171 Balmoral Ave N
Crown Point, Hamilton, L8L 7R9
FOR SALE
$599,000
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Property Description
Discover this amazing legal duplex, ideally located close to amenities, offering an excellent investment opportunity. The property features two separate apartments, each with its own entrance, shared laundry facilities, and separate meters. Apartment 1, situated on the main floor, includes a cozy layout with one bedroom, 3pc bath, kitchen, and a living room, perfect for singles or couples seeking comfort and convenience. Apartment 2 is located on the second floor, featuring one bedroom, a 4 pc bath, a large living room, with two additional bedrooms on the upper level, making it ideal for small families or individuals needing extra space. With its prime location and versatile living arrangements, this legal duplex (certificate in supplements) is a fantastic opportunity for investors looking to maximize returns and future growth potential. Pets are permitted. Don't miss out on this unique property!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-11 | 2024-09-12 | 63 | $624,000 | - | Terminated |
| 2021-03-19 | 2021-03-30 | 11 | $599,900 | - | Terminated |
| 2020-07-06 | 2020-07-14 | 8 | $449,000 | $460,000 | Sold |
Nearby Intersections
Barton & Gage (40)
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
21' x 107'
Acreage
< .50
Fronting
West
Taxes
$3,175 (2024)
Basement
Part Bsmt
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Other
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Other | Bsmt | 16.54' x 7.51' | |
| Kitchen | Main | 11.68' x 10.66' | |
| Dining | Main | 13.16' x 11.91' | |
| Br | Main | 11.42' x 10.40' | |
| Kitchen | 2nd | 12.76' x 11.68' | Eat-In Kitchen |
| Living | 2nd | 12.76' x 15.09' | |
| Prim Bdrm | 2nd | 12.93' x 9.15' | |
| Br | 3rd | 10.40' x 9.15' | |
| Br | 3rd | 9.42' x 13.42' |
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Hamilton Market Statistics
Hamilton Price Trend
171 Balmoral Ave N is a 4-bedroom 2-bathroom home listed for sale at $599,000, which is $473,380 (44.1%) lower than the average sold price of $1,072,380 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $30,436 (2.9%) compared to the previous 30 day period (July 21 - August 19) and down $46,726 (4.2%) from the same time one year ago.Inventory Change
There were 181 4-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 21.5% compared with the previous 30 day period (July 21 - August 19) and up 27.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($26,874) (2.5%) below asking price over the last 30 days (August 20 - September 18), which represents a $4,599 increase compared to the previous 30 day period (July 21 - August 19) and ($24,507) 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 (August 20 - September 18) stood at 55.2%, down from 71.1% over the previous 30 days (July 21 - August 19) and up from 54.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Hamilton stood at 32 days when successfully sold over the last 30 days (August 20 - September 18), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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