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BEDROOMS4
BATHROOMS3
KITCHENS11
ROOMSX10442559
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Property Description
Attention Investors! Excellent opportunity with this legal triplex in the highly sought-after St. Clair/Blakely neighbourhood, just minutes from downtown Hamilton. Each unit has been recently renovated and features new kitchens, bathrooms and are separately metred. Situated on a double lot, the property offers plenty of room to add a garage or additional dwelling, with parking for 5+ vehicles. A new roof, new front porch, freshly painted interiors and coin laundry add even more value. Main floor unit is currently vacant providing the opportunity to live-in or be quickly rented for additional cash flow. Don't miss out on this opportunity to own a turnkey multi-family property in one of Hamilton's most desirable neighbourhoods!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-02-25 | 2021-03-03 | 6 | $799,995 | $985,000 | Sold |
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
45' x 95'
Acreage
< .50
Fronting
East
Taxes
$5,882 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
152 Sanford Ave S is a 4-bedroom 4-bathroom home listed for sale at $1,199,900, which is $226,954 (23.3%) higher than the average sold price of $972,946 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $161,650 (14.2%) compared to the previous 30 day period (October 12 - November 10) and down $28,580 (2.9%) from the same time one year ago.Inventory Change
There were 155 4-bedroom homes listed in Hamilton over the last 30 days (November 11 - December 10), which is down 0.0% compared with the previous 30 day period (October 12 - November 10) and up 43.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($26,841) (2.8%) below asking price over the last 30 days (November 11 - December 10), which represents a $9,933 increase compared to the previous 30 day period (October 12 - November 10) and ($36,299) 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 11 - December 10) stood at 61.3%, up from 49.0% over the previous 30 days (October 12 - November 10) and up from 43.5% 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 31 days when successfully sold over the last 30 days (November 11 - December 10), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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