121 West 5th St

Southam, Hamilton, L9C 3N7
FOR SALE
$799,000
121 West 5th St, Hamilton
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
121 West 5th St
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3 + 3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
4 + 3
ROOMS
X8179170
MLSID
Contact Us
Property Description
Attention Investors! Are you searching for a lucrative opportunity to expand your portfolio? Look no further than this prime rental property in Hamilton's Mountain. Featuring 6 bedrooms, 2 bathrooms, and a spacious backyard, this property offers an excellent chance to add value and increase your income. The location is unbeatable, with Mohawk College just a 5-minute walk away, public transportation at your doorstep, and all nearby amenities, such as a hospital across the street. This turn-key investment comes fully furnished with everything you see in the photos. The interior of the property is bright and spacious, with a renovated kitchen and dining area in the finished basement and three additional bedrooms. This property can also be sectioned off into two separate 3-bed units with individual entrances already in place, offering even more potential for profit. Look today and seize the opportunity to own a profitable property in a prime location. Act fast before it's too late!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-04-21 2023-04-21 0 $699,000 - Terminated
2023-01-13 2023-01-24 11 $899,900 - Terminated
Property Features
Hospital, Other, Park, Public Transit, School, School Bus Route
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
44' x 90'
Fronting
East
Taxes
$3,860 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain8.01' x 10.99'
BrMain8.01' x 9.25'
BrMain11.84' x 12.34'
BrBsmt8.43' x 10.01'
BrBsmt10.24' x 11.52'
BrBsmt10.17' x 10.33'
Hamilton Market Statistics
Hamilton Price Trend
121 West 5th St is a 3-bedroom 2-bathroom home listed for sale at $799,000, which is $77,448 (8.8%) lower than the average sold price of $876,448 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $73,271 (9.1%) compared to the previous 30 day period (February 27 - March 27) and up $33,925 (4.0%) from the same time one year ago.
Inventory Change
There were 339 3-bedroom homes listed in Hamilton over the last 30 days (March 28 - April 26), which is up 10.8% compared with the previous 30 day period (February 27 - March 27) and up 55.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($5,780) (0.7%) below asking price over the last 30 days (March 28 - April 26), which represents a $3,348 increase compared to the previous 30 day period (February 27 - March 27) and ($8,807) 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 (March 28 - April 26) stood at 85.3%, up from 73.5% over the previous 30 days (February 27 - March 27) and down from 106.4% 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 21 days when successfully sold over the last 30 days (March 28 - April 26), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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