140 Gage Ave N
Crown Point, Hamilton, L8L 7A2
FOR SALE
$749,000
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BEDROOMS2
BATHROOMS2
KITCHENS12
ROOMSX8366728
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Property Description
Calling all investors! Renovated legal duplex with income potential in the basement. 3 bedroom main floor unit with newly renovated kitchen, ceramic flooring, living room, new 4 pc bathroom and in-suite washer and dryer. The upper level is a 2 bedroom apartment with updated vinyl flooring, kitchen with ceramic tiles and 4 pc bathroom. Each unit separately metered. Each unit comes with one parking spot. Located in an area with high rental demand this will make for a sound investment. Close to all amenities, Tim Hortons Field, Bernie Morelli Recreation Centre, schools, public transit and highway access.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-30 | 2023-12-26 | 90 | $779,000 | - | Expired |
| 2023-10-01 | 2023-11-29 | 59 | $729,000 | $700,000 | Sold |
| 2023-07-05 | 2023-09-30 | 87 | $799,000 | - | Terminated |
| 2023-06-20 | 2023-10-05 | 107 | $849,000 | - | Terminated |
| 2023-07-12 | 2023-09-30 | 80 | $860,000 | - | Expired |
| 2023-07-05 | 2023-09-11 | 68 | $799,000 | - | Suspended |
| 2023-06-18 | 2023-07-12 | 24 | $889,000 | - | Terminated |
| 2023-06-20 | 2023-07-04 | 14 | $849,000 | - | Suspended |
| 2022-04-01 | 2022-05-19 | 48 | $779,900 | $760,000 | Sold |
| 2019-07-19 | 2019-08-12 | 24 | $539,900 | - | Suspended |
Nearby Intersections
Barton & Gage (40)
Gage & Cannon (7)
Property Features
Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
37' x 58'
Fronting
East
Taxes
$3,157 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.99' x 10.01' | |
| Living | Main | 9.68' x 10.01' | |
| Prim Bdrm | Main | 10.01' x 10.01' | |
| Br | Main | 8.50' x 8.99' | |
| Br | Main | 8.50' x 8.50' | |
| Kitchen | 2nd | 8.01' x 9.51' | |
| Dining | 2nd | 8.60' x 10.01' | |
| Living | 2nd | 8.99' x 10.01' | |
| Prim Bdrm | 2nd | 8.50' x 8.99' | |
| Br | 2nd | 8.69' x 10.50' | |
| Bathroom | Main | 5.18' x 8.50' | 4 Pc Bath |
| Bathroom | 2nd | 5.48' x 6.99' | 4 Pc Bath |
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Hamilton Market Statistics
Hamilton Price Trend
140 Gage Ave N is a 5-bedroom 2-bathroom home listed for sale at $749,000, which is $329,566 (30.6%) lower than the average sold price of $1,078,566 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $63,795 (6.3%) compared to the previous 30 day period (July 21 - August 19) and up $102,476 (10.5%) from the same time one year ago.Inventory Change
There were 49 5-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 69.0% compared with the previous 30 day period (July 21 - August 19) and up 36.1% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($73,710) (6.8%) below asking price over the last 30 days (August 20 - September 18), which represents a $75,127 decrease compared to the previous 30 day period (July 21 - August 19) and ($35,207) 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 5-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 30.6%, up from 24.1% over the previous 30 days (July 21 - August 19) and up from 30.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Hamilton stood at 48 days when successfully sold over the last 30 days (August 20 - September 18), compared to 84 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
Similar Listings
Excellent opportunity to purchase a solid brick home in one of the cities best areas. Live in the main floor unit and have the upstairs help offset your mortgage. Well kept home with new roof and updated systems. Walking distance to every amenity you could ask for and a stones throw from the beautiful Gage Park. Very strong future value here and endless potential for new owners to make very small cosmetic updates to elevate the home even further.
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