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Property Description
Welcome to Unit 501 at 121 King St E, Gore Park Lofts, where urban living meets historic charm. This spacious 2 bedroom condo with over 800 Sq. Ft. of living space features the convenience of a in-unit laundry and is surrounded by all amenities you could ask for. Located just minutes away from St. Josephs hospital, Hamilton General, Hamilton Satellite Health Facility, and much more. With easy access to transportation, including the Hamilton GO station and public transit (to Mcmaster university), this condo is perfect for those who need to commute for work or school. Private parking is available for transfer.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-18 | 2024-12-27 | 100 | $549,900 | - | Terminated |
| 2024-09-18 | 2024-12-27 | 100 | $2,200 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.57' x 13.91' | |
| Kitchen | Main | 14.57' x 8.83' | |
| Prim Bdrm | Main | 9.91' x 11.32' | |
| 2nd Br | Main | 8.60' x 10.60' |
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Hamilton Market Statistics
Hamilton Price Trend
121 King St E 501 is a 2-bedroom 1-bathroom condo listed for sale at $535,000, which is $81,785 (13.3%) lower than the average sold price of $616,785 in the last 30 days (December 8 - January 6). During the last 30 days the average sold price for a 2 bedroom condo in Hamilton declined by $2,475 (0.4%) compared to the previous 30 day period (November 8 - December 7) and up $176,785 (40.2%) from the same time one year ago.Inventory Change
There were 23 2-bedroom condos listed in Hamilton over the last 30 days (December 8 - January 6), which is down 54.0% compared with the previous 30 day period (November 8 - December 7) and up 76.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Hamilton typically sold ($35,853) (5.8%) below asking price over the last 30 days (December 8 - January 6), which represents a $6,911 decrease compared to the previous 30 day period (November 8 - December 7) and ($8,775) 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 (December 8 - January 6) stood at 30.4%, down from 56.0% over the previous 30 days (November 8 - December 7) and down from 30.8% 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 55 days when successfully sold over the last 30 days (December 8 - January 6), compared to 92 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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