16 Cottage Ave

FOR SALE
$1,299,000
16 Cottage Ave, Hamilton
16 Cottage Ave
16 Cottage Ave
16 Cottage Ave
16 Cottage Ave
16 Cottage Ave
16 Cottage Ave
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5 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7
ROOMS
X9015724
MLSID
Contact Us
Property Description
FULLY RENOVATED, SOLID BRICK HOUSE SITUATED IN WEST WEND SOUGHT AFTER NEIGHBOURHOOD, CLOSE TO SCHOOLS. THIS RAISED BUNGALOW FEATURES 5 + 2 BEDROOMS, 2 BATHROOMS, 2KITCHENS, COIN LAUNDRY, 2 CARS GARAGE AND 2 CARS PARKING
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-03-18 2022-03-23 7 $849,900 $990,000 Sold
Property Details
Community
Property Type
Detached, Bungalow-Raised
Lot Size
38' x 106'
Fronting
West
Taxes
$7,517 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Radiant
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrMain9.58' x 12.83'
BrMain13.16' x 9.91'
BrMain11.91' x 12.01'
BrMain11.91' x 13.85'
BrMain9.25' x 12.17'
DiningMain7.84' x 9.91'
KitchenMain14.76' x 12.83'
BrBsmt9.51' x 14.34'
BrBsmt13.48' x 14.24'
KitchenBsmt15.91' x 11.15'
LaundryBsmt12.07' x 11.15'
UtilityBsmt5.35' x 6.99'
Hamilton Market Statistics
Hamilton Price Trend
16 Cottage Ave is a 5-bedroom 2-bathroom home listed for sale at $1,299,000, which is $220,434 (20.4%) higher than the average sold price of $1,078,566 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $63,795 (6.3%) compared to the previous 30 day period (July 21 - August 19) and up $102,476 (10.5%) from the same time one year ago.
Inventory Change
There were 49 5-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 69.0% compared with the previous 30 day period (July 21 - August 19) and up 36.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($73,710) (6.8%) below asking price over the last 30 days (August 20 - September 18), which represents a $75,127 decrease compared to the previous 30 day period (July 21 - August 19) and ($35,207) 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 5-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 30.6%, up from 24.1% over the previous 30 days (July 21 - August 19) and up from 30.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Hamilton stood at 48 days when successfully sold over the last 30 days (August 20 - September 18), compared to 84 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc.
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