131 Barons Ave S
Bartonville, Hamilton, L8K 2Y8
FOR SALE
$750,000
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2 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS8 + 4
ROOMSX9309355
MLSIDContact Us
Property Description
Fully renovated with luxury finishes from top to bottom and vacant waiting for it's next owner. Enjoy the peace of mind of brand new roof shingles, troughs, windows, and a full interior renovation. Rent out the completely separate basement apartment with it's own laundry, or use it for guests. Unique features include a full bathroom on each of the three levels, primary bedroom with ensuite bath and walk-in closet, and the potential for a rooftop deck. A back "bonus" room leading out to your new deck and private backyard with no neighbours on 2/3 sides is the cherry on top. You're only a walk away from Rosedale plaza for all of your grocery, banking, restaurant, and pharmacy needs...Don't miss out on this one!
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Property Features
Fenced Yard, Hospital, Public Transit, School Bus Route
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
37' x 91'
Fronting
East
Taxes
$4,001 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Hamilton Market Statistics
Hamilton Price Trend
131 Barons Ave S is a 2-bedroom 3-bathroom home listed for sale at $750,000, which is $63,663 (9.3%) higher than the average sold price of $686,337 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom home in Hamilton increased by $35,114 (5.4%) compared to the previous 30 day period (July 21 - August 19) and down $26,854 (3.8%) from the same time one year ago.Inventory Change
There were 73 2-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 25.9% compared with the previous 30 day period (July 21 - August 19) and up 15.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($15,414) (2.2%) below asking price over the last 30 days (August 20 - September 18), which represents a $10,619 decrease compared to the previous 30 day period (July 21 - August 19) and $1,021 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 2-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 117.8%, down from 162.1% over the previous 30 days (July 21 - August 19) and up from 74.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Hamilton stood at 42 days when successfully sold over the last 30 days (August 20 - September 18), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Signature Realty
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Calling all homebuyers looking to reduce your monthly mortgage payment or investors looking for agreat rental investment. You found it here with this legal duplex which has lots of potential!!! This house is perfectly situated in the high demand Blakely neighborhood and is fully leased. It is collecting approximate $41,000 annually with an NOI of $32,700 offering a compelling ROI boasting a cap rate around 4.8%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can reduce their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed.
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