181 East 5th St
Centremount, Hamilton, L9A 2Z7
FOR SALE
$599,999
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Property Description
Welcome to 181 East 5th Street on the Hamilton Mountain! This beautifully updated bungalow offers a perfect blend of luxury and comfort. Step into an open-concept living space featuring high-end finishes and modern decor, with pot lights casting a warm glow that creates a cozy and inviting atmosphere. The updated kitchen is a chef's dream, complete with granite countertops and ample cabinetry to accommodate all your culinary needs. Outside, enjoy the large, oversized lot with a spacious deck and gazebo, ideal for hosting gatherings or simply relaxing in your own private oasis. With a detached garage and plenty of parking, this home is as functional as it is beautiful. Situated in a sought-after, family-friendly neighborhood on the Hamilton Mountain, this home truly stands out. Don't miss this gem-its ready to welcome you!
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Property Features
Hospital, Library, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 162'
Acreage
< .50
Fronting
West
Taxes
$3,834 (2023)
Basement
Crawl Space
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Front Yard
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 24.67' x 13.09' | |
| Kitchen | Main | 13.25' x 10.17' | |
| Prim Bdrm | Main | 9.51' x 10.76' | |
| Br | Main | 9.51' x 10.24' | |
| Bathroom | Main | 13.32' x 5.25' | 4 Pc Bath |
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Hamilton Market Statistics
Hamilton Price Trend
181 East 5th St is a 2-bedroom 1-bathroom home listed for sale at $599,999, which is $18,521 (3.0%) lower than the average sold price of $618,520 in the last 30 days (October 14 - November 12). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $72,176 (10.4%) compared to the previous 30 day period (September 14 - October 13) and down $95,305 (13.4%) from the same time one year ago.Inventory Change
There were 46 2-bedroom homes listed in Hamilton over the last 30 days (October 14 - November 12), which is down 44.6% compared with the previous 30 day period (September 14 - October 13) and down 35.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($13,452) (2.2%) below asking price over the last 30 days (October 14 - November 12), which represents a $5,815 increase compared to the previous 30 day period (September 14 - October 13) and ($22,361) 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 2-bedroom homes in Hamilton over the last 30 days (October 14 - November 12) stood at 91.3%, up from 71.1% over the previous 30 days (September 14 - October 13) and up from 49.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Hamilton stood at 35 days when successfully sold over the last 30 days (October 14 - November 12), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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