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BEDROOMS4
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KITCHENS7 + 1
ROOMSX10413911
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Property Description
Welcome to 147 Elgin Sta prime investment opportunity in the heart of Hamiltons Lansdale/Beasley neighbourhood. This well-maintained triplex offers excellent income potential with three unique units: Main Floor: Spacious 3-bedroom, 2-bath unit with a walk-out deck. Second Floor: Bright 1-bedroom, 1-bath unit with a balcony overlooking downtown Hamilton and access to a third-floor attic space. Basement: Another well-appointed 1-bedroom, 1-bath unit. Shared laundry is conveniently accessible through the side entrance. Additionally, the property includes a detached two-story garage, currently rented separately, with the potential to be converted into a laneway suite. Don't miss out on this exceptional investment! Schedule a showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-09-23 | 2021-10-12 | 19 | $650,000 | - | Terminated |
| 2021-08-23 | 2021-09-22 | 30 | $699,900 | - | Terminated |
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
28' x 130'
Fronting
West
Taxes
$3,568 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 10.01' x 14.80' | |
| Bathroom | Main | 5.31' x 7.12' | 4 Pc Bath |
| Kitchen | Main | 21.69' x 13.09' | |
| Bathroom | Main | 2.89' x 5.12' | 2 Pc Bath |
| Br | Main | 6.79' x 15.39' | |
| Br | Main | 12.60' x 16.70' | |
| Br | 2nd | 12.20' x 11.12' | |
| Bathroom | 2nd | 8.30' x 5.71' | 4 Pc Bath |
| Kitchen | 2nd | 13.71' x 9.81' | |
| Bathroom | Bsmt | 7.61' x 7.12' | 3 Pc Bath |
| Kitchen | Bsmt | 11.19' x 8.30' | |
| Rec | Bsmt | 16.90' x 17.32' |
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Hamilton Market Statistics
Hamilton Price Trend
147 Elgin St is a 4-bedroom 4-bathroom home listed for sale at $799,900, which is $175,362 (18.0%) lower than the average sold price of $975,262 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $59,859 (5.8%) compared to the previous 30 day period (October 22 - November 20) and down $38,622 (3.8%) from the same time one year ago.Inventory Change
There were 124 4-bedroom homes listed in Hamilton over the last 30 days (November 21 - December 20), which is down 27.1% compared with the previous 30 day period (October 22 - November 20) and up 44.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($28,272) (2.9%) below asking price over the last 30 days (November 21 - December 20), which represents a $1,868 decrease compared to the previous 30 day period (October 22 - November 20) and ($44,393) 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 4-bedroom homes in Hamilton over the last 30 days (November 21 - December 20) stood at 65.3%, up from 55.9% over the previous 30 days (October 22 - November 20) and up from 60.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Hamilton stood at 34 days when successfully sold over the last 30 days (November 21 - December 20), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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