<-- style PDP --> 15 Empress Avenue, Hamilton - Single Family Residence for sale for $759,000
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15 Empress Avenue

Hamilton, ON, L9A 1M1 - Centremount

$759,000

  • Neighbourhood

    Centremount

  • Major Intersection

  • Listed Since: 144 day(s)

  • Last update: today

Overview

  • Property Type

    Single Family Residence, Two Story

  • Bedrooms

    2 + 0

  • Bathrooms

    3

  • Basement

    Separate Entrance, Full, Finished

  • Kitchen

    n/a

  • Total Parking

    6

  • Lot Size

    Available Upon Request

  • Taxes

    $7,522.00 (2025)

  • Type

    Freehold

Property Description

Property description for 15 Empress Avenue, Hamilton

This is a great opportunity to own a home that you can live in and either lease the main floor to a professional business while you enjoy 2 floors as your home, or use the main floor for your own business. This is a different kind of ownership that has more upfront cost, but the payoff could be huge in future by having a home and business in one building, or allowing a professional business tenant to help pay down the mortgage. This property has the best of both worlds being on the edge of commercial Upper James St and the edge of a great residential area with large Bruce Park just down the street. The down payment is higher at 35% - 50% and because it is mixed-use residential/commercial and HST is applied to the purchase price. These costs are the "cost of doing business" for this kind of investment home/business and ownership. Current owners ran a professional business in the home for over a decade, and, as such, the property has been well cared for. Previous ownership used the home as a live/work environment whereby the main floor was a doctor's office and the owner lived on the 2nd and lower level. Great location just off of Upper James St on Hamilton mountain, commercial zoning, could be live/work or a mixed commercial/residential, buy and hold opportunity for investors. New roof (shingles and plywood) November 2023. Freshly painted throughout. Updates in 2nd floor bathroom August 2024 (tub added and sink replaced) and kitchen includes eat-at counter station, stove added, light fixture replaced, and new fridge August 2024.

Listed by Royal LePage State Realty

  • MLS #

    40712406

  • Sq. Ft

    2662

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    rectangular shaped with a jut out on the west side

  • Year Built

    1950

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    6

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick

  • Fireplace

    1

  • Roof

    Asphalt Shing

  • Foundation

    Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Natural Gas, Radiant

  • A/C

    Window Unit(s)

  • Water

    Municipal-Metered

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • Living Room

    6.35 x 3.20 ft Main level

    bay window, california shutters, carpet free

  • Office

    2.39 x 2.36 ft Main level

    california shutters, carpet free

  • Office

    3.43 x 1.98 ft Main level

    california shutters, carpet free, walk-in closet

  • Office

    3.28 x 2.16 ft Main level

    1-piece, carpet free

  • Eat-in Kitchen

    3.05 x 3.00 ft Second level

    Carpet Free

  • Bathroom

    2.29 x 1.98 ft Main level

    2-piece, carpet free

  • Office

    2.82 x 2.31 ft Main level

    Carpet Free

  • Bedroom Primary

    3.45 x 3.33 ft Second level

    1-piece, carpet free, sliding doors

  • Bedroom

    3.38 x 3.07 ft Second level

    Carpet Free

  • Bathroom

    2.29 x 1.98 ft Second level

    4-piece, carpet free

  • Recreation Room

    5.11 x 3.30 ft Basement level

    4-Piece

  • Bathroom

    2.26 x 1.22 ft Basement level

    3-piece, carpet free, fireplace

  • MLS #

    40712406

  • Sq. Ft

    2662

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    rectangular shaped with a jut out on the west side

  • Year Built

    1950

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    6

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick

  • Fireplace

    1

  • Roof

    Asphalt Shing

  • Foundation

    Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Natural Gas, Radiant

  • A/C

    Window Unit(s)

  • Water

    Municipal-Metered

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • Living Room

    6.35 x 3.20 ft Main level

    bay window, california shutters, carpet free

  • Office

    2.39 x 2.36 ft Main level

    california shutters, carpet free

  • Office

    3.43 x 1.98 ft Main level

    california shutters, carpet free, walk-in closet

  • Office

    3.28 x 2.16 ft Main level

    1-piece, carpet free

  • Eat-in Kitchen

    3.05 x 3.00 ft Second level

    Carpet Free

  • Bathroom

    2.29 x 1.98 ft Main level

    2-piece, carpet free

  • Office

    2.82 x 2.31 ft Main level

    Carpet Free

  • Bedroom Primary

    3.45 x 3.33 ft Second level

    1-piece, carpet free, sliding doors

  • Bedroom

    3.38 x 3.07 ft Second level

    Carpet Free

  • Bathroom

    2.29 x 1.98 ft Second level

    4-piece, carpet free

  • Recreation Room

    5.11 x 3.30 ft Basement level

    4-Piece

  • Bathroom

    2.26 x 1.22 ft Basement level

    3-piece, carpet free, fireplace

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 15 Empress Avenue, Hamilton

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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