103 Grant Ave

Stinson, Hamilton, L8N 2X6
FOR SALE
$799,900
103 Grant Ave, Hamilton
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
103 Grant Ave
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5
BEDROOMS
3
BATHROOMS
2
KITCHENS
10
ROOMS
X8088534
MLSID
Contact Us
Property Description
Stinson area amazing value, renovated legal 2 family detached 2.5 storey home. LEGAL DUPLEX in highly desirable Stinson neighborhood. Unit 1 - main floor (1 bed 1 bath). Unit 2 - Upper 2 level with large loft( 3 bed 2 bath with loft)This legal Duplex is turnkey with load of updates. Each unit has a nice sized kitchen with brand new SS stove & refrigerator(2023) High end hardwood flooring throughout(2023). Updated forced air gas heating (2023) with newer furnace. Brand new insulation done in loft level (2023), roof shingles (2022), owned hot water tank (newer), Separate laundry set up in each unit. Fully fenced Private backyard. Separate hydro meters. INVESTORS potential 6% cap rate in this turnkey property. Main floor unit rented to AAA tenants. Upper unit in high rental demand is vacant. For Buyers who would like to live in this hip area in larger upper unit, take advantage of additional income, fantastic tenants at the property on main floor to assist with mortgage payment. Don't miss out to secure a lovely home in the heart of downtown close to financial district, entertainment area. LRT to be at your door step with direct connection to Hamilton GO. Take advantage of the great value before property price jump, imminent in the Hamilton core.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-12 2023-11-29 48 $799,900 - Terminated
Extras
New windows (dining room & loft), new A/C to be installed before closing. Pictures done before tenants moved in.
Property Features
Public Transit
Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
25' x 78'
Fronting
East
Taxes
$3,820 (2023)
Basement
Part Bsmt
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround9.84' x 18.57'Hardwood Floor
DiningGround9.15' x 10.01'Hardwood Floor
KitchenGround9.58' x 10.07'Ceramic Floor
BrGround11.09' x 11.09'
Family2nd9.09' x 11.15'
Kitchen2nd8.23' x 9.74'Ceramic Floor
3rd Br2nd9.09' x 13.58'Hardwood Floor
4th Br2nd8.92' x 9.74'
5th Br3rd13.42' x 25.59'Hardwood Floor
Den3rd9.09' x 11.15'Hardwood Floor
Hamilton Market Statistics
Hamilton Price Trend
103 Grant Ave is a 5-bedroom 3-bathroom home listed for sale at $799,900, which is $596,000 (42.7%) lower than the average sold price of $1,395,900 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $312,601 (28.9%) compared to the previous 30 day period (February 27 - March 27) and up $273,645 (24.4%) from the same time one year ago.
Inventory Change
There were 45 5-bedroom homes listed in Hamilton over the last 30 days (March 28 - April 26), which is up 45.2% compared with the previous 30 day period (February 27 - March 27) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($65,505) (4.7%) below asking price over the last 30 days (March 28 - April 26), which represents a $17,428 decrease compared to the previous 30 day period (February 27 - March 27) and $10,924 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 5-bedroom homes in Hamilton over the last 30 days (March 28 - April 26) stood at 33.3%, down from 64.5% over the previous 30 days (February 27 - March 27) and down from 126.7% 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 64 days when successfully sold over the last 30 days (March 28 - April 26), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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