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Commercial Property in Hamilton
About 527 Upper Sherman Avenue
Exceptional Turnkey Opportunity - Mahal Restaurants, Hamilton Mountain Presenting a rare opportunity to own the renowned Mahal Restaurants, a community staple for over 22+ years, known for serving authentic Indian and Pakistani cuisine in the heart of Hamilton Mountain. This well-established business enjoys a loyal clientele and a stellar reputation for quality and consistency. The restaurant offers multiple revenue streams through dine-in, takeout, and a fully integrated online ordering system including Uber Eats and SkipTheDishes. No franchise fees mean full control and higher margins for the new owner. This is a turnkey operation with strong brand recognition, ideal for an entrepreneur or family looking to continue a legacy of culinary excellence. Don't miss your chance to own a profitable and beloved restaurant with deep roots in the community.
Hamilton business priced at $149,000 — book a tour to see if it fits your search.
Inside 527 Upper Sherman Ave
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0.04
Listing & possession
Property class
Sale Of Business
527 Upper Sherman Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 527 Upper Sherman Ave. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,429Homes for sale here right now.
Median vs prior 90 days−2.9%Compared with May 12 – Aug 10, 2026: prices down.
Based on 1,780 sales from Aug 10 – Nov 8, 2026 (1,552 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
527 Upper Sherman Ave is listed at $149,000 (MLS® X12766326). Summitly updates the price as soon as the MLS® record changes.
Has the price of 527 Upper Sherman Ave changed?
Yes — it was first listed at $179,000 and is now $149,000, a drop of $30,000 (16.8%).
How many bedrooms and bathrooms does 527 Upper Sherman Ave have?
The listing for 527 Upper Sherman Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Hamilton.
Is 527 Upper Sherman Ave close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 3.0 km in a straight line. West Harbour GO Station is about 4.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 527 Upper Sherman Ave compare with other homes in Hamilton?
Its asking price of $149,000 is about 78% below the median sold price in Hamilton over the last 90 days, $675,000, across 1,780 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 527 Upper Sherman Ave been sold before?
Summitly has no earlier MLS® sale or lease of 527 Upper Sherman Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 527 Upper Sherman Ave?
527 Upper Sherman Ave is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 527 Upper Sherman Ave been on the market?
275 days — 527 Upper Sherman Ave was listed on February 6, 2026.
What is the land transfer tax on 527 Upper Sherman Ave?
About $1,215 in Ontario land transfer tax at the asking price of $149,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 527 Upper Sherman Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 527 Upper Sherman Ave?
The listing for 527 Upper Sherman Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.
When was 527 Upper Sherman Ave built?
The listing for 527 Upper Sherman Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.