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BEDROOMS2
BATHROOMS2
KITCHENS10
ROOMSX10422881
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Property Description
Discover the perfect blend of comfort, modern updates, and investment potential with this beautifully updated legal 2-unit home, ideally located near Hamilton General Hospital and Woodlands Park. With a full renovation completed in 2020, this property boasts peace of mind and curb appeal with recent upgrades including plumbing, electrical (200 AMP service), eaves, windows, roof, 1 inch water line, and waterproofing, ensuring years of worry-free ownership. This duplex offers two distinct units each with their own laundry. The first unit is a charming 1-bedroom space currently occupied by a great tenant who contributes to the upkeep by handling exterior maintenance under a maintenance agreement a real bonus for any owner. The tenant's reliability and contribution make this unit a stable and convenient income source, adding value for both seasoned and first-time investors or first-time home buyers who get a great mortgage helper on day 1. The second unit is a spacious 2-bedroom haven with great natural light, creating an open, airy feel that enhances its appeal and will be vacant as of January 1 for a new owner to move in or investor to pick their own tenant. Both units feature thoughtfully renovated kitchens and bathrooms, separate hydro meters, and separate entrances. Whether you're aiming to expand your investment portfolio or are a new buyer searching for a smart start, this turn-key 2-unit home combines modern upgrades with long-term potential. The basement offers a rough in for another washroom and laundry hookups are available on the main level leaving open the possibility of finishing the basement to add more space or with city approval adding an ADU at the back making it a rare opportunity in Hamilton's real estate market. Interior pictures are from before tenants moved in.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-11-10 | 2020-11-16 | 6 | $559,500 | $575,000 | Sold |
Property Features
Hospital
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
22' x 96'
Acreage
< .50
Fronting
East
Taxes
$3,165 (2024)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.25' x 14.01' | |
| Dining | Main | 6.66' x 5.68' | |
| Kitchen | Main | 12.60' x 6.27' | |
| Br | Main | 10.99' x 11.32' | |
| Living | 2nd | 9.58' x 12.99' | |
| Kitchen | 2nd | 5.25' x 15.75' | |
| Prim Bdrm | 2nd | 9.32' x 11.25' | |
| Br | 2nd | 9.32' x 8.17' |
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Hamilton Market Statistics
Hamilton Price Trend
12 WILLIAM St is a 3-bedroom 2-bathroom home listed for sale at $649,900, which is $96,899 (13.0%) lower than the average sold price of $746,799 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $87,851 (10.5%) compared to the previous 30 day period (September 21 - October 20) and down $30,098 (3.9%) from the same time one year ago.Inventory Change
There were 331 3-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is down 1.5% compared with the previous 30 day period (September 21 - October 20) and up 35.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($17,171) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,303 decrease compared to the previous 30 day period (September 21 - October 20) and ($23,304) 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 (October 21 - November 19) stood at 81.6%, up from 49.4% over the previous 30 days (September 21 - October 20) and up from 54.3% 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 33 days when successfully sold over the last 30 days (October 21 - November 19), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Rock Star Real Estate Inc., Brokerage
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