81 King Street, Hamilton, ON
L8G 1K3
Listed October 21, 2026
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.
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Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 81 King Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$45,800 · Minimum $45,800
Use the rate your lender or broker quotes you.
Monthly costs
Estimated at about 0.8% of the price — the listing doesn't show the tax.
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One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$1,166/mo
About $13,992 a year
- $1,013
- $153
Cash needed to close
- Down payment (20%)
- $45,800
- Ontario land transfer tax
- $2,015
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $50,315
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
81 King Street, Hamilton, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 21, 2026
Listing Office: REON HOMES REALTY INC.
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