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BEDROOMS4
BATHROOMS4
KITCHENS19
ROOMSX9345552
MLSIDContact Us
Property Description
This fully renovated 4-plex is a rare find in the heart of downtown Hamilton, offering a prime opportunity for savvy investors. Each of the four meticulously updated units attracts high-quality tenants, and demands top market rents. Situated within walking distance to the vibrant Hamilton core, tenants will enjoy easy access to an array of restaurants, shops, cultural attractions, and essential amenities that this reviving city has to offer. The building is equipped with on-site coin laundry, providing convenience to tenants and additional income for the owner. With two separate hydro meters, managing utilities is efficient and straightforward. Each unit has been thoughtfully designed to optimize living space while maintaining modern finishes and appliances, ensuring a comfortable and stylish environment for tenants. Located near public transit, including GO stations, and just minutes from major highways, this property is perfect for commuters and urban dwellers alike. Hamiltons continued growth, coupled with its recognition as one of Ontarios best cities for real estate investment, makes this property a solid investment for today and into the future.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-08 | 2021-04-12 | 35 | $2,199 | - | Terminated |
| 2021-03-08 | 2021-04-06 | 29 | $2,199 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Fourplex, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
26' x 72'
Fronting
East
Taxes
$3,901 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
146 Catharine St N is a 6-bedroom 4-bathroom home listed for sale at $1,298,000, which is $212,723 (19.6%) higher than the average sold price of $1,085,277 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 6 bedroom home in Hamilton increased by $90,277 (9.1%) compared to the previous 30 day period (October 22 - November 20) and down $82,223 (7.0%) from the same time one year ago.Inventory Change
There were 7 6-bedroom homes listed in Hamilton over the last 30 days (November 21 - December 20), which is up 16.7% compared with the previous 30 day period (October 22 - November 20) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold $72,827 (6.7%) above asking price over the last 30 days (November 21 - December 20), which represents a $112,777 increase compared to the previous 30 day period (October 22 - November 20) and ($19,950) 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 6-bedroom homes in Hamilton over the last 30 days (November 21 - December 20) stood at 28.6%, down from 33.3% over the previous 30 days (October 22 - November 20) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Hamilton stood at 41 days when successfully sold over the last 30 days (November 21 - December 20), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Burloak Real Estate Services
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