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
X9356697
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Property Description
Welcome to 1383 Cannon Street East, a charming bungalow located in the heart of Hamilton's East End. This 3-Bed, 1.5-Bathhome offers the perfect opportunity for first-time buyers, downsizers, or investors ! As you enter, you're greeted by a bright and inviting living area, perfect for relaxing after a long day. The Kitchen offers ample cabinet space, Granite Countertops, undermount sink, and Stainless Appliances. The full, unfinished basement is a blank canvas waiting for your vision whether you're looking to create extra living space, a workshop, or a personal studio, the possibilities are endless. Outisde, the spacious backyard provides a private oasis for outdoor entertaining, gardening, firepit ready!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-11-20 2023-01-20 62 $2,400 $2,400 Leased
2019-05-14 2019-05-29 20 $299,900 $299,900 Sold
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, Window, Stainless Steel Appl
LivingMain11.15' x 11.48'Pot Lights, Window, Laminate
BrMain7.22' x 11.15'Window, Laminate
BrMain10.83' x 11.48'Window, Laminate
BrMain8.86' x 7.22'Window
BathroomMain8.86' x 7.22'
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 $303,703 (38.3%) lower than the average sold price of $792,703 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $10,805 (1.4%) compared to the previous 30 day period (July 21 - August 19) and down $17,358 (2.1%) from the same time one year ago.
Inventory Change
There were 349 3-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 40.2% compared with the previous 30 day period (July 21 - August 19) and up 41.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($15,744) (2.0%) below asking price over the last 30 days (August 20 - September 18), which represents a $3,145 increase compared to the previous 30 day period (July 21 - August 19) and ($5,214) 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 3-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 68.2%, down from 113.3% over the previous 30 days (July 21 - August 19) and up from 53.3% 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 29 days when successfully sold over the last 30 days (August 20 - September 18), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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