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BEDROOMS3
BATHROOMS2
KITCHENS12
ROOMSX11952836
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Property Description
**Back on market at lower price** Fantastic opportunity for investors or first time home buyers. Vacant 5 bedroom duplex in up and coming North Sherman neighbourhood. Main floor unit is one bed/one bath with living room. Upstairs boasts 4 spacious bedrooms, one bath, and a living room. Both units have their own kitchen. Live in one and rent out the other or rent out both--no tenants; you set the rents! House has new floors and fresh paint. Separate hydro meters and entrances. Finished basement has its own entrance and could be retrofitted into a third unit to further boost income. Laundry in basement. Private fenced backyard. C5 zoning allows for many retail, service, or commercial uses! Walking distance to Playhouse Cinema, Barton Village lined with shops, a library, yoga studio and trendy restaurants. Close to the hospital, West Harbour GO Station and a short drive to the QEW.
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Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Duplex, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
28' x 45'
Fronting
West
Taxes
$2,862 (2024)
Basement
Part Fin
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 10.83' x 13.12' | |
| Br | Main | 10.83' x 12.14' | |
| Kitchen | Main | 10.50' x 8.20' | |
| Bathroom | Main | 5.91' x 3.61' | |
| Bathroom | Main | 5.25' x 3.61' | |
| Family | 2nd | 11.81' x 10.83' | |
| Br | 2nd | 10.50' x 10.83' | |
| Kitchen | 2nd | 6.23' x 10.83' | |
| Bathroom | 2nd | 5.25' x 7.22' | |
| Br | 3rd | 9.84' x 15.75' | |
| Br | 3rd | 8.53' x 15.75' |
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Hamilton Market Statistics
Hamilton Price Trend
1 MILTON Ave is a 5-bedroom 3-bathroom home listed for sale at $480,000, which is $433,375 (47.4%) lower than the average sold price of $913,375 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $831,625 (47.7%) compared to the previous 30 day period (December 22 - January 20) and down $536,701 (37.0%) from the same time one year ago.Inventory Change
There were 33 5-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 50.0% compared with the previous 30 day period (December 22 - January 20) and up 6.5% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($22,434) (2.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $94,966 increase compared to the previous 30 day period (December 22 - January 20) and ($91,146) more 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 5-bedroom homes in Hamilton over the last 30 days (January 21 - February 19) stood at 24.2%, up from 9.1% over the previous 30 days (December 22 - January 20) and down from 41.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Hamilton stood at 18 days when successfully sold over the last 30 days (January 21 - February 19), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Streetcity Realty Inc.
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