1256 Cannon St E
Crown Point, Hamilton, L8H 1V3
FOR SALE
$389,900
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Property Description
FULL OF POTENTIAL ... Welcome to this cozy 2+1 bedroom, 1 bathroom bungalow located at 1256 Cannon St East in the heart of the Crown Point neighborhood in Hamilton. This property offers an excellent opportunity for first-time homebuyers, investors, or renovators looking to put their personal touch on a home with great potential. The main level features an open-concept layout that connects the living room and eat-in kitchen areas with a walk-out to the deck, yard, and shared driveway, creating an inviting space for everyday living. The partially finished basement includes an additional bedroom, providing extra space for guests, a home office, or a hobby room, plus laundry and plenty of storage. Nestled in a vibrant and family-friendly community, this home is close to public transit, parks, schools, the trendy Ottawa Street shopping district offering great dining, shopping, and amenities - making it an ideal location for a variety of lifestyles. Offered as is, where is, this property presents a fantastic opportunity to customize a home to suit your needs and preferences. Don't miss your chance to own in one of Hamilton's most sought-after neighborhoods.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-12-13 | 2025-01-16 | 34 | $399,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
< 700
Lot Size
25' x 100'
Acreage
< .50
Fronting
South
Taxes
$2,179 (2024)
Basement
Full, Part Fin
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.50' x 10.24' | |
Kitchen | Main | 18.08' x 12.66' | Eat-In Kitchen, W/O To Deck |
Prim Bdrm | Main | 10.24' x 8.33' | |
Bathroom | Main | 8.50' x 5.41' | 4 Pc Bath |
2nd Br | Main | 7.84' x 8.33' | |
3rd Br | Bsmt | 13.75' x 8.83' | |
Laundry | Bsmt | 11.42' x 9.74' | |
Other | Bsmt | 5.15' x 9.42' | Closet |
Other | Bsmt | 7.84' x 16.17' |
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Hamilton Market Statistics
Hamilton Price Trend
1256 Cannon St E is a 2-bedroom 1-bathroom home listed for sale at $389,900, which is $224,094 (36.5%) lower than the average sold price of $613,994 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 2 bedroom home in Hamilton increased by $62,357 (11.3%) compared to the previous 30 day period (December 20 - January 18) and down $41,532 (6.3%) from the same time one year ago.Inventory Change
There were 68 2-bedroom homes listed in Hamilton over the last 30 days (January 19 - February 17), which is up 58.1% compared with the previous 30 day period (December 20 - January 18) and up 19.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($5,277) (0.9%) below asking price over the last 30 days (January 19 - February 17), which represents a $6,975 increase compared to the previous 30 day period (December 20 - January 18) and ($5,002) 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 homes in Hamilton over the last 30 days (January 19 - February 17) stood at 51.5%, down from 97.7% over the previous 30 days (December 20 - January 18) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Hamilton stood at 41 days when successfully sold over the last 30 days (January 19 - February 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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