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BEDROOMS3
BATHROOMS3
KITCHENS11
ROOMSX8162426
MLSIDContact Us
Property Description
Amazing Investment Property! 3 Units Separately Metered! Unit #1 Two Bdrm, Unit #2 Two Bdrm, Unit #3 Bachelor. 4 Parking Spots and Coin-Laundry On-Site. Nearly 7% CAP. Roof 2018, Furnace 2022. Unit 1 and 3 Rented, Unit 2 Vacant. Live in One Unit and Rent Others OR Rent Out All Three Units! Close to Schools, Transit, Development, Shopping Center, Banks and Highway. Book Showings Through Broker Bay/Office.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-10 | 2024-01-05 | 92 | $699,900 | - | Expired |
2023-06-06 | 2023-07-02 | 26 | $739,000 | - | Terminated |
2022-05-03 | 2022-06-18 | 46 | $749,999 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
30' x 100'
Fronting
East
Taxes
$2,270 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Bsmt | 15.98' x 16.99' | |
Kitchen | Main | 6.99' x 10.99' | |
Br | Main | 8.99' x 11.98' | |
2nd Br | Main | 7.97' x 9.97' | |
Kitchen | 2nd | 6.99' x 10.99' | |
Br | 2nd | 9.97' x 10.99' | |
2nd Br | 2nd | 8.99' x 9.97' | |
Living | 2nd | 8.99' x 13.98' | |
Living | Main | 8.99' x 13.98' |
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Hamilton Market Statistics
Hamilton Price Trend
1387 Barton St E is a 4-bedroom 3-bathroom home listed for sale at $699,900, which is $473,883 (40.4%) lower than the average sold price of $1,173,783 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $79,159 (7.2%) compared to the previous 30 day period (February 28 - March 28) and up $51,626 (4.6%) from the same time one year ago.Inventory Change
There were 187 4-bedroom homes listed in Hamilton over the last 30 days (March 29 - April 27), which is up 4.5% compared with the previous 30 day period (February 28 - March 28) and up 26.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($30,013) (2.6%) below asking price over the last 30 days (March 29 - April 27), which represents a $7,472 decrease compared to the previous 30 day period (February 28 - March 28) and ($15,367) 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 4-bedroom homes in Hamilton over the last 30 days (March 29 - April 27) stood at 64.2%, up from 50.3% over the previous 30 days (February 28 - March 28) and down from 64.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Hamilton stood at 21 days when successfully sold over the last 30 days (March 29 - April 27), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Flower City Realty
Similar Listings
Incredible Investment Opportunity In Central Hamilton With A Turnkey Legal Non-Conforming Duplex Operating As A Triplex For Over 30 Years, Now With Potential To Add A Laneway Suite. Nestled On A Picturesque Tree-Lined Street Directly Across From St. Brigid School. Professionally Waterproofed, Upgraded Electrical, And All Units Have Been Tastefully Updated. Additionally, There?s A Detached Workshop With Electricity, Perfect For Hobbyists Or Additional Storage. Over 3,000 Sq Ft Of Living Space Across Three Units: An Approx 1,000 Sq Ft Main Floor 2 Bed Unit, An Approx 1,500 Sq Ft Upper 3 Bed Unit Including A Loft With, And A Cozy Approx 725 Sq Ft Lower 1 Bed Unit. Very Rare - Each Unit Has Its Own Laundry For Utmost Convenience. No Carpeting In Any Of The Units Ensures Ease Of Maintenance. High-Efficiency Forced Air Gas Furnace Installed In 2018, Two 100A Breaker Panels Updated In 2014. Parking Is Ample, With A Front 2 Car Driveway And Additional Space At The Rear. Main Floor Unit Currently Vacant, Offering Potential Rental Income Of $2,200/Month, Upper And Lower Units Are Tenant-Occupied, Bringing In $1,590/Month Plus Hydro And $922.50 /Month Inclusive, Respectively. Tenants Are Month To Month. Easy Access To Local Amenities, Schools, And Public Transportation. Please Note, The Seller Does Not Warrant The Retro-Fit Status Of The Property. Seize This Unique Opportunity To Own A Versatile Property With Excellent Income And The Chance To Further Develop, Or Purchase As A Mortgage Helper.
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