Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

216 Dundurn Street S, Hamilton, ON L8P 4K3

Commercial Retail
$1,895,000

Attention Investors, Developers & Business Owners! Exceptional opportunity to acquire a prominent corner property on Dundurn Street South in Hamilton's rapidly evolving southwest corridor. Zoned C6, this versatile property offers a wide range of permitted uses, including the ability to continue operating as an automotive repair and auto sales business, while presenting exciting future redevelopment potential. The property features a detached garage measuring 51'6" x 36' width 14'6" ceiling height, three service bays, office space and 2-piece washroom. Also included is a separate 2.5 storey brick house with a full basement. The main floor is currently configured as 2 office spaces, while the second floor contains a one-bedroom apartment occupied by excellent tenants. Current rental income is approximately $2,800 per month. Ideally located with convenient highway access and surrounded by ongoing development, employment lands, and some of Hamilton's most sought-after neighbourhoods, this property offers outstanding live/work, investments or development possibilities. Phase 1 Environmental Assessment completed. Vendor may consider holding financing for a qualified purchaser. Limited access due to ongoing business operations.

MLS number
X13675112
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
L8P 4K3
Photos
11
Property tax
$26,390 / year
30days · 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

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Earl Kitchener Junior Public School
Hamilton-Wentworth DSB
Elementary355 m7.2 / 10
72% met the standard · 3 of 6 measures
Lyonsgate Montessori SchoolElementary432 mNot reported
St. Joseph Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary478 m7.6 / 10
76% met the standard
Kanétskare Elementary School Middle School
Hamilton-Wentworth DSB
Elementary759 m6.8 / 10
68% met the standard · 3 of 6 measures
Strathcona Junior Public School
Hamilton-Wentworth DSB
Elementary1.1 km8.1 / 10
81% met the standard · 3 of 6 measures
Westdale Secondary School
Hamilton-Wentworth DSB
Secondary922 m7.3 / 10
73% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 628 people.

$92,000Median household income
58.2%Own their home
55.4%Detached houses
34Median age
13.3%Born outside Canada
41.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35250506 — the few blocks around this address, home to 628 people. It describes the area, not this property.

628Population
37.2Average age
2.2Household size
$97,000Average household income
$92,000Median household income
58%Own their home
42%Rent
0%Condominiums
13%Born outside Canada
42%University degree
$624,000Average home value
8%Low income
41%Not in the labour force
32%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9991%
$30,000 to $34,9991%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over32%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,99910%
$200,000 and over6%

Percentages are of the 405 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

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

$379,000 · minimum here is $379,000
$8,390.65per month
Borrowed before insurance$1,516,000
Total borrowed$1,516,000
Interest over 25 years at 4.5%$1,001,195

If you rented it out

-$10,589.82per month out of pocket
Rent$0.00
Everything it costs to hold$10,589.82
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 REALTY NETWORK. Listing data provided by the Toronto Regional Real Estate Board.