121 KING St E 308

Beasley, Hamilton, L8N 1A9
FOR SALE
$498,000
121 KING St E 308, Hamilton
121 KING St E 308
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X11968538
MLSID
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Property Description
Discover urban sophistication at its finest in this exceptional two-bedroom loft residence at Gore Park Lofts. Marrying modern elegance with historic charm, the space features striking exposed brick accents alongside sleek laminate flooring. The gourmet kitchen, complete with quartz countertops, stainless steel appliances, custom cabinetry, and a chic breakfast bar, is designed to impress and inspire. Enjoy captivating escarpment views from your private Juliet balcony while in-suite laundry and secure storage offer everyday convenience. Ideally situated for urban explorers, you're just steps from scenic walk and bike paths, local markets, eclectic dining, and premier shopping. Embrace the dynamic energy of downtown living in a home that truly has it all.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-22 2024-11-12 113 $549,999 - Terminated
2024-08-03 2024-10-07 65 $2,299 - Terminated
2024-05-30 2024-07-22 53 $699,999 - Terminated
2024-05-22 2024-05-31 9 $2,600 - Terminated
2024-04-02 2024-05-06 34 $549,900 - Terminated
2023-07-14 2023-07-19 5 $669,999 - Terminated
2023-06-20 2023-07-07 17 $675,000 - Terminated
2023-06-20 2023-07-07 17 $675,000 - Terminated
2023-04-18 2023-06-20 63 $635,000 - Terminated
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$4,728 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
121 KING St E 308 is a 2-bedroom 1-bathroom condo listed for sale at $498,000, which is $23,981 (5.1%) higher than the average sold price of $474,019 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Hamilton declined by $95,071 (16.7%) compared to the previous 30 day period (December 22 - January 20) and up $162,583 (52.2%) from the same time one year ago.
Inventory Change
There were 55 2-bedroom condos listed in Hamilton over the last 30 days (January 21 - February 19), which is up 66.7% compared with the previous 30 day period (December 22 - January 20) and up 129.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Hamilton typically sold ($17,432) (3.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,738 increase compared to the previous 30 day period (December 22 - January 20) and ($8,291) 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 2-bedroom condos in Hamilton over the last 30 days (January 21 - February 19) stood at 34.5%, up from 33.3% over the previous 30 days (December 22 - January 20) and down from 150.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Hamilton stood at 45 days when successfully sold over the last 30 days (January 21 - February 19), compared to 88 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Metropolis Realty
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