121 KING STREET EAST 501

Beasley, Hamilton, L8N 1A9
FOR SALE
$549,900
121 KING STREET EAST 501, Hamilton
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
121 KING STREET EAST 501
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X10403592
MLSID
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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. Joseph's 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. Don't miss out on this opportunity to own a piece of Hamilton's vibrant downtown living. Schedule a viewing before it's gone! SOME IMAGES ARE VIRTUALLY STAGED.
Property Features
Hospital, Other
Property Details
Community
Property Type
Condo Apt, Other
Approximate Sq.Ft.
800-899
Taxes
$1 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Air Conditioning
Central Air
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.57' x 13.91'
KitchenMain14.57' x 8.83'
Prim BdrmMain9.91' x 11.32'
BrMain8.60' x 10.60'
Hamilton Market Statistics
Hamilton Price Trend
121 KING STREET EAST 501 is a 2-bedroom 1-bathroom condo listed for sale at $549,900, which is $109,477 (16.6%) lower than the average sold price of $659,377 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 2 bedroom condo in Hamilton increased by $144,160 (28.0%) compared to the previous 30 day period (October 19 - November 17) and up $166,341 (33.7%) from the same time one year ago.
Inventory Change
There were 36 2-bedroom condos listed in Hamilton over the last 30 days (November 18 - December 17), which is down 37.9% compared with the previous 30 day period (October 19 - November 17) and up 56.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Hamilton typically sold ($36,807) (5.6%) below asking price over the last 30 days (November 18 - December 17), which represents a $20,425 decrease compared to the previous 30 day period (October 19 - November 17) and ($14,004) 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 (November 18 - December 17) stood at 61.1%, up from 39.7% over the previous 30 days (October 19 - November 17) and up from 47.8% 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 63 days when successfully sold over the last 30 days (November 18 - December 17), compared to 84 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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