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Property Description
Welcome to 160 East 31st Street in the heart of the Raleigh neighbourhood on the East Hamilton Mountain! A perfect value add triplex conversion (zoned the coveted R1) or starter home situated on a generous 50x100 lot with large semi-detached garage perfect for a variety of uses! This home features 4bedrooms, 1 bathroom, unfinished basement (w/remote controlled gas fireplace) with good ceiling height/rear walk-up. Roughed in as well for a full bathroom! You'll find four car parking alongside a single wide, double long garage with 8' ceilings and a separate gas heater! Other features include a new furnace, water heater, water filtration system and two heat pumps that act as central air and supplemental heat/cooling for the upper floor.
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Property Features
Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
51' x 100'
Fronting
West
Taxes
$3,700 (2023)
Basement
Unfinished, Walk-Up
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 13.91' x 9.51' | |
| Kitchen | Main | 15.32' x 9.51' | |
| Living | Main | 10.50' x 11.68' | |
| Prim Bdrm | Main | 10.50' x 11.32' | |
| Bathroom | 2nd | 9.32' x 6.50' | 4 Pc Bath |
| Br | 2nd | 7.09' x 10.40' | |
| Br | 2nd | 13.25' x 7.09' | |
| Br | 2nd | 10.50' x 10.01' | |
| Laundry | Bsmt | 10.24' x 10.66' | |
| Other | Bsmt | 18.08' x 13.32' | |
| Utility | Bsmt | 28.35' x 9.09' |
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Hamilton Market Statistics
Hamilton Price Trend
160 East 31st St is a 4-bedroom 1-bathroom home listed for sale at $629,900, which is $562,623 (47.2%) lower than the average sold price of $1,192,523 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $20,432 (1.7%) compared to the previous 30 day period (March 15 - April 13) and up $66,214 (5.9%) from the same time one year ago.Inventory Change
There were 203 4-bedroom homes listed in Hamilton over the last 30 days (April 14 - May 13), which is up 25.3% compared with the previous 30 day period (March 15 - April 13) and up 26.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($31,957) (2.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,178 decrease compared to the previous 30 day period (March 15 - April 13) and ($18,928) 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 4-bedroom homes in Hamilton over the last 30 days (April 14 - May 13) stood at 45.3%, down from 68.5% over the previous 30 days (March 15 - April 13) and down from 64.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (April 14 - May 13), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc.
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