$759,000
Available - For Sale
Listing ID: X12054365
15 Empress Aven , Hamilton, L9A 1M1, 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 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. 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.) |
| Price | $759,000 |
| Taxes: | $7522.00 |
| Occupancy by: | Vacant |
| Address: | 15 Empress Aven , Hamilton, L9A 1M1, Hamilton |
| Acreage: | < .50 |
| Directions/Cross Streets: | Upper James St |
| Rooms: | 14 |
| Bedrooms: | 2 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Common Ro | 20.86 | 9.91 | Bay Window |
| Room 2 | Main | Office | 11.25 | 6.49 | Walk-In Closet(s), California Shutters |
| Room 3 | Main | Office | 7.84 | 7.74 | California Shutters |
| Room 4 | Main | Office | 9.25 | 7.58 | Side Door |
| Room 5 | Main | Office | 10.76 | 7.08 | Enamel Sink |
| Room 6 | Main | Bathroom | 7.51 | 6.49 | 2 Pc Bath |
| Room 7 | Second | Kitchen | 9.97 | 7.54 | Eat-in Kitchen |
| Room 8 | Second | Primary B | 11.32 | 10.92 | Balcony, Walk-In Closet(s), Sliding Doors |
| Room 9 | Second | Bedroom | 11.09 | 10.07 | |
| Room 10 | Second | Bathroom | 10 | 5.67 | 4 Pc Bath |
| Room 11 | Basement | Recreatio | 16.79 | 10.82 | Fireplace |
| Room 12 | Basement | Bathroom | 7.41 | 4 | 3 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 3 | Lower |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Available, |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Available, |
| Park #2 | |
| Parking Type: | Available |
| Park #3 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Library, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Radiant |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE STATE REALTY |
|
|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Centremount |
| Style: | 2-Storey |
| Approximate Age: | 51-99 |
| Tax: | $7,522 |
| Beds: | 2 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
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