122 Broadway Ave
Ainslie Wood, Hamilton, L8S 2W1
FOR SALE
$1,299,000
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3 + 4
BEDROOMS3
BATHROOMS1 + 1
KITCHENS6
ROOMSX7226716
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Property Description
Perfect for investment or family living. 7 bed with large windows, 3 full bath, finished basement w/ high ceiling, separate side entrance, vinyl flooring (2023), updated kitchen with a wall oven and glass stovetop, granite bar top/backsplash. 4-piece Ceramic bathroom with marble features which includes a waterfall jacuzzi, spacious backyard with three sheds, attached garage. Close to all amenities including McMaster University, Westdale highschool, highway access, and Go/City bus routes, Tim Hortons/Starbucks, Fortinos, Shoppers, public library, bike trail and lanes, shopping, schools, Dalewood recreation centre, banks. New roof (2023), Furnace and water heater 5 years old. All units are fully rented to students until April 30th, 2024, with future increased income potential, and income generating coin-operated laundry. The City of Hamilton Rental Housing Licensing pilot program's rental housing license has been issued for this property!
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Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 130'
Acreage
< .50
Fronting
West
Taxes
$6,038 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.07' x 17.91' | |
| Dining | Main | 8.23' x 12.50' | |
| Kitchen | Main | 14.40' x 12.83' | |
| Prim Bdrm | Main | 14.40' x 12.01' | |
| Br | Main | 10.93' x 12.07' | |
| Br | Main | 15.49' x 9.84' | |
| Rec | Bsmt | 18.41' x 10.07' | |
| Laundry | Bsmt | 14.34' x 12.76' | |
| Br | Bsmt | 14.67' x 14.07' | |
| Br | Bsmt | 14.67' x 8.99' | |
| Br | Bsmt | 11.25' x 9.58' | |
| Br | Bsmt | 14.17' x 8.76' |
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Hamilton Market Statistics
Hamilton Price Trend
122 Broadway Ave is a 3-bedroom 3-bathroom home listed for sale at $1,299,000, which is $414,678 (46.9%) higher than the average sold price of $884,322 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $81,872 (10.2%) compared to the previous 30 day period (February 26 - March 26) and up $30,422 (3.6%) from the same time one year ago.Inventory Change
There were 325 3-bedroom homes listed in Hamilton over the last 30 days (March 27 - April 25), which is up 6.2% compared with the previous 30 day period (February 26 - March 26) and up 53.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($5,466) (0.6%) below asking price over the last 30 days (March 27 - April 25), which represents a $4,301 increase compared to the previous 30 day period (February 26 - March 26) and ($7,631) 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 27 - April 25) stood at 85.2%, up from 73.2% over the previous 30 days (February 26 - March 26) and down from 109.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Hamilton stood at 21 days when successfully sold over the last 30 days (March 27 - April 25), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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