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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 125 Robert St.
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Extras
All existing chattels are as is.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
32' x 70'
Fronting
North
Taxes
$2,717 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Driveway
None
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
129 Robert St is a 3-bedroom 1-bathroom home listed for sale at $499,999, which is $292,704 (36.9%) lower than the average sold price of $792,703 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $10,805 (1.4%) compared to the previous 30 day period (July 21 - August 19) and down $17,358 (2.1%) from the same time one year ago.Inventory Change
There were 349 3-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 40.2% compared with the previous 30 day period (July 21 - August 19) and up 41.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($15,744) (2.0%) below asking price over the last 30 days (August 20 - September 18), which represents a $3,145 increase compared to the previous 30 day period (July 21 - August 19) and ($5,214) 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 3-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 68.2%, down from 113.3% over the previous 30 days (July 21 - August 19) and up from 53.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Hamilton stood at 29 days when successfully sold over the last 30 days (August 20 - September 18), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Realty Systems Inc.
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