122 Rifle Range Rd

FOR SALE
$789,900
122 Rifle Range Rd, Hamilton
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
122 Rifle Range Rd
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4 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
1 + 1
ROOMS
X12016154
MLSID
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Property Description
Investor's Dream in Prime Hamilton Location! This raised bungalow located 5 minutes from McMaster offers 4+2 bedrooms, 2 full bathrooms, 2 kitchens, and a separate entrance to a fully equipped in-law suite with two rooms, one being an oversized room that can easily be converted into two. This home is a prime investment opportunity for savvy investors or families looking for mortgage-helping rental income. Enjoy the attached garage with possibility to convert into additional income generating space, large 50x100ft lot, and a quiet yet ultra-convenient location. Steps from the bus route to McMaster University, GO bus routes, walking distance to Fortinos grocery store, and quick access to highways & amenities. This turnkey property is ready for its next owner whether you're an investor, student rental buyer, or multi-generational household, this is an opportunity you don't want to miss!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-10-08 2022-10-13 5 $768,000 $736,800 Sold
Property Features
Hospital, Library, Public Transit, School Bus Route
Property Details
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 100'
Fronting
West
Taxes
$5,724 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrMain10.99' x 12.30'
2nd BrMain10.99' x 8.86'
3rd BrMain10.99' x 8.86'
4th BrMain11.48' x 11.48'
BreakfastMain11.48' x 6.23'
KitchenMain11.48' x 12.30'
BathroomMain5.58' x 9.19'4 Pc Bath
BrBsmt12.14' x 33.79'
2nd BrBsmt12.14' x 8.20'
BathroomBsmt3.94' x 9.84'3 Pc Bath
LaundryBsmt12.47' x 7.22'
KitchenBsmt12.47' x 12.47'
Hamilton Market Statistics
Hamilton Price Trend
122 Rifle Range Rd is a 4-bedroom 2-bathroom home listed for sale at $789,900, which is $202,866 (20.4%) lower than the average sold price of $992,766 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $120,356 (10.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,454 (4.0%) from the same time one year ago.
Inventory Change
There were 145 4-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 51.0% compared with the previous 30 day period (December 22 - January 20) and up 33.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($18,680) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $20,436 increase compared to the previous 30 day period (December 22 - January 20) and ($26,274) 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 4-bedroom homes in Hamilton over the last 30 days (January 21 - February 19) stood at 47.6%, up from 45.8% over the previous 30 days (December 22 - January 20) and down from 84.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Hamilton stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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