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$6.50M · 26 bed Multiplex · Stinson, Hamilton | MyPropertyScout

$6,495,000

16 West Avenue

157 DOM

260157d

Map

DOM 157

↓ $300KMotivated Seller

$6,495,000

↓ $300KMotivated Seller

DOM157days

16 West Avenue

Hamilton · Ontario L8N 2S1

MLS® X12739520 · Stinson · L8N 2S1

260TenantOccupied5000 + ft²MultiplexNoneFull, Partially Finished157d$1,299/ft²Lot 153 x 122 ft$56,771 tax/yrBuilt 1916110 yrs oldFull, Partially Finished

157 days on market

About this home

An exceptional opportunity to acquire a truly one-of-a-kind heritage asset in the heart of Downtown Hamilton. 16 West Ave S is a stunning converted church, thoughtfully transformed into a loft-style apartment building in 2022, seamlessly blending historic character with modern functionality. Featuring soaring ceilings, dramatic stained-glass windows, and architectural details rarely found in today's market, the property comprises 18,879 SF with 19 fully occupied units, offering an ideal unit mix…

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Property details

MLS#: X12739520
Status: Buy Now
Property class: Residential Freehold
Beds: 26
Baths: 0 full, 0 half
Rooms: 19
Kitchens: 19
Size: 5000 +Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Full, Partially Finished
Style: 2-Storey
Type: Multiplex
Year built: 1916

PIN: 171770017
Roll / ARN: 251803020305530
Plan: 223

Occupancy: Tenant Occupied
Washrooms: 0 pc
Family room: No
Central vacuum: No
Ensuite laundry: No

Zoning: D1

Roof: Asphalt Shingle
Foundation: Unknown
Property features: Hospital, Place Of Worship, Public Transit, School

Garage: None
Garage spaces: 0
Parking: 19 total
Lot: 153 × 122
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: South
Cross street: Main St E
Stories: —
Utilities: —
Laundry: —
Interior: None
Parking features: Available

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room dimensions are not available for this listing.

Seller signals

Price movement & seller pressure

↓ $300KPrice reduction

MLS shows the seller reduced the asking price by $300,000 (from $6,795,000 to $6,495,000).

Motivated SellerWhy this label

157 days on market — Listing has been active for 157 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: REAL BROKER ONTARIO LTD.

Source: TRREB/PROPTX · MLS® X12739520

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$6.50M

16 West Avenue · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $6,495,000✓ $56,771 tax✓ Gas✓ 5000 + ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$48,351/mo

incl. closing costs (yr 1)

Annual total

$580,212

year 1

Mortgage only

$24,640/mo

principal + interest

Beyond mortgage

$10,848/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$1,299,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$4,731/mo

Utilities

Hydro / electricity$350/mo

≈ $0.07/ft² × ~5,000 ft² · ON avg ~$350/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$64,950/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$148,850

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)51% $295,680/yr

Property taxes35% $205,621/yr

Utilities1% $7,260/yr

Insurance & security0% $1,600/yr

Maintenance11% $64,950/yr

Closing costs1% $5,100/yr

Mortgage is 51% of your true cost of ownership. The other 49% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$295,680	$24,640/mo
Government & taxes
Property tax	$56,771	$4,731/mo
Land transfer tax(closing)	$148,850	$12,404/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$4,200	$350/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$64,950	$5,413/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$580,212	$48,351/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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16 West Avenue

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs