979 King Street E, Hamilton, ON L8M 1C3
Gibson · L8M 1C3
$175,000
$135 / sq ft4 months on market
- Total area
- 1,300 sf
- Lot
- 18 × 89.66 ft
What's special
- Yes
About this property
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
Property details
Property
- Property type
- retail
- Interior size
- 1,300 sq ft
- Lot size
- 18 × 89.66 ft
- Zoning
- Commercial
- Possession
- TBD
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Other
Costs
- List price
- $175,000
- Property taxes
- $5,539 / year (2025)
- Price per sq ft
- $135
Listing
- MLS® number
- X13459174
- Status
- For sale
- Listed
- June 17, 2026
- Days on market
- 140
- Last updated
- June 18, 2026
- Listing brokerage
- RE/MAX SUCCESS REALTY
Price & sale history
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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 26% of comparable retail listings in Hamilton are asking less.
- This home
- $135 / sq ft
- Comparable median
- $238 / sq ft
Based on 96 comparable active retail listings in Hamilton. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $919.22
- Property tax (est.)
- $461.58
- Estimated monthly
- $1,381
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
- $1,475
- Total due on closing
- $1,475
An estimate on the asking price of $175,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX SUCCESS 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
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