton, ON L8W 3E2

Rymal, Hamilton · Near Upper Ottawa St · View map

$1
Sale of businessType
NoneParking
$1
FreeholdNo monthly condo fee
Lot 500 x 460.9 ftThe land comes with the home

About this home

Exceptional opportunity to own a well-established Bar Burrito Franchise Restaurant in one of Hamilton's busiest locations. Successfully operating for over 5 years, this profitable restaurant enjoys a loyal customer base, and strong neighborhood presence in a high-traffic commercial area. Weekly sales are approximately $10,000 (as per Seller). Very affordable occupancy costs per month. Low franchise royalty and advertising fees. Online ordering is available through Uber Eats and Door Dash ordering platform, providing multiple revenue streams. Excellent opportunity for an owner-operator, family business, investor, or experienced restaurateur looking to acquire a profitable restaurant with stable cash flow and significant growth potential. Plenty of opportunities to increase sales through expanded marketing, catering, special events, sports nights, entertainment, and extended food promotions. Turnkey operation, repeat clientele, trained staff, and strong offering.

The home

Type
Sale of business
Lot size
500 x 460.9 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Tax year
2026
Occupancy
Owner
Possession
Flexible
Cross street
Upper Ottawa St
Neighbourhood
Rymal

More

MLS® number
X13751026

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Estimated monthly cost$0per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    1575 Upper Ottawa Street, Hamilton, ON L8W 3E2

    Rymal, Hamilton · Near Upper Ottawa St

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    Sold history

    Listing history for 1575 Upper Ottawa Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1575 Upper Ottawa Street

    Answers come straight from this home’s MLS® listing.

    How much is 1575 Upper Ottawa Street listed for, and what would it cost each month?

    1575 Upper Ottawa Street is listed for $1. With 20% down ($0), the mortgage payment would be roughly $0 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $0 a month, all in. That figure is an illustration, not a quote.

    Is 1575 Upper Ottawa Street freehold or a condo, and is there a monthly fee?

    1575 Upper Ottawa Street is a sale of business in Rymal, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 1575 Upper Ottawa Street have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 1575 Upper Ottawa Street?

    1575 Upper Ottawa Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 1575 Upper Ottawa Street, and what is the lot size?

    The lot is listed as 500 x 460.9 ft.

    How is 1575 Upper Ottawa Street heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    Where is 1575 Upper Ottawa Street?

    1575 Upper Ottawa Street is in the Rymal community of Hamilton. The nearest main intersection is Upper Ottawa St. The postal code is L8W 3E2.

    Is 1575 Upper Ottawa Street still for sale?

    Yes. It is an active listing (MLS® X13751026). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 1575 Upper Ottawa Street asking?

    Similar properties for sale nearby right now include 8 - 1575 Upper Ottawa Street at $99,000, 15 - 1575 Upper Ottawa Street at $610,000 and 1247 Main Street E at $1. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1575 Upper Ottawa Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1575 Upper Ottawa Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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