$159,000 - 246 Dundurn Street, Hamilton
Commercial for Sale in Hamilton
Popular ListingNeighbourhood: Kirkendall
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13831124
- Property Type
- Commercial
- Status
- active
- Days on Site
- 12
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- Hamilton
- Taxes (2026)
- $10,440
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Exciting opportunity to acquire Hungroo Inc., an established food-service business offering a versatile menu featuring freshly prepared pizza, wings and breakfast offerings. The business is designed to serve customers throughout multiple dayparts, creating the opportunity for a new owner to continue and further develop the existing operation. The business offers a diverse food concept with pizza and wings for lunch, dinner and takeout, complemented by breakfast offerings to attract customers earlier in the day. This flexible menu provides an opportunity for an owner-operator or experienced food entrepreneur to build on the existing concept and introduce additional menu items, promotions or delivery/takeout initiatives, subject to applicable approvals. The sale includes the business, furnishings, equipment and other assets used in the operation, as applicable under the Agreement of Purchase and Sale. The premises provide an existing setup suitable for continued food-service operations, allowing a Buyer to take advantage of an established location and continue operating without starting from scratch. Ideal for an owner-operator, restaurant entrepreneur, or investor looking to acquire an operating food business with multiple revenue streams and daypart opportunities. Business sale only; real estate is not included in the purchase price. Option to Buy real estate . check the Sale of property listing. Financial information, equipment list, lease information and additional business details are available to qualified Buyers, subject to confidentiality requirements.
Estimate your monthly payments for this property
Estimated Payment
$815.75/mo
Includes CMHC insurance ($4,436)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kirkendall
Kirkendall is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kirkendall
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kirkendall offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
246 Dundurn Street, Hamilton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
Commercial property values in Hamilton are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 12-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Hamilton transactions.