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183 James Street S, Hamilton, ON L8P 3A8

Commercial Retail
$2,399,000

Offered for only the second time since the 1950s, The John Patterson house is a landmark Hamilton mansion occupying a commanding corner at James South and Young. Known for its distinctive turret and imposing proscenium porch, this remarkable property is steps to St. Joseph's Hospital, the Hunter Street GO station, the Augusta Street restaurant district, the downtown core, major transit, restaurants, offices, and ongoing development. The location is unparalleled for exposure, appreciation, and access. Thoughtfully converted over time into a remarkable mixed-use building, it now offers a rare blend of heritage architecture, diversified income, and deep pride of ownership. The lower level fronts at grade onto Young Street and is home to two exceptional hospitality spaces, including a celebrated pizza shop and a beautifully designed dining room with a major recent high-end build-out. The sprawling main floor is a stunning professional office suite with private offices, open work areas, large kitchen, a spectacular boardroom, coffered ceilings, leaded glass, rich woodwork, and a grand entry foyer. The upper levels are equally memorable. The second floor is an elegant apartment with soaring ceilings, generous principal rooms, beautiful mouldings, abundant natural light, and exclusive rooftop patio access. The third floor has a distinctly urban, character-filled feel, with a skylit kitchen, spacious living area, large bedroom, and a spectacular turret room with dramatic windows and soaring ceiling height. Meticulously maintained, extensively updated, and rich with original detail, this is not just another mixed-use asset. Solid brick construction, slate roof, copper eaves/downspouts, rare on-site parking for up to 12 vehicles, and excellent tenants throughout make this a unique opportunity. This is a true Hamilton trophy property - a piece of the city's architectural fabric.

MLS number
X13761340
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
L8P 3A8
Photos
48
Property tax
$24,098 / year
2days · this listing
74days · this property (3 listings)

This home has been listed 3 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

74 days on the market across 3 listings
This listing shows 2 days on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Central Junior Public School
Hamilton-Wentworth DSB
Elementary434 m4.1 / 10
41% met the standard · 3 of 6 measures
Queen Victoria Elementary Public School
Hamilton-Wentworth DSB
Elementary519 m4.6 / 10
46% met the standard
Queensdale School
Hamilton-Wentworth DSB
Elementary1.1 km6.4 / 10
64% met the standard
Kanétskare Elementary School Middle School
Hamilton-Wentworth DSB
Elementary939 m6.8 / 10
68% met the standard · 3 of 6 measures
Dr. J. Edgar Davey Elementary Public School
Hamilton-Wentworth DSB
Elementary1.1 km4.9 / 10
49% met the standard
Hess Street Junior Public School
Hamilton-Wentworth DSB
Elementary1.4 km4.5 / 10
45% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,473 people.

$50,800Median household income
9.7%Own their home
0.6%Detached houses
33.6Median age
32%Born outside Canada
35%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35250434 — the few blocks around this address, home to 1,473 people. It describes the area, not this property.

1,473Population
38.5Average age
1.9Household size
$61,900Average household income
$50,800Median household income
10%Own their home
90%Rent
19%Condominiums
32%Born outside Canada
35%University degree
$390,000Average home value
27%Low income
57%Not in the labour force
44%Never married
Under $5,0003%
$5,000 to $9,9991%
$10,000 to $14,9992%
$15,000 to $19,9993%
$20,000 to $24,9996%
$25,000 to $29,9996%
$30,000 to $34,9997%
$35,000 to $39,9995%
$40,000 to $44,9996%
$45,000 to $49,9994%
$50,000 to $59,9997%
$60,000 to $69,9999%
$70,000 to $79,9996%
$80,000 to $89,9997%
$90,000 to $99,9994%
$100,000 and over12%
$100,000 to $124,9997%
$125,000 to $149,9993%
$150,000 to $199,9992%

Percentages are of the 890 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$479,800 · minimum here is $479,800
$10,622.25per month
Borrowed before insurance$1,919,200
Total borrowed$1,919,200
Interest over 25 years at 4.5%$1,267,476

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$8,632.42per month out of pocket
Rent$3,998.00
Everything it costs to hold$12,630.42
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Corcoran Horizon Realty. Listing data provided by the Toronto Regional Real Estate Board.