16 BURNS Pl

Raleigh, Hamilton, L8V 1N7
FOR SALE
$679,000
16 BURNS Pl, Hamilton
16 BURNS Pl
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
X9283862
MLSID
Contact Us
Property Description
Welcome to your new home that offers unlimited potential. This beautiful home is situated in a quiet cul-de-sac which offers a safe place to play without traffic. On the main floor there is a bright living room, formal dining room, a 4-piece bath & an eat-in kitchen with additional laundry hook up. The 2nd floor has 2 bedrooms & plumbing to allow for a future bathroom. The home boasts a newly renovated 2-bed basement in-law suite featuring a separate entrance, a kitchen and a 3-piece bath. Ideal for a student rental, this property is only a 5-minute walk to the bus stop on Fennel Ave E to get to Mohawk College. Outside, the property has an extra-long driveway with parking for 4 & a pool-sized backyard. Other features include; complete plumbing/drainage updates, many newer windows; a 200 amp electrical panel with EV drivers in mind. This home is in a convenient location, easy access to multiple grocery stores, Dollarama, Tim Hortons & more. RSA.
Property Features
Level
Property Details
Street
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
43' x 94'
Acreage
< .50
Fronting
South
Taxes
$3,816 (2024)
Basement
Apartment, Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround12.07' x 15.42'
DiningGround11.09' x 12.01'
KitchenGround8.23' x 12.66'
Br2nd9.84' x 11.42'
Br2nd9.51' x 15.26'
KitchenBsmt8.23' x 12.57'
3rd BrBsmt9.84' x 11.42'
4th BrBsmt11.09' x 12.40'
BathroomBsmt7.19' x 7.74'3 Pc Bath
Hamilton Market Statistics
Hamilton Price Trend
16 BURNS Pl is a 2-bedroom 2-bathroom home listed for sale at $679,000, which is $7,337 (1.1%) lower than the average sold price of $686,337 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom home in Hamilton increased by $35,114 (5.4%) compared to the previous 30 day period (July 21 - August 19) and down $26,854 (3.8%) from the same time one year ago.
Inventory Change
There were 73 2-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 25.9% compared with the previous 30 day period (July 21 - August 19) and up 15.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($15,414) (2.2%) below asking price over the last 30 days (August 20 - September 18), which represents a $10,619 decrease compared to the previous 30 day period (July 21 - August 19) and $1,021 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 2-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 117.8%, down from 162.1% over the previous 30 days (July 21 - August 19) and up from 74.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Hamilton stood at 42 days when successfully sold over the last 30 days (August 20 - September 18), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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