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Property Description
Beautifully renovated (inside and out) and converted (in late 2022) all brick 3 unit property (legal duplex + basement in-law suite) in the popularStinson neighbourhood of Hamilton. Offering almost 3000 square feet across all units, this turn key investment presents healthy cash flow with20% down payment, 2 seperate hydro meters, in-suite laundry and TWO VACANT UNITS ready fo new tenants or a perfect live/ rentoppourtunity. Units are made of of Upper - 1330 square foot 3 bedroom (+den), 2 full bath - AAA tenanted at $2626.56 (starting in June), Main -824 square foot 1 bedroom, 1 bathroom (projected $1,700 +hydro + 30% of gas/water) & a Lower - 700 square foot 1 bedroom, 1 bathroom(projected $1500 + hydro + 24% gas/water) totalling ~$5800 + utilities in total gross income. Rarely offered with multiple vacant units in this market!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-02-14 | 2023-03-03 | 17 | $1,800 | - | Suspended |
| 2023-01-26 | 2023-02-14 | 19 | $1,900 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Lot Size
30' x 87'
Fronting
West
Taxes
$4,576 (2025)
Basement
Apartment, Finished
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
134 Ontario Ave is a 4-bedroom 4-bathroom home listed for sale at $949,900, which is $42,866 (4.3%) lower than the average sold price of $992,766 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $120,356 (10.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,454 (4.0%) from the same time one year ago.Inventory Change
There were 145 4-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 51.0% compared with the previous 30 day period (December 22 - January 20) and up 33.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($18,680) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $20,436 increase compared to the previous 30 day period (December 22 - January 20) and ($26,274) 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 4-bedroom homes in Hamilton over the last 30 days (January 21 - February 19) stood at 47.6%, up from 45.8% over the previous 30 days (December 22 - January 20) and down from 84.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Hamilton stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc.
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