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Property Description
Discover this well maintained home in the heart of Westdale, conveniently located near McMaster University, Columbia College, and Innovation Park. This property presents a wonderful opportunity for both homeowners seeking additional income and investors alike. The large covered front porch leads to the upper unit featuring 3 bedrooms and 1.5 bathrooms, neutrally decorated & move-in ready. The main floor features laminate flooring and offers a spacious kitchen, separate dining room, cozy den, powder room & living room. The kitchen is well-equipped with ample white shaker cabinetry, pot and pan drawers, a fridge, double oven, cooktop, a dishwasher, and a farmhouse sink. Patio doors open to a large deck and a fenced backyard, perfect for outdoor enjoyment. The lower level boasts an open-concept bachelor suite with a separate entrance, ideal for rental potential. Situated on a 30ft x 97ft lot, the home includes the convenience of private parking and shared laundry facilities in the basement. This home is ideally located close to schools, shopping, highways, and public transit routes. Don't miss out on this great opportunity!
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Property Features
Hospital, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
30' x 98'
Acreage
< .50
Fronting
South
Taxes
$6,153 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 11.25' x 13.91' | |
| Kitchen | Main | 8.92' x 10.99' | |
| Dining | Main | 10.83' x 10.93' | |
| Bathroom | Main | 3.41' x 6.00' | 2 Pc Bath |
| Mudroom | Main | 8.43' x 11.52' | |
| Prim Bdrm | 2nd | 10.43' x 12.76' | |
| 2nd Br | 2nd | 9.42' x 10.07' | |
| 3rd Br | 2nd | 9.91' x 10.07' | |
| Bathroom | 2nd | 6.07' x 7.91' | 4 Pc Bath |
| Laundry | Bsmt | 6.82' x 8.83' | |
| 4th Br | Bsmt | 5.91' x 11.75' | Combined W/Kitchen, Combined W/Rec |
| Bathroom | Bsmt | 6.59' x 6.59' | 3 Pc Bath |
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Hamilton Market Statistics
Hamilton Price Trend
131 Arkell St is a 3-bedroom 3-bathroom home listed for sale at $859,900, which is $106,879 (14.2%) higher than the average sold price of $753,021 in the last 30 days (December 14 - January 12). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $8,890 (1.2%) compared to the previous 30 day period (November 14 - December 13) and down $11,653 (1.5%) from the same time one year ago.Inventory Change
There were 123 3-bedroom homes listed in Hamilton over the last 30 days (December 14 - January 12), which is down 59.3% compared with the previous 30 day period (November 14 - December 13) and up 36.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,573) (2.6%) below asking price over the last 30 days (December 14 - January 12), which represents a $987 decrease compared to the previous 30 day period (November 14 - December 13) and ($31,408) 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 3-bedroom homes in Hamilton over the last 30 days (December 14 - January 12) stood at 126.0%, up from 75.8% over the previous 30 days (November 14 - December 13) and down from 130.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Hamilton stood at 43 days when successfully sold over the last 30 days (December 14 - January 12), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage State Realty
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