15 Empress Avenue Hamilton, Ontario L9A 1M1
MLS# 40678313 - Buy this house, and I'll buy Yours*

$799,000

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 alive/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, October 2024. Updated 2nd floor October 2024bathroom (tub added and sink replaced) and kitchen includes eat-at counter station, stove added, light fixture replaced, and new fridge, October 2024). (id:51158)

Property Details

MLS® Number	40678313
Property Type	Single Family
Amenities Near By	Airport, Park, Playground, Public Transit
Communication Type	High Speed Internet
Community Features	High Traffic Area
Equipment Type	Water Heater
Features	Paved Driveway
Parking Space Total	6
Rental Equipment Type	Water Heater

About 15 Empress Avenue, Hamilton, Ontario

This For sale Property is located at 15 Empress Avenue is a Detached Single Family House 2 Level, in the City of Hamilton. Nearby amenities include - Airport, Park, Playground, Public Transit. This Detached Single Family has a total of 2 bedroom(s), and a total of 3 bath(s) . 15 Empress Avenue has Radiant heat heating and Window air conditioner. This house features a Fireplace.

The Second level includes the 4pc Bathroom, Bedroom, Primary Bedroom, Eat In Kitchen, The Basement includes the 3pc Bathroom, Recreation Room, The Main level includes the Office, Office, 2pc Bathroom, Office, Office, Living Room, The Basement is Finished.

This Hamilton House's exterior is finished with Brick

The Current price for the property located at 15 Empress Avenue, Hamilton is $799,000 and was listed on MLS on :2024-11-16 19:46:11

Building

Bathroom Total	3
Bedrooms Above Ground	2
Bedrooms Total	2
Appliances	Dryer, Refrigerator, Stove, Water Meter, Washer, Microwave Built-in, Window Coverings
Architectural Style	2 Level
Basement Development	Finished
Basement Type	Full (finished)
Constructed Date	1950
Construction Style Attachment	Detached
Cooling Type	Window Air Conditioner
Exterior Finish	Brick
Fire Protection	Smoke Detectors
Fireplace Present	Yes
Fireplace Total	1
Fixture	Ceiling Fans
Foundation Type	Block
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	2
Size Interior	2662 Sqft
Type	House
Utility Water	Municipal Water

Land

Access Type	Road Access, Highway Access, Highway Nearby
Acreage	No
Land Amenities	Airport, Park, Playground, Public Transit
Sewer	Municipal Sewage System
Size Depth	116 Ft
Size Frontage	41 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	C5a

Rooms

Level	Type	Length	Width	Dimensions
Second Level	4pc Bathroom			7'6'' x 6'6''
Second Level	Bedroom			11'1'' x 10'1''
Second Level	Primary Bedroom			11'4'' x 10'11''
Second Level	Eat In Kitchen			10'0'' x 9'10''
Basement	3pc Bathroom			7'5'' x 4'0''
Basement	Recreation Room			16'9'' x 10'10''
Main Level	Office			10'9'' x 7'1''
Main Level	Office			9'3'' x 7'7''
Main Level	2pc Bathroom			7'6'' x 6'6''
Main Level	Office			7'10'' x 7'9''
Main Level	Office			11'3'' x 6'6''
Main Level	Living Room			20'10'' x 10'6''

Utilities

Cable	Available
Electricity	Available
Natural Gas	Available
Telephone	Available

https://www.realtor.ca/real-estate/27658369/15-empress-avenue-hamilton