527 Upper Sherman Avenue, Hamilton, ON L8V 3L9
Raleigh · L8V 3L9
$149,000
$84 / sq ft9 months on market
- Total area
- 1,765 sf
- Lot
- 19.02 × 93 ft
What's special
- Partial
About this property
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.
Property details
Property
- Property type
- business
- Interior size
- 1,765 sq ft
- Lot size
- 19.02 × 93 ft
- Zoning
- C2
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Partial
Costs
- List price
- $149,000
- Property taxes
- $6,180 / year (2025)
- Price per sq ft
- $84
Listing
- MLS® number
- X12766326
- Status
- For sale
- Listed
- February 6, 2026
- Days on market
- 272
- Last updated
- July 24, 2026
- Listing brokerage
- ROYAL LEPAGE MACRO REALTY
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 46% of comparable business for sale listings in Hamilton are asking less.
- This home
- $84 / sq ft
- Comparable median
- $93 / sq ft
Based on 78 comparable active business for sale listings in Hamilton. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $782.65
- Property tax (est.)
- $515.00
- Estimated monthly
- $1,298
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $1,215
- Total due on closing
- $1,215
An estimate on the asking price of $149,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE MACRO REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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