For saleMLS® X12766326

527 Upper Sherman Avenue, Hamilton, ON L8V 3L9

Raleigh, Hamilton · Near Brucedale Ave · View map

$149,000
1765Sq ft
Sale of businessType
NoneParking
$6,180/yrTaxes
$149,000
FreeholdNo monthly condo fee
Lot 19 x 93 ftThe land comes with the home

About this home

Exceptional Turnkey Opportunity - Mahal Restaurants, Hamilton Mountain Presenting a rare opportunity to own the renowned Mahal Restaurants, a community staple for over 22+ years, known for serving authentic Indian and Pakistani cuisine in the heart of Hamilton Mountain. This well-established business enjoys a loyal clientele and a stellar reputation for quality and consistency. The restaurant offers multiple revenue streams through dine-in, takeout, and a fully integrated online ordering system including Uber Eats and SkipTheDishes. No franchise fees mean full control and higher margins for the new owner. This is a turnkey operation with strong brand recognition, ideal for an entrepreneur or family looking to continue a legacy of culinary excellence. Don't miss your chance to own a profitable and beloved restaurant with deep roots in the community.

The home

Type
Sale of business
Square footage
1765 sq ft
Lot size
19 x 93 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Partial

Garage & parking

Total parking
None

Taxes & other

Property taxes
$6,180/yr
Tax year
2025
Occupancy
Owner+Tenant
Possession
Flexible
Cross street
Brucedale Ave
Neighbourhood
Raleigh

More

MLS® number
X12766326

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,116per 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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    527 Upper Sherman Avenue, Hamilton, ON L8V 3L9

    Raleigh, Hamilton · Near Brucedale Ave

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 527 Upper Sherman Avenue

    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 527 Upper Sherman Avenue

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

    How much is 527 Upper Sherman Avenue listed for, and what would it cost each month?

    527 Upper Sherman Avenue is listed for $149,000. With 20% down ($29,800), the mortgage payment would be roughly $601 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,116 a month, all in. That figure is an illustration, not a quote.

    Is 527 Upper Sherman Avenue freehold or a condo, and is there a monthly fee?

    527 Upper Sherman Avenue is a sale of business in Raleigh, 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 527 Upper Sherman Avenue 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 527 Upper Sherman Avenue?

    527 Upper Sherman Avenue is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 527 Upper Sherman Avenue, and what is the lot size?

    The lot is listed as 19 x 93 ft.

    How is 527 Upper Sherman Avenue heated and cooled?

    Heating is gas forced air open. Cooling is partial.

    What are the property taxes for 527 Upper Sherman Avenue?

    Property taxes are $6,180 a year (2025), or about $515 a month.

    Where is 527 Upper Sherman Avenue?

    527 Upper Sherman Avenue is in the Raleigh community of Hamilton. The nearest main intersection is Brucedale Ave. The postal code is L8V 3L9.

    Is 527 Upper Sherman Avenue still for sale?

    Yes. It is an active listing (MLS® X12766326). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 527 Upper Sherman Avenue asking?

    Similar properties for sale nearby right now include 293 Kenilworth Avenue N at $149,000, 3 - 1050 KING Street at $149,900 and Sale of business in Templemead at $149,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 527 Upper Sherman Avenue 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 527 Upper Sherman Avenue?

    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.

    Call Text Explore Home value

    Have questions?

    Call or text today — we're here to help.

    647-931-3923
    CallText