Homula Realty Brokerage
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875 Main Street W 10, Hamilton, ON L8S 4P9

Sale Of Business
$19,900

This eSports caf, located in a prime area of Hamilton in the Greater Toronto Area, enjoys an exceptional advantage with its proximity to multiple schools, convenient transportation, and excellent location. Every day after school, a large number of students pass by, giving it a natural edge in attracting foot traffic. The caf is equipped with a variety of gaming and entertainment setups, along with light snacks and a range of beverages. Its the perfect spot for young people to relax, have fun, and make new friends. PS: Only the business is for sale; the property is not included.

MLS number
X13081308
Type
Sale Of Business
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L8S 4P9
Photos
10
Property tax
$12 / year
131days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$3,980 · minimum here is $995
$88.11per month
Borrowed before insurance$15,920
Total borrowed$15,920
Interest over 25 years at 4.5%$10,514

If you rented it out

-$89.11per month out of pocket
Rent$0.00
Everything it costs to hold$89.11
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HC REALTY GROUP INC.. Listing data provided by the Toronto Regional Real Estate Board.