1383 Cannon St E

FOR SALE
$489,000
1383 Cannon St E, Hamilton
1383 Cannon St E
1383 Cannon St E
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
X10424608
MLSID
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Property Description
Welcome to 1383 Cannon Street East a delightful bungalow nestled in Hamilton's vibrant East End. This 3-bedroom, 1.5-bath gem is an ideal find for first-time buyers, downsizers, or savvy investors! Step inside to a sunlit living room, designed for relaxation and comfort. The kitchen features granite countertops, an undermount sink, stainless steel appliances, and generous cabinet space for all your culinary needs. The full, partially finished basement offers unlimited potential, perfect for adding a rec room, workshop, or creative studio. Outside, enjoy a spacious backyard ready for entertaining, gardening, or cozy nights by the firepit. Make this versatile property your next home!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-18 2024-10-24 36 $465,000 - Terminated
2022-11-20 2023-01-20 62 $2,400 $2,400 Leased
2019-05-14 2019-05-29 20 $299,900 $299,900 Sold
Extras
Clay Sewer line to city replaced, most appliances new within 3 years.
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
25' x 100'
Fronting
East
Taxes
$2,321 (2024)
Basement
Part Bsmt
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.48' x 12.80'W/O To Porch, Stainless Steel Appl, Pot Lights
LivingMain11.15' x 11.48'Pot Lights, Window, Laminate
BrMain10.50' x 11.15'Window, Laminate
2nd BrMain10.83' x 11.48'Window, Laminate
3rd BrMain8.86' x 7.22'Window, Laminate
Hamilton Market Statistics
Hamilton Price Trend
1383 Cannon St E is a 3-bedroom 2-bathroom home listed for sale at $489,000, which is $257,799 (34.5%) lower than the average sold price of $746,799 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $87,851 (10.5%) compared to the previous 30 day period (September 21 - October 20) and down $30,098 (3.9%) from the same time one year ago.
Inventory Change
There were 331 3-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is down 1.5% compared with the previous 30 day period (September 21 - October 20) and up 35.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($17,171) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,303 decrease compared to the previous 30 day period (September 21 - October 20) and ($23,304) 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 (October 21 - November 19) stood at 81.6%, up from 49.4% over the previous 30 days (September 21 - October 20) and up from 54.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 33 days when successfully sold over the last 30 days (October 21 - November 19), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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