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For saleMLS® X13115988

1000 King Street E 1016, Hamilton, ON L8M 1C8

Stipley · L8M 1C8

$47,500

$49 / sq ft

5 months on market

Total area
962 sf
Lot
95 × 108 ft

What's special

  • Street garage
  • Partial

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About this property

Former restaurant unit, with kitchen hood already existing. This property is located in the heart of Hamilton's Stipley neighbourhoods, offering excellent street exposure and ample signage opportunities. Conveniently situated steps from public transportation with on-site parking available. The unit features existing venting already in place, making it exceptionally well-suited for restaurant, food service, or hospitality uses. This is a rare opportunity for operators seeking a space that is move-in ready for restaurant concepts, significantly reducing build-out time and costs. Within an approximate 10-minutewalk, you'll find some of Hamilton's top restaurants, Tim Hortons Field, Fresco Grocery Store, and more. Three schools are located within 1 km, including Bernie Custis Secondary School, Prince of Wales Elementary School, and King George Public School. (42318581) Sale of Fixtures/Chattels, with over $150,000 invested into the unit.

Property details

Property

Property type
business
Interior size
962 sq ft
Lot size
95 × 108 ft
Zoning
TOC3
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Garage
Street
Sewer
Sanitary+Storm

Costs

List price
$47,500
Property taxes
$9 / year (2025)
Price per sq ft
$49

Listing

MLS® number
X13115988
Status
For sale
Listed
May 12, 2026
Days on market
177
Last updated
May 15, 2026
Listing brokerage
CBRE LIMITED

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 below most comparable listings — about 9% of comparable business for sale listings in Hamilton are asking less.

$53KMedian $149K$499K
This home
$49 / 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

Down payment5.0% · minimum $2,375
$2,375
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$249.50
Property tax (est.)
$0.72
Estimated monthly
$250

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
$238
Total due on closing
$238

An estimate on the asking price of $47,500. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CBRE LIMITED. 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.

$47,500

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