For saleMLS® X13459174

979 King Street E, Hamilton, ON L8M 1C3

Gibson, Hamilton · Near King St E To Barnesdale Av N · View map

$175,000
1300Sq ft
Commercial retailType
NoneParking
$5,539/yrTaxes
$175,000
FreeholdNo monthly condo fee
Lot 18 x 89.7 ftThe land comes with the home

About this home

365 Variety Convenience Store is a well-established, community-focused convenience retailer located on King Street East, one of Hamilton's primary arterial corridors. The store has built a loyal local customer base and holds a strong 4.2-star Google rating, with customers consistently praising the friendly staff, clean environment, and well-stocked shelves. Profitable and well-established convenience store in a prime Hamilton location with excellent two-sided visibility and strong daily foot traffic. The business offers multiple revenue streams, including beer and wine, vape products, lottery, coffee, frozen foods, ice cream, quick meals, UPS, RIA, gift cards, SIM cards, ATM, and Bitcoin services. Significant growth potential exists through expanded product offerings, targeted marketing initiatives, and an enhanced online presence. The surrounding neighbourhood is a dense, established residential community ensuring consistent walk-in traffic. The King Street corridor connects Hamilton's downtown core to the east end, providing high visibility for impulse and convenience purchases throughout the day. Nearby Anchor Stores: Tim Hortons (888 Main St. E) - 24-hour location, approx. 0.7 km away McKnight's Pharmacy (685 Main St. E) - Highly rated independent pharmacy, approx. 0.6 km away McDonald's (1268 King St. E) - 24-hour location, approx. 1.5 km east along the same corridor Metro (1161 Barton St. E) - Major full-service grocery store, approx. 2 km east RBC Royal Bank (1145 Barton St. E) - approx. 1.7 km east The store benefits from a complementary anchor ecosystem with no direct large-format competition immediately adjacent, making it a strong turn-key opportunity with established goodwill. The landlord is willing to negotiate a new lease with the successful buyer. Hours of Operation: Mon-Thu 9:00 AM-9:00 PM | Fri-Sat 9:00 AM-9:30 PM | Sun 10:00 AM-8:00 PM

The home

Type
Commercial retail
Square footage
1300 sq ft
Lot size
18 x 89.7 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$5,539/yr
Tax year
2025
Occupancy
Tenant
Possession
TBD
Cross street
King St E To Barnesdale Av N
Neighbourhood
Gibson

More

MLS® number
X13459174

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Want to know something that isn’t listed?
Estimated monthly cost$1,167per 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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    979 King Street, Hamilton, ON L8M 1C3

    Gibson, Hamilton · Near King St E To Barnesdale Av N

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    Sold history

    Listing history for 979 King Street

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

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    Questions & answers

    Frequently asked questions about 979 King Street E

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

    How much is 979 King Street E listed for, and what would it cost each month?

    979 King Street E is listed for $175,000. With 20% down ($35,000), the mortgage payment would be roughly $706 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,167 a month, all in. That figure is an illustration, not a quote.

    Is 979 King Street E freehold or a condo, and is there a monthly fee?

    979 King Street E is a commercial retail in Gibson, 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 979 King Street E 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 979 King Street E?

    979 King Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 979 King Street E, and what is the lot size?

    The lot is listed as 18 x 89.7 ft.

    How is 979 King Street E heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    What are the property taxes for 979 King Street E?

    Property taxes are $5,539 a year (2025), or about $462 a month.

    Where is 979 King Street E?

    979 King Street E is in the Gibson community of Hamilton. The nearest main intersection is King St E To Barnesdale Av N. The postal code is L8M 1C3.

    Is 979 King Street E still for sale?

    Yes. It is an active listing (MLS® X13459174). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 979 King Street E asking?

    Similar properties for sale nearby right now include 3 - 1050 KING Street at $149,900, 72 King Street E at $125,000 and 5 - 477 Dundas Street E at $189,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 979 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 979 King Street E?

    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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