115 Empress Avenue, Hamilton, ON
Centremount, Hamilton · MLS® X13093182
About this home
Welcome to 115 Empress Ave in Hamilton's desirable Centremount neighbourhood, a charming, detached bungalow. Ideally located beside Bruce Park, enjoy privacy with no neighbours on the one side and abundance of extra sunlight to warm your new home. Situated on a generous 43 x 110 ft lot, this well-maintained home offers approximately 920 sq ft above grade with a functional layout suited for families, first-time buyers, or investors. The interior features 2 + 1 bedrooms and 2 bathrooms, including a basement bathroom updated in 2016, along with plumbing improvements completed the same year. The bright main floor is enhanced by updated windows in 2024, with additional kitchen windows replaced in 2013 and dining room windows in 2018. The fully finished basement offers added versatility with vinyl and laminate flooring and a separate side entrance, ideal for extended family living or potential in-law setup. Outside, the property includes a detached one-car garage, a single-wide asphalt driveway, and parking for up to five vehicles. Major updates include central air conditioning installed in 2016 and a roof shingle replacement in 2017. Located just steps from Bruce Park and close to schools, shopping, amenities, and public transit, this home offers a convenient and comfortable lifestyle in a sought-after Hamilton community.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- X13093182
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 43.5 × 110.17 ft
- Cross streets
- Upper James St
- Parking
- 1 garage · 5 parking (detached)
- Driveway
- Private
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,416 / 2025
- Days on market
- 72
- Listing brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Rooms
4 Pc Bath
3 Pc Bath
Listed at $574,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Centremount, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $672K, a bit higher.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $880K
- Adjusts to $880K
That comparable adjusts to $880K; the $570K estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. INVERNESS at BELAIR is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $570K, median of 7 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 17% above the area average of $547/sqft.
70 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Centremount, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: INVERNESS at BELAIR, about 300 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $459,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,454
- Property tax
- $368
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,822
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,973
- Estimated closing costs
- $7,973
Plus your down payment of $114,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $147,258
- Principal paid down
- $58,571
- Interest paid
- $88,687
- Balance remaining
- $401,349
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT GOLFI REALTY INC.. MLS®/PropTx.