184 Beach Blvd
Hamilton Beach, Hamilton, L8H 6V9
FOR SALE
$1,450,000
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5 + 3
BEDROOMS4
BATHROOMS3
KITCHENS15
ROOMSX9253004
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Property Description
Unlock the full potential of this promising investment opportunity! This fully renovated property, featuring a rare indoor swimming pool, hot tub and 3 kitchens, is situated in along Beach Blvd in Hamilton Ontario, brimming with possibilities for savvy investors. With 3,750sf of space and Institutional (1436 b) zoning permitting a wide range of uses, from residential to commercial applications including: Day Nursery / Childcare, Lodging, Community / Cultural Center, Senior / Retirement / Foster / Care Home, Single and Multi-Family Dwelling, Place of Worship (Church, Mosque, Masjid, Gurdwara, Temple, Mandir) as well as Library, Seminary, and School of Learning. Recently renovated with contemporary finishes and open layout allows for customizable configurations to suit various business or residential needs. Boasting captivating views of Lake Ontario and steps to the beach. Perfect investment property to capitalize on the booming short-term rental market.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-08 | 2024-06-01 | 24 | $1 | - | Terminated |
2024-03-23 | 2024-05-08 | 46 | $1,890,000 | - | Terminated |
Extras
Adjacent property also for sale (180 Beach Blvd.)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
58' x 162'
Fronting
East
Taxes
$5,041 (2024)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Indoor
Parking Spaces
8
Driveway
Private
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
184 Beach Blvd is a 5-bedroom 4-bathroom home listed for sale at $1,450,000, which is $502,162 (53.0%) higher than the average sold price of $947,838 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $266,376 (21.9%) compared to the previous 30 day period (September 21 - October 20) and down $94,468 (9.1%) from the same time one year ago.Inventory Change
There were 43 5-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is up 10.3% compared with the previous 30 day period (September 21 - October 20) and up 48.3% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($35,670) (3.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $26,015 increase compared to the previous 30 day period (September 21 - October 20) and ($36,846) 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 (October 21 - November 19) stood at 51.2%, up from 35.9% over the previous 30 days (September 21 - October 20) and down from 51.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Hamilton stood at 38 days when successfully sold over the last 30 days (October 21 - November 19), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Rcb Realty Inc.
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