<-- style PDP --> 242 James Street, Hamilton - Building and Land for sale for $1,100,000
  • new
  • for sale
  • leased

242 James Street

Hamilton, ON, L8P 3B3 - Durand North

$1,100,000

  • Neighbourhood

    Durand North

  • Major Intersection

  • Listed Since: 109 day(s)

  • Last update: today

Overview

  • Property Type

    Building and Land, Commercial Sale

  • Bedrooms

    n/a

  • Bathrooms

    n/a

  • Basement

    Full

  • Kitchen

    n/a

  • Total Parking

    n/a

  • Lot Size

    Available Upon Request

  • Taxes

    $15,582.57 (2026)

  • Type

    Commercial

Property Description

Property description for 242 James Street, Hamilton

Historic Gem Across from St. Joe’s – 242 James St S, in the heart of Hamilton’s vibrant downtown core, this stately mid-19th century building (circa 1850) offers timeless Victorian charm blended with flexible functionality. Featuring classic brickwork, tall arched windows, steep gables, and heritage detailing, this three-storey property stands out as a remarkable investment and ownership opportunity. Zoning allows for mixed, retail, office and medical uses. Boasting 4950 sq ft, the main floor includes 1962 sq ft of well-designed commercial space: three offices, a reception area, full kitchen, full bath, and a feature brick fireplace. Access to a large unfinished basement adds expansion or storage potential. A rear stairwell offers emergency egress and access to the private parking area. Enjoy 4 total parking spots—3 rear via private drive and 1 front boulevard. A separate below-grade basement walk up entrance allows for possible future independent use or rental. The upper two floors provide spacious residential accommodations: six bedrooms, two kitchens, three full baths, two living areas, dining space, and laundry. Perfect flexible rental opportunities. Ideal for professionals working at nearby hospitals, including St. Joseph’s directly across the street. Additional features include 10' ceilings on the main level, outdoor front of property deck on 3rd level, air conditioning, electronic entry, and visible signage options. Nestled between many similar Victorian era properties of the Durand and Stinson School areas, multi unit remarkably stellar multi-million-dollar properties nearby. Steps to shopping, dining, medical offices, hospitals, GO transit, the escarpment, and major highways. Quick access to Hamilton International Airport and Porter Airlines. Live, work, and invest in one of Hamilton’s most desirable mixed-use locations. A remarkable opportunity to earn income from residential rentals while serving clients in the comfort of updated office space.

Listed by RE/MAX Escarpment Realty Inc.

  • MLS #

    40836200

  • Sq. Ft

    4951.5

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1850

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    n/a

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    n/a

  • A/C

    n/a

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40836200

  • Sq. Ft

    4951.5

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1850

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    n/a

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    n/a

  • A/C

    n/a

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

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 242 James Street, Hamilton

This property has been sold 9 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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