2 - 27 WHITFIELD AVENUE, Hamilton (Industrial Sector)

$149,000

For sale: Other

Other at 2 - 27 WHITFIELD AVENUE, Hamilton (Industrial Sector)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13657922
Neighbourhood
Industrial Sector

Rare opportunity to own a well-established automotive business with a strong reputation in the Hamilton location. The buyer will have the chance to take over all existing clients and all shop equipment. Zoning: M5 Zone permits Motor Vehicle Repair (current use), Motor Vehicle Body Repair & Painting, auto parts retail, Dealer, Savage yard. The premises consist of approximately 2,464 sq ft shop, and a large additional lot is fully set up for general automotive repair and maintenance, allowing for a smooth transition for the next operator. Turnkey operation with existing lease in place. Current lease term runs until January 31, 2030, plus three years, providing long-term stability. Competitive rent structure with scheduled increases over the term. Tenant is responsible for utilities including hydro and gas, along with a proportionate share of additional operating costs; utilities 50% of the total. Rent including TMI and HST: $ 7900. The property also features a large additional lot with parking for approximately 95 Vehicles, including the rent.

Sold data

Homes in Industrial Sector — recent sold market

Homes in Industrial Sector took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 70, across 42 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.

The median sale price was $419,900.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 19% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$419,900
Sale-to-list ratio
97.2%
Sold above asking
19%

Based on 42 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Industrial Sector)

Hamilton (Industrial Sector) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Industrial Sector)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2 - 27 WHITFIELD AVENUE