For saleMLS® X14101904

81 King Street, Hamilton, ON L8G 1K3

Stoney Creek, Hamilton · Near KING ST EAST / NEW MOUNTAIN ROAD · View map

$229,000
2Baths
1700Sq ft
Sale of businessType
PublicGarage
NoneParking
$229,000
FreeholdNo monthly condo fee
Public garageFrom the listing

About this home

Rare opportunity to own a well-established restaurant in the heart of downtown Stoney Creek, surrounded by established residential neighborhoods, numerous retail shops, and steady traffic throughout the day. The restaurant features 40 seats, potential for a patio, a fully equipped chef's kitchen, and a walk-in cooler and freezer. BONUS: A 4-bedroom apartment is included in the rent! Buyers have the flexibility to live on-site and operate the restaurant or continue renting out the apartment for additional income. Plenty of parking is available. Total Monthly Rent: $3,500 (TMI & HST Included). Apartment Rental Income: $2,500/Month. Effective Monthly Rent: Only $1,000 after rental income! Approximate Monthly Sales: $45,000-$55,000.

The home

Type
Sale of business
Square footage
1700 sq ft
Bathrooms
2

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Garage
Public
Total parking
None

Taxes & other

Tax year
2025
Occupancy
Tenant
Possession
TBD
Cross street
KING ST EAST / NEW MOUNTAIN ROAD
Neighbourhood
Stoney Creek

More

MLS® number
X14101904

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,067per month, all in
  • Mortgage
  • Property tax

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    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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    81 King Street, Hamilton, ON L8G 1K3

    Stoney Creek, Hamilton · Near KING ST EAST / NEW MOUNTAIN ROAD

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    Sold history

    Listing history for 81 King 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 81 King Street

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

    How much is 81 King Street listed for, and what would it cost each month?

    81 King Street is listed for $229,000. With 20% down ($45,800), the mortgage payment would be roughly $924 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,067 a month, all in. That figure is an illustration, not a quote.

    Is 81 King Street freehold or a condo, and is there a monthly fee?

    81 King Street is a sale of business in Stoney Creek, 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 81 King Street have a garage and parking?

    Yes. The listing shows the garage as public. The listing does not include a parking space.

    What style of home is 81 King Street?

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

    How is 81 King Street heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    Where is 81 King Street?

    81 King Street is in the Stoney Creek community of Hamilton. The nearest main intersection is KING ST EAST / NEW MOUNTAIN ROAD. The postal code is L8G 1K3.

    Is 81 King Street still for sale?

    Yes. It is an active listing (MLS® X14101904). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 81 King Street asking?

    Similar properties for sale nearby right now include 205 - 17 King Street E at $249,000, 979 King Street E at $175,000 and 4 - 516 Centennial Parkway N at $225,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 81 King 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 81 King 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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