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BEDROOMS2
BATHROOMS2
KITCHENS10
ROOMSX11910144
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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 is vacant to allow 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 tenant 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 |
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
22' x 96'
Fronting
East
Taxes
$3,165 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Available
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
12 William St is a 3-bedroom 2-bathroom home listed for sale at $639,900, which is $118,315 (15.6%) lower than the average sold price of $758,215 in the last 30 days (December 9 - January 7). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $2,369 (0.3%) compared to the previous 30 day period (November 9 - December 8) and down $25,069 (3.2%) from the same time one year ago.Inventory Change
There were 93 3-bedroom homes listed in Hamilton over the last 30 days (December 9 - January 7), which is down 65.9% compared with the previous 30 day period (November 9 - December 8) and up 10.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,083) (2.5%) below asking price over the last 30 days (December 9 - January 7), which represents a $60 decrease compared to the previous 30 day period (November 9 - December 8) and ($32,546) 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 9 - January 7) stood at 200.0%, up from 83.5% over the previous 30 days (November 9 - December 8) and up from 131.0% 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 9 - January 7), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Rock Star Real Estate Inc.
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