For saleMLS® X13781936

8 - 1575 Upper Ottawa Street, Hamilton, ON L8W 3E2

Rymal, Hamilton · Near Upper Ottawa St/Rymal Rd E · View map

$99,000
2Baths
1960Sq ft
Sale of businessType
NoneParking
$99,000
FreeholdNo monthly condo fee

About this home

Excellent opportunity to own and operate a well-established restaurant in Hamilton! Currently operating as a South Indian cuisine restaurant, this versatile space offers the flexibility for a **change of use** and can accommodate a variety of food concepts. Little under 2,000 sq. ft. with approximately **44 seats**, a **14-ft commercial hood**, **walk-in cooler and freezer**, and a fully equipped professional kitchen. Ideal for an experienced operator looking to start or expand a restaurant business without the need for major equipment investment. **Long-term lease available** with rent of approximately **$7,283/month including HST and TMI**. Great opportunity in a flexible, turnkey restaurant space.

The home

Type
Sale of business
Square footage
1960 sq ft
Bathrooms
2

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Tax year
2026
Occupancy
Vacant
Possession
Immediate
Cross street
Upper Ottawa St/Rymal Rd E
Neighbourhood
Rymal

More

MLS® number
X13781936

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$461per 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/Rymal Rd E

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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 8 - 1575 Upper Ottawa Street

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

    How much is 8 - 1575 Upper Ottawa Street listed for, and what would it cost each month?

    8 - 1575 Upper Ottawa Street is listed for $99,000. With 20% down ($19,800), the mortgage payment would be roughly $399 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $461 a month, all in. That figure is an illustration, not a quote.

    Is 8 - 1575 Upper Ottawa Street freehold or a condo, and is there a monthly fee?

    8 - 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 8 - 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 8 - 1575 Upper Ottawa Street?

    8 - 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 is 8 - 1575 Upper Ottawa Street heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    Where is 8 - 1575 Upper Ottawa Street?

    8 - 1575 Upper Ottawa Street is in the Rymal community of Hamilton. The nearest main intersection is Upper Ottawa St/Rymal Rd E. The postal code is L8W 3E2.

    Is 8 - 1575 Upper Ottawa Street still for sale?

    Yes. It is an active listing (MLS® X13781936). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 8 - 1575 Upper Ottawa Street asking?

    Similar properties for sale nearby right now include 1575 Upper Ottawa Street at $1, 15 - 1575 Upper Ottawa Street at $610,000 and 3 - 2070 Rymal Road E at $92,000. 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 8 - 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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