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For saleMLS® X14101904

81 King Street, Hamilton, ON L8G 1K3

Stoney Creek · L8G 1K3

$229,000

$135 / sq ft

2 weeks on market

Bathrooms
2
Total area
1,700 sf
0

What's special

  • Public garage
  • Yes

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About this property

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.

Property details

Property

Property type
business
Bathrooms
2
Interior size
1,700 sq ft
Zoning
Commercial
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Public

Costs

List price
$229,000
Price per sq ft
$135

Listing

MLS® number
X14101904
Status
For sale
Listed
October 21, 2026
Days on market
15
Last updated
October 22, 2026
Listing brokerage
REON HOMES REALTY INC.

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 above most comparable listings — about 88% of comparable business for sale listings in Stoney Creek are asking less.

$14KMedian $127K$540K

Based on 8 comparable active business for sale listings in Stoney Creek. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $11,450
$11,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,202.87
Estimated monthly
$1,203

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
$2,015
Total due on closing
$2,015

An estimate on the asking price of $229,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REON HOMES REALTY INC.. 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.

$229,000

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