16 West Avenue S, Hamilton, ON L8N 2S1
Listed by Sandy Mackay • Real Broker Ontario Ltd.
16 West Avenue S , Hamilton, ON L8N 2S1
$ 5,995,000
Bed Rooms
26
Bath Rooms
--
SqFt
18,879
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21 photos
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Year Built
1869
ON MARKET
254
Property Type
Multi-Family
Price per Sqft
$317
Car Garage
--
Property Details
Key Details
Sub Type
Multi Family
Listing Status
Active
Purchase Type
For Sale
Square Footage
18,879 sqft
MLS Listing ID
40801471
Bedrooms
26
Abv Grd Liv Area
18,879
Annual Tax Amount
$56,771
Lot Size
0.430 Acres
Acres
0.43
Property Sub-Type
Multi Family
Source
Cornerstone
Location
Province
ON
County
Hamilton
Area
14 - Hamilton Centre
Zoning
D1
Direction
East on Main St, right on West Ave
Rooms
Basement
Full, Partially Finished
Kitchen
0
Interior
Interior Features
Separate Hydro Meters
Heating
Forced Air, Natural Gas
Cooling
Central Air
Fireplace
No
Appliance
Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry
In-Suite
Exterior
Roof Type
Asphalt Shing
Lot Frontage
153.0
Lot Depth
122.0
Garage
No
Building
Lot Description
City Lot, High Traffic Area, Library, Park, Place of Worship, Public Parking, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
Faces
East on Main St, right on West Ave
Story
2
Sewer
Sewer (Municipal)
Water
Municipal
Level or Stories
2
Structure Type
Brick
New Construction
No
Others
Senior Community
No
Tax ID
171770017
Ownership
Freehold/None
Copyright 2026 Information Technology Systems Ontario, Inc.
Residential financing tool — Navjot Singh

Residential mortgage & income qualification calculator

Ontario rules: minimum down payment tiers, CMHC/Sagen/Canada Guaranty insurance premiums, the federal stress test, GDS/TDS limits, and Ontario/Toronto land transfer tax. Enter the deal, see what income is required to qualify.

Purchase & mortgage inputs

Minimum required for this price: 5% on the first $500,000, 10% on the remainder.
Only 50% of condo fees count toward GDS/TDS.
Car loans, credit cards, student loans, other credit obligations.
Enter this to check pass/fail against required income. Leave at 0 to just see what's required.
Legal fees, title insurance, home inspection, adjustments.

Qualification & closing costs

Conventional (uninsured)
Loan amount
$0
Total mortgage (incl. premium)
$0
Monthly payment (contract rate)
$0
Monthly qualifying payment
$0
Stress-test qualifying rate (MQR)0.00%
GDS ratio (at qualifying rate)0.0%
TDS ratio (at qualifying rate)0.0%
Insurance premium rate—
Insurance premium$0
Ontario PST on premium (8%, cash)$0
Ontario land transfer tax$0
Ontario first-time buyer rebate$0
Toronto municipal land transfer tax$0
Toronto first-time buyer rebate$0
Total cash needed to close$0
For information purposes only. This calculator reflects publicly available federal and Ontario mortgage rules as of mid-2026 and does not constitute financial, legal, tax or mortgage advice. Confirm current rules and your actual qualification with a licensed mortgage professional or lender before making a decision.
  • Minimum down payment: 5% on the first $500,000, 10% on the portion from $500,000 to $1.5 million. Properties at or above $1.5 million require at least 20% down and cannot be insured.
  • Maximum insured amortization is 25 years, or 30 years if you are a first-time buyer or purchasing a new build. Insured mortgages also require a minimum credit score of 600 and a traditional (non-borrowed) down payment source.
  • The stress test qualifying rate is the greater of your contract rate + 2%, or the 5.25% regulatory floor.
  • GDS (39%) and TDS (44%) are standard insurer guidelines; individual lenders may apply different limits, especially for conventional (uninsured) mortgages.
  • Land transfer tax figures use current Ontario and Toronto marginal rate schedules and standard first-time buyer rebates. Other municipalities in Ontario do not currently levy a municipal land transfer tax.
Prepared by Navjot Singh.

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16 West Avenue S

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Navjot Singh

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