1048 Garner Rd E

Ancaster, Hamilton, L9G 3K9
FOR SALE
$15,500,000
1048 Garner Rd E, Hamilton
1048 Garner Rd E
1048 Garner Rd E
1048 Garner Rd E
1048 Garner Rd E
1048 Garner Rd E
1048 Garner Rd E
1048 Garner Rd E
1048 Garner Rd E
1048 Garner Rd E
1048 Garner Rd E
1048 Garner Rd E
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3 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
X6068372
MLSID
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Property Description
Attention Developers And Builders! Land Banking Opportunity Just Across From New Residential Development. 19.5 Acre Land Parcel Surrounded By Residential Redevelopment And Schools. Close To John C Munro Airport And 403 Interchange. Lot Sizes As Per Plan Provided By Seller. Stream Running Through Part Of Land. A2 Zoning. Note: Two Parcels Being Sold Together With Two Access Points Off Garner Rd. Please Do Not Walk Property Without Notifying Listing Brokerage.
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Acreage
10-24.99
Fronting
East
Taxes
$9,638 (2022)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain13.32' x 20.67'
DiningMain13.16' x 9.74'
KitchenMain10.24' x 12.60'
BrMain10.01' x 10.50'
2nd BrMain10.66' x 9.15'
3rd BrMain10.60' x 11.58'
RecBsmt35.99' x 23.00'
4th BrBsmt16.34' x 12.99'
Hamilton Market Statistics
Hamilton Price Trend
1048 Garner Rd E is a 3-bedroom 1-bathroom home listed for sale at $15,500,000, which is $14,635,278 (1,692.5%) higher than the average sold price of $864,722 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $49,549 (6.1%) compared to the previous 30 day period (March 3 - April 1) and down $6,018 (0.7%) from the same time one year ago.
Inventory Change
There were 346 3-bedroom homes listed in Hamilton over the last 30 days (April 2 - May 1), which is up 21.4% compared with the previous 30 day period (March 3 - April 1) and up 52.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($9,419) (1.1%) below asking price over the last 30 days (April 2 - May 1), which represents a $1,071 decrease compared to the previous 30 day period (March 3 - April 1) and ($7,866) 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 3-bedroom homes in Hamilton over the last 30 days (April 2 - May 1) stood at 83.5%, up from 77.2% over the previous 30 days (March 3 - April 1) and down from 94.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (April 2 - May 1), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Edge Realty
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