15 Lorraine Dr
Berrisfield, Hamilton, L8T 3R8
FOR SALE
$879,900
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BEDROOMS2
BATHROOMS2
KITCHENS5
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Property Description
Welcome to 15 Lorraine Dr. This all brick bungalow with approximately 2000 sqft of living space has plenty to offer and is located in a family friendly East Mountain neighborhood. Main floor features a good sized living room with loads of windows letting in all the natural sunlight, updated kitchen with white cabinets, SS appliances and quartz countertops, primary bedroom, 2 additional bedrooms one currently being used as an office, laundry and 4 piece bath. Lower level is set up as an inlaw suite complete with a living room and gas fireplace, bedroom area, kitchenette, laundry and 4 pc bath. Perfect to live in one and rent out the other to offset your mortgage as both have separate entrances. Backyard is fenced and the perfect size for entertaining your large family or friends. Detached garage and parking for approx 6 cars. Updates include kitchen (2022), Main lvl flooring (2022) Laundry on main (2022), Kitchenette Lower lvl (2022) Close to schools, parks, shopping and minutes to hwy access.
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Property Features
Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
52' x 100'
Acreage
< .50
Fronting
East
Taxes
$4,510 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.50' x 16.11' | |
| Kitchen | Main | 16.60' x 15.12' | Eat-In Kitchen |
| Prim Bdrm | Main | 9.12' x 14.40' | |
| Br | Main | 8.10' x 10.99' | |
| Br | Main | 12.01' x 8.79' | |
| Laundry | Main | 2.10' x 2.99' | |
| Rec | Bsmt | 19.69' x 35.10' | |
| Kitchen | Bsmt | 8.20' x 9.09' | |
| Other | Bsmt | 5.18' x 17.13' | |
| Laundry | Bsmt | 13.09' x 5.81' |
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Hamilton Market Statistics
Hamilton Price Trend
15 Lorraine Dr is a 3-bedroom 2-bathroom home listed for sale at $879,900, which is $28,824 (3.4%) higher than the average sold price of $851,076 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $8,793 (1.0%) compared to the previous 30 day period (March 8 - April 6) and down $8,164 (1.0%) from the same time one year ago.Inventory Change
There were 398 3-bedroom homes listed in Hamilton over the last 30 days (April 7 - May 6), which is up 56.7% compared with the previous 30 day period (March 8 - April 6) and up 59.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($8,261) (1.0%) below asking price over the last 30 days (April 7 - May 6), which represents a $3,164 decrease compared to the previous 30 day period (March 8 - April 6) and ($8,187) 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 (April 7 - May 6) stood at 57.3%, down from 103.5% over the previous 30 days (March 8 - April 6) and down from 84.3% 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 22 days when successfully sold over the last 30 days (April 7 - May 6), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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