101 Queen St 506

Durand, Hamilton, L8P 3R9
FOR SALE
$314,999
101 Queen St 506, Hamilton
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
101 Queen St 506
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
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Property Description
PRIME LOCATION TO INVEST IN! NESTLED BETWEEN HESS VILLAGE AND LOCKE STREET ESCARPMENT VIEWES! LARGE 1 BEDROOM UNIT CLOSED TO PARKS, FARMER'S MARKET, DOWNTOWN, GO TRANSIT, MCMASTER UNIVERSITY AND MOHAWK COLLEGE.
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, School
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,469 (2023)
Basement
None
Exterior
Brick Front, Concrete
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
None
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain11.75' x 17.32'Laminate, Open Concept
DiningMain11.75' x 17.32'Laminate, Open Concept
KitchenMain6.76' x 15.09'Tile Floor, Backsplash, Granite Counter
Prim BdrmMain10.07' x 15.16'Laminate, Semi Ensuite
SolariumMain3.58' x 18.41'
Hamilton Market Statistics
Hamilton Price Trend
101 Queen St 506 is a 1-bedroom 1-bathroom condo listed for sale at $314,999, which is $140,018 (30.8%) lower than the average sold price of $455,017 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 1 bedroom condo in Hamilton declined by $10,716 (2.3%) compared to the previous 30 day period (July 22 - August 20) and down $18,643 (3.9%) from the same time one year ago.
Inventory Change
There were 61 1-bedroom condos listed in Hamilton over the last 30 days (August 21 - September 19), which is up 10.9% compared with the previous 30 day period (July 22 - August 20) and up 41.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Hamilton typically sold ($5,568) (1.2%) below asking price over the last 30 days (August 21 - September 19), which represents a $150 increase compared to the previous 30 day period (July 22 - August 20) and ($15,444) 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 1-bedroom condos in Hamilton over the last 30 days (August 21 - September 19) stood at 73.8%, down from 120.0% over the previous 30 days (July 22 - August 20) and up from 34.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Hamilton stood at 42 days when successfully sold over the last 30 days (August 21 - September 19), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Summit Realty Inc.
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