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15 EMPRESS Avenue, Hamilton
2025-10-01
Quick Summary
- Location
- 15 EMPRESS Avenue, Hamilton, Ontario L9A1M1
- Price
- $749,900
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2662 sqft
- Bedrooms:
- 2
- Bathrooms:
- 3
- Year of Construction:
- 1950
MLS®#40775306
Property Description
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Airport, Park, Playground, Public Transit
Building
- Appliances: Dryer, Refrigerator, Stove, Water meter, Washer, Microwave Built-in, Window Coverings
- Architectural Style: 2 Level
- Basement Development: Finished
- Basement Type: Full (Finished)
- Construction Style: Detached
- Cooling Type: Window air conditioner
- Exterior Finish: Brick
- Fireplace: Yes
- Interior Size: 2662 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Paved driveway
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: C5
Information entered by Royal LePage State Realty Inc.
Listing information last updated on: 2025-10-03 09:38:42
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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