15 Empress Ave, Hamilton

15 Empress Ave, Centremount, Hamilton L9A1M1

2-Storey, Detached House
14 Rooms Total, 1 Kitchen
6 Parking Spaces

41.09 x 116.20

Library, Park, Public Transit
Finished, Full Basement
Brick Exterior

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, 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. Updated 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.

Pt Lts 7, 8 & 9, Pl 449 , As In Cd480606 ; Pt Al, Pl 449 , As Closed Byns152959, As In Cd480606 ; Hamilton

2-piece on main level
4-piece on 2nd level
3-piece on lower level

Main Level, 6.36m x 3.02m
Bay Window

Main Level, 3.43m x 1.98m
W/I Closet, California Shutters

Main Level, 2.39m x 2.36m
California Shutters

Main Level, 2.82m x 2.31m
Side Door

Main Level, 3.28m x 2.16m
Enamel Sink

Main Level, 2.29m x 1.98m
2 Pc Bath

2nd Level, 3.04m x 2.30m
Eat-In Kitchen

2nd Level, 3.45m x 3.33m
Balcony, W/I Closet, Sliding Doors

2nd Level, 3.38m x 3.07m

2nd Level, 3.05m x 1.73m
4 Pc Bath

Bsmt Level, 5.12m x 3.30m
Fireplace

Bsmt Level, 2.26m x 1.22m
3 Pc Bath