129 Whitney Ave
Ainslie Wood, Hamilton, L8S 2G6
FOR SALE
$899,000
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6 + 2
BEDROOMS4
BATHROOMS2
KITCHENS9 + 4
ROOMSX8233336
MLSIDContact Us
Property Description
Welcome to 129 Whitney Avenue, the perfect investment opportunity for those seeking steady rental income in a prime location! Just a 15-minute walk from McMaster University, this property offers exceptional earning potential.This property features 8 bedrooms and 4 bathrooms (with 2 tenants per bathroom), as well as 2 kitchens, with over $5000 in monthly rental income and projections to exceed $6000, generates a robust $47,700 of NOI.Consistently in high rental demand, this property's favourable bathroom-to-tenant ratio and spacious layout attract top-quality tenants year after year. Whether you're a seasoned investor or new to the market, this property offers a fantastic opportunity to grow your portfolio.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-07 | 2024-04-14 | 38 | $899,000 | - | Suspended |
| 2022-06-09 | 2022-08-29 | 81 | $829,900 | - | Suspended |
| 2021-02-26 | 2021-03-11 | 13 | $699,800 | $685,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
25' x 100'
Fronting
South
Taxes
$5,200 (2023)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.38' x 11.52' | |
| Prim Bdrm | 2nd | 20.67' x 8.79' | |
| Br | 2nd | 16.31' x 8.79' | |
| Br | 2nd | 8.10' x 17.49' | |
| Br | 2nd | 14.01' x 8.50' | |
| Kitchen | Main | 10.79' x 8.99' | |
| Br | Main | 20.57' x 8.99' | |
| Br | Main | 16.70' x 8.50' | |
| Br | Bsmt | 11.19' x 12.80' | |
| Br | Bsmt | 10.79' x 12.80' | |
| Living | Main | 11.78' x 10.89' |
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Hamilton Market Statistics
Hamilton Price Trend
129 Whitney Ave is a 6-bedroom 4-bathroom home listed for sale at $899,000, which is $186,575 (17.2%) lower than the average sold price of $1,085,575 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 6 bedroom home in Hamilton declined by $473,996 (30.4%) compared to the previous 30 day period (February 29 - March 29) and up $485,625 (80.9%) from the same time one year ago.Inventory Change
There were 8 6-bedroom homes listed in Hamilton over the last 30 days (March 30 - April 28), which is down 42.9% compared with the previous 30 day period (February 29 - March 29) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold ($38,618) (3.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $15,510 increase compared to the previous 30 day period (February 29 - March 29) and ($9,950) 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 6-bedroom homes in Hamilton over the last 30 days (March 30 - April 28) stood at 50.0%, down from 50.0% over the previous 30 days (February 29 - March 29) and up from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (March 30 - April 28), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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