1125 Cannon St E
Crown Point, Hamilton, L8L 2J7
FOR SALE
$498,900
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BEDROOMS2
BATHROOMS2
KITCHENS11
ROOMSX10442658
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Property Description
Fantastic Crown Point investment opportunity. Updated legal duplex walking distance to vibrant Ottawa St N. 2 bed main floor unit (unit 2) and 1 bed upper unit (unit 1). Each unit enjoys their own in suite laundry, dishwasher and dedicated outdoor space. Property also includes a large 20 x 20 double car garage accessible by both a side lane and a back lane. There are two additional parking spaces behind the garage. Cap rate of 6%.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-16 | 2024-11-21 | 97 | $544,000 | - | Terminated |
Nearby Intersections
Barton & Gage (25)
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Property Details
Street
Community
City
Property Type
Duplex, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
25' x 100'
Acreage
< .50
Fronting
North
Taxes
$2,278 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.47' x 11.81' | |
| Prim Bdrm | Main | 13.12' x 9.51' | |
| 2nd Br | Main | 11.48' x 7.55' | |
| Living | Main | 9.19' x 18.70' | |
| Bathroom | Main | 6.23' x 7.55' | 4 Pc Bath |
| Laundry | Main | 9.19' x 6.56' | Separate Shower |
| Kitchen | Upper | 13.12' x 18.37' | |
| Laundry | Upper | 7.87' x 5.91' | |
| Living | Upper | 10.83' x 14.11' | |
| Prim Bdrm | Upper | 15.09' x 14.76' | |
| Bathroom | Upper | 4.27' x 4.92' | 2 Pc Bath |
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Hamilton Market Statistics
Hamilton Price Trend
1125 Cannon St E is a 3-bedroom 2-bathroom home listed for sale at $498,900, which is $250,810 (33.5%) lower than the average sold price of $749,710 in the last 30 days (December 10 - January 8). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $6,714 (0.9%) compared to the previous 30 day period (November 10 - December 9) and down $22,325 (2.9%) from the same time one year ago.Inventory Change
There were 109 3-bedroom homes listed in Hamilton over the last 30 days (December 10 - January 8), which is down 60.1% compared with the previous 30 day period (November 10 - December 9) and up 31.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($18,513) (2.5%) below asking price over the last 30 days (December 10 - January 8), which represents a $576 increase compared to the previous 30 day period (November 10 - December 9) and ($31,681) 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 3-bedroom homes in Hamilton over the last 30 days (December 10 - January 8) stood at 167.9%, up from 85.3% over the previous 30 days (November 10 - December 9) and up from 138.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 41 days when successfully sold over the last 30 days (December 10 - January 8), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Community Professionals
Similar Listings
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