1292 Old Highway 8
Rural Flamborough, Hamilton, L0R 1Z0
FOR SALE
$3,950,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
2
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSX8415472
MLSIDContact Us
Property Description
Beautifully landscaped 3 bedroom, 2 bathroom house on large 8.7 acre lot. Land has settlement commercial zoning with a variety of commercial and office uses permitted. The property previously operated as a nursery and has 2 income-producing solar panel systems onsite. The house has it's own separate driveway and access from the rest of the commercial land.
Call
Call
Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
762' x 678'
Fronting
North
Taxes
$6,387 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Available
Garage Type
Attached
Call
Hamilton Market Statistics
Hamilton Price Trend
1292 Old Highway 8 is a 2-bedroom 2-bathroom home listed for sale at $3,950,000, which is $3,334,629 (541.9%) higher than the average sold price of $615,371 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $75,325 (10.9%) compared to the previous 30 day period (September 15 - October 14) and down $97,098 (13.6%) from the same time one year ago.Inventory Change
There were 46 2-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is down 41.8% compared with the previous 30 day period (September 15 - October 14) and down 37.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($12,691) (2.1%) below asking price over the last 30 days (October 15 - November 13), which represents a $6,576 increase compared to the previous 30 day period (September 15 - October 14) and ($21,878) 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 2-bedroom homes in Hamilton over the last 30 days (October 15 - November 13) stood at 102.2%, up from 74.7% over the previous 30 days (September 15 - October 14) and up from 48.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Hamilton stood at 40 days when successfully sold over the last 30 days (October 15 - November 13), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Avison Young Commercial Real Estate Services, Lp
Similar Listings
This Early Upper Canada Family Farmstead Is Older Than Confederation And Will Stimulate Your Curiosity About The Past. This Very Rare Property Was Originally Granted In The Late 18th Century And Is 183 Acres With Much To Discover. Four Century Buildings Include A Stone House, A Massive Barn, A Converted Farmhouse And A Second Partial Stone Residence. Over 7800 Square Feet Of Residential Living Space And Over 100 Acres Of Workable And Rentable Land Provide A Significant Income Level For A Resident Or Non-Resident Owner. Traversed By An Ample Creek And A Large Pond, The Property Features A Maple Bush, Cedar Stand, Sweet Voluminous Well Water, Interesting Hand-Hewn Exposed Wood And Stone Building Materials And So Much More. As An Income Investment Or A Private Multi-Generational Family Estate, This Is Truly A Unique Opportunity For The Right Buyer. Is Peppermint Creek Farm Your Next Homestead? Don't Wait To Make Your Own History!
Call
Call