242 JAMES Street S, Hamilton, Ontario, L8P3B3

Property Description

Historic Mixed-Use 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 mixed-use 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. Boasting nearly 5000 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 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 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. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 4,952 sq ft (460.1 m²)
• Year Built: 1850
• Ownership: Freehold
• Frontage: 35 ft (10.7 m)

Costs

• Annual Taxes: $15,055.21

Listing Provided by: RE/MAX Escarpment Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.