193 Locke St N
Strathcona, Hamilton, L8K 3B1
FOR SALE
$879,900
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Property Description
LOCATION LOCATION LOCATION! Amazing sought after area, close to Bayfront Park, downtown, parks & close to hwy access for commuting. This is your chance to invest in this great up and coming neighbourhood. With a 50 x 100 lot there are multiple potential uses, You can build an amazing large dream home with plenty of space inside and out, you can severe into two 25 x 100 lots and build two homes and double your income potential, renovated or new homes in this area on 25' foot lots sell for over 1.1 million dollars x 2 is over 2.2 million dollars that is a great investment or you could build a side by side duplex also doubling your potential income. Check out the market for single homes in this area, the value is definitely there. Want to make some money until you can make this dream a reality you can rent out this 2 bedroom, 2 bath bungaloft. RSA.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-17 | 2024-06-24 | 159 | $899,900 | - | Terminated |
| 2023-07-11 | 2024-01-17 | 190 | $899,900 | - | Terminated |
| 2023-01-19 | 2023-07-11 | 173 | $999,900 | - | Terminated |
Property Features
Lake/Pond, Marina, Park, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
50' x 100'
Acreage
< .50
Fronting
North
Taxes
$3,568 (2023)
Basement
Crawl Space, Unfinished
Exterior
Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Sunroom | Main | 10.79' x 12.01' | |
| Kitchen | Main | 10.79' x 12.01' | |
| Living | Main | 10.79' x 10.01' | |
| Br | Main | 10.17' x 9.78' | |
| Den | Main | 12.27' x 14.99' | |
| Br | 2nd | 10.60' x 15.19' |
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Hamilton Market Statistics
Hamilton Price Trend
193 Locke St N is a 2-bedroom 2-bathroom home listed for sale at $879,900, which is $193,563 (28.2%) higher than the average sold price of $686,337 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom home in Hamilton increased by $35,114 (5.4%) compared to the previous 30 day period (July 21 - August 19) and down $26,854 (3.8%) from the same time one year ago.Inventory Change
There were 73 2-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 25.9% compared with the previous 30 day period (July 21 - August 19) and up 15.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($15,414) (2.2%) below asking price over the last 30 days (August 20 - September 18), which represents a $10,619 decrease compared to the previous 30 day period (July 21 - August 19) and $1,021 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 2-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 117.8%, down from 162.1% over the previous 30 days (July 21 - August 19) and up from 74.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Hamilton stood at 42 days when successfully sold over the last 30 days (August 20 - September 18), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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