1291 Old Highway 8
Rural Flamborough, Hamilton, L0R 1Z0
FOR SALE
$2,450,000
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Property Description
The TOTAL PACKAGE!!! ~6000 sq ft outbuilding & a ~2200 sq ft bungalow, with a grade level walk-out basement, all situated on ~42 picturesque acres. The ~6000 sq ft outbuilding features 3PHASE (600volts 500 amp) electrical service. In floor heating in the in-law suite & middle bay only. 3 bay doors, office & 3pce bath. PLUS there is a 1 bedroom loft in-law suit. Bright sun filled open concept floor plan. Living room with cozy gas fireplace. Updated kitchen with a huge island with breakfast bar, quartz counters, 36 Wolf stove, stainless steel fridge/freezer & Miele dishwasher. Spacious bedroom overlooking the main floor with wood ceilings. Combination walk-in closet, laundry with full size washer/dryer & 3pce bath. For the INVESTOR there's a potential for great MONEY MAKING OPPORTUNITIES!!! Sprawling ~2200 sq ft 4 bedroom, 3 bath brick home offers a large living room with double sided wood burning fireplace. Eat-in kitchen with a walk-out to a composite deck & above ground pool. Full basement, partially finished with a grade level walk-out. Separate workshop/hobby room. New125' deep well in 2020. 42 acres with ~30 acres workable. For the owner, you have your own gym (47' X38'). Close to a full size indoor Pickleball Court, Basketball half court, ball hockey area or Yoga Studio. Other options: pottery studio, arts, crafts or storage for vintage & classic cars.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-07-05 | 2023-06-30 | 362 | $2,690,000 | - | Expired |
2022-07-05 | 2023-06-30 | 363 | $2,690,000 | - | Expired |
Property Features
Level, Park, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
248' x 1,344'
Acreage
25-49.99
Fronting
South
Taxes
$3,933 (2023)
Basement
Full, Part Fin
Exterior
Board/Batten, Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Well
Pool
Abv Grnd
Parking Spaces
10
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.52' x 20.34' | |
Dining | Main | 9.15' x 13.42' | |
Kitchen | Main | 13.85' x 13.48' | |
Family | Main | 14.24' x 24.02' | |
Prim Bdrm | Main | 13.12' x 11.52' | |
2nd Br | Main | 12.76' x 10.17' | |
3rd Br | Main | 12.66' x 9.91' | |
4th Br | Main | 9.84' x 10.99' | |
Great Rm | Main | 13.12' x 20.83' | |
Dining | Main | 9.84' x 20.83' | |
Kitchen | Main | 22.97' x 20.83' | |
Prim Bdrm | 2nd | 20.93' x 23.00' |
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Hamilton Market Statistics
Hamilton Price Trend
1291 Old Highway 8 is a 5-bedroom 4-bathroom home listed for sale at $2,450,000, which is $1,502,162 (158.5%) higher than the average sold price of $947,838 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $266,376 (21.9%) compared to the previous 30 day period (September 21 - October 20) and down $94,468 (9.1%) from the same time one year ago.Inventory Change
There were 43 5-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is up 10.3% compared with the previous 30 day period (September 21 - October 20) and up 48.3% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($35,670) (3.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $26,015 increase compared to the previous 30 day period (September 21 - October 20) and ($36,846) 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 5-bedroom homes in Hamilton over the last 30 days (October 21 - November 19) stood at 51.2%, up from 35.9% over the previous 30 days (September 21 - October 20) and down from 51.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Hamilton stood at 38 days when successfully sold over the last 30 days (October 21 - November 19), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Edge Realty
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