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Property Description
INCREDIBLE VALUE IN THE LAND! ISSUED TRANSFERABLE PERMITS FOR A LEGAL DUPLEX PLUS ADU! Three total units across 2200 square feet! 213 Grace Avenue is a corner lot situated in the ever growing Parkview neighbourhood of Hamilton's lower east end steps to new construction, amenities & easy highway access. This parcel is set to be built on! Approved for a 2 storey, 1200 square foot 3bed, 2.5bath main structure with a legal 1 bed, 1 bath basement unit (600 square feet). The kicker, an approved 1bed, 1bath accessory dwelling unit! Great cash flow triplex approach or even better live and rent!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-04 | 2024-01-02 | 90 | $549,900 | - | Suspended |
| 2023-10-04 | 2024-01-02 | 90 | $549,900 | - | Suspended |
| 2023-10-04 | 2024-01-02 | 90 | $549,900 | - | Suspended |
| 2022-01-04 | 2022-01-10 | 7 | $299,900 | $555,000 | Sold |
| 2019-12-26 | 2020-02-05 | 46 | $330,000 | $270,000 | Sold |
Property Features
Park, Place Of Worship, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
38' x 100'
Acreage
< .50
Fronting
North
Taxes
$2,547 (2023)
Basement
None
Exterior
Other
Heat Type
Other
Heat Source
Other
Air Conditioning
Other
Water
Municipal
Driveway
None
Garage Type
Detached
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Hamilton Market Statistics
Hamilton Price Trend
213 Grace Ave is a 3-bedroom 3-bathroom home listed for sale at $399,900, which is $469,429 (54.0%) lower than the average sold price of $869,329 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $57,485 (7.1%) compared to the previous 30 day period (February 29 - March 29) and up $9,610 (1.1%) from the same time one year ago.Inventory Change
There were 325 3-bedroom homes listed in Hamilton over the last 30 days (March 30 - April 28), which is up 4.5% compared with the previous 30 day period (February 29 - March 29) and up 43.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($6,746) (0.8%) below asking price over the last 30 days (March 30 - April 28), which represents a $1,896 increase compared to the previous 30 day period (February 29 - March 29) and ($6,114) 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 3-bedroom homes in Hamilton over the last 30 days (March 30 - April 28) stood at 86.8%, up from 70.4% over the previous 30 days (February 29 - March 29) and down from 96.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (March 30 - April 28), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc.
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