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
Full, Unfinished
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 $38,418 (6.0%) lower than the average sold price of $638,417 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $37,184 (5.5%) compared to the previous 30 day period (September 21 - October 20) and down $73,444 (10.3%) from the same time one year ago.Inventory Change
There were 68 2-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is down 12.8% compared with the previous 30 day period (September 21 - October 20) and down 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($12,806) (2.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,133 increase compared to the previous 30 day period (September 21 - October 20) and ($20,925) 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 21 - November 19) stood at 98.5%, up from 57.7% over the previous 30 days (September 21 - October 20) and up from 50.0% 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 38 days when successfully sold over the last 30 days (October 21 - November 19), compared to 51 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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