214 Margaret Ave
Stoney Creek, Hamilton, L8E 2H8
FOR SALE
$549,900
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Property Description
Welcome to 214 Margaret Ave, a charming 2-bedroom bungalow nestled on an oversized 50 x 204 ft lot in the highly sought-after Stoney Creek neighbourhood. This property is perfect for first-time homebuyers, down-sizers, or anyone seeking a property with incredible potential. The main floor offers a functional layout featuring a bright eat-in kitchen, a spacious living area, two cozy bedrooms, and a 4-piece bathroom. The partially finished basement provides additional space that can be tailored to your needs - whether its a recreation room, office, or extra storage. One of the standout features of this property is the impressive outdoor space. The deep lot offers endless possibilities for outdoor living, gardening, or future expansion. The double-wide asphalt driveway provides ample parking for up to 10 vehicles, making it ideal for families with multiple vehicles, hobbyists, or hosting guests. While this home is in need of some minor TLC, its an excellent opportunity to customize and create your dream living space. The unbeatable location in Stoney Creek offers easy access to schools, parks, shopping, and public transit, ensuring all your daily conveniences are close at hand. Don't miss your chance to own this unique property with so much potential in one of Stoney Creek's most desirable neighbourhoods!
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Property Features
Fenced Yard, Level, Park, Place Of Worship, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
50' x 205'
Acreage
< .50
Lot Irregularities
50.10ft x 204.85ft x 50.11ft x 205.02ft
Fronting
East
Taxes
$3,604 (2024)
Basement
Part Fin, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.58' x 13.25' | |
Br | Main | 11.52' x 11.58' | |
Kitchen | Main | 11.52' x 13.16' | Eat-In Kitchen |
Prim Bdrm | Main | 11.52' x 17.26' |
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Hamilton Market Statistics
Hamilton Price Trend
214 Margaret Ave is a 2-bedroom 1-bathroom home listed for sale at $549,900, which is $94,094 (14.6%) lower than the average sold price of $643,994 in the last 30 days (December 16 - January 14). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $57,038 (8.1%) compared to the previous 30 day period (November 16 - December 15) and up $18,994 (3.0%) from the same time one year ago.Inventory Change
There were 30 2-bedroom homes listed in Hamilton over the last 30 days (December 16 - January 14), which is down 57.7% compared with the previous 30 day period (November 16 - December 15) and up 76.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($10,291) (1.6%) below asking price over the last 30 days (December 16 - January 14), which represents a $760 increase compared to the previous 30 day period (November 16 - December 15) and ($25,617) 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 (December 16 - January 14) stood at 130.0%, up from 47.9% over the previous 30 days (November 16 - December 15) and up from 100.0% 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 (December 16 - January 14), compared to 82 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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