16 Cottage Ave

FOR SALE
$1,299,000
16 Cottage Ave, Hamilton
16 Cottage Ave
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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 $69,738 (5.7%) higher than the average sold price of $1,229,262 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $281,424 (29.7%) compared to the previous 30 day period (October 22 - November 20) and up $30,830 (2.6%) from the same time one year ago.
Inventory Change
There were 24 5-bedroom homes listed in Hamilton over the last 30 days (November 21 - December 20), which is down 44.2% compared with the previous 30 day period (October 22 - November 20) and up 60.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($37,162) (3.0%) below asking price over the last 30 days (November 21 - December 20), which represents a $1,492 decrease compared to the previous 30 day period (October 22 - November 20) and ($75,667) 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 5-bedroom homes in Hamilton over the last 30 days (November 21 - December 20) stood at 66.7%, up from 51.2% over the previous 30 days (October 22 - November 20) and up from 46.7% 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 46 days when successfully sold over the last 30 days (November 21 - December 20), compared to 82 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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