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Property Description
Luxury Living with Investment Potential A Fully Renovated Home with ADU Opportunity Step into hotel-quality luxury in this meticulously renovated home, where top-tier finishes and thoughtful design create a bright, sophisticated, and move-in-ready space. This property offers elevated modern living with the added potential of a third income-generating unit! The open-concept main floor feels straight out of a luxury boutique hotel, featuring designer flooring, a stylish powder room with a modern vanity and custom wallpaper. The gourmet chefs kitchen is a masterpiece, showcasing sleek white cabinetry, brand-new appliances, and a striking full-height tiled backsplash that adds a touch of contemporary elegance. Upstairs, you'll find two bright and spacious bedrooms, each with ample closet space and a tranquil atmosphere. The 4-piece bathroom rivals a five-star spa, boasting a double sink vanity, a luxurious deep soaking tub, a sleek glass-enclosed rainfall shower, and premium finishes throughout. The fully finished basement with a separate entrance offers incredible flexibility whether as an in-law suite, rental unit, or private guest space. It includes a beautiful wet bar, a 3-piece bathroom with hotel-inspired finishes, a laundry area with an additional sink and brand-new washer & dryer, plus plenty of storage. A huge opportunity awaits with the detached garage, already equipped with hydro. This space can be converted into an Additional Dwelling Unit (ADU), creating a valuable third unit for rental income, a guest house, or a private workspace. With the cities push for more housing solutions, this could be a lucrative investment! Top-to-Bottom Upgrades for Peace of Mind: New roof shingles (2018) ,New AC & Furnace (2021), Updated plumbing & electrical, Fully finished basement with interior waterproofing, New windows (2021), Detached garage with hydro & automatic door opener (2021) ADU Potential
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-19 | 2024-09-10 | 53 | $675,000 | - | Terminated |
| 2022-02-02 | 2022-02-09 | 7 | $749,900 | $860,000 | Sold |
Nearby Intersections
Barton & Gage (26)
Property Features
Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
700-1100
Lot Size
24' x 71'
Acreage
< .50
Fronting
North
Taxes
$3,538 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Laundry | Bsmt | 8.23' x 12.66' |
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Hamilton Market Statistics
Hamilton Price Trend
1 Edward St is a 2-bedroom 3-bathroom home listed for sale at $779,990, which is $170,087 (27.9%) higher than the average sold price of $609,903 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $5,466 (0.9%) compared to the previous 30 day period (December 22 - January 20) and down $52,778 (8.0%) from the same time one year ago.Inventory Change
There were 67 2-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 59.5% compared with the previous 30 day period (December 22 - January 20) and up 15.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($5,239) (0.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $10,772 increase compared to the previous 30 day period (December 22 - January 20) and ($4,958) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Hamilton over the last 30 days (January 21 - February 19) stood at 49.3%, down from 78.6% over the previous 30 days (December 22 - January 20) and down from 94.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Hamilton stood at 40 days when successfully sold over the last 30 days (January 21 - February 19), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Rock Star Real Estate Inc.
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