125 Robert St

Beasley, Hamilton, L8L 2P7
FOR SALE
$999,999
125 Robert St, Hamilton
125 Robert St
125 Robert St
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X8374546
MLSID
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Property Description
Attention investors and developers! Zoning approved for a six (6) unit multiple-dwelling (three [3] duplexes)! Remarkable opportunity to build, invest in, or live in one! Steps to downtown, Go stations, major highways! Close to restaurants, cafes, and galleries! Close to McMaster, Mohawk College, shopping, and other amenities. There are lots of new developments in this pocket and surrounding areas! Must be sold with the neighboring house at 129 Robert St.
Extras
All existing chattels as is.
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
34' x 70'
Fronting
North
Taxes
$2,608 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
Other
Water
Municipal
Driveway
None
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
125 Robert St is a 1-bedroom 1-bathroom home listed for sale at $999,999, which is $514,999 (106.2%) higher than the average sold price of $485,000 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 1 bedroom home in Hamilton increased by $28,367 (6.2%) compared to the previous 30 day period (July 21 - August 19) and down $275,000 (36.2%) from the same time one year ago.
Inventory Change
There were 6 1-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 200.0% compared with the previous 30 day period (July 21 - August 19) and up 20.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom homes in Hamilton typically sold ($30,000) (6.2%) below asking price over the last 30 days (August 20 - September 18), which represents a $23,334 decrease compared to the previous 30 day period (July 21 - August 19) and ($21,925) 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 1-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 16.7%, down from 150.0% over the previous 30 days (July 21 - August 19) and down from 80.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom home in Hamilton stood at 21 days when successfully sold over the last 30 days (August 20 - September 18), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Realty Systems Inc.
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