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BEDROOMS3
BATHROOMS3
KITCHENS6
ROOMSX9399982
MLSIDContact Us
Property Description
Welcome to this fully renovated multi-unit gem, ideally located near Tim Hortons Field and a Bernie Morelli Recreation Centre! Each unit features 1 bedroom, a 4-piece bathroom, a bright living room, and a modern kitchen, all updated in 2018/2019. The renovations boast laminate and porcelain tile flooring, quartz countertops, stylish subway tile backsplashes, stainless steel appliances, pot lights, and new bathrooms. Updated finishes include new doors, baseboards, and trim, with most of the home re-drywalled. Major system upgrades include new wiring with a 200-amp panel, plumbing, furnace, roof, windows, and a water heater. The incoming water line has been upgraded to 1 inch, and spray foam insulation added to the third floor for enhanced efficiency. Shared coin laundry is conveniently located in the foyer. The property generates a solid gross income of $53,720.52 annually, with rents covering utilities. There's also exciting potential for a 4th unit with a side entrance to the basement. Unit 3 is currently vacant, offering flexibility for future tenants or owner-occupiers!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-29 | 2024-09-30 | 93 | $679,900 | - | Expired |
| 2024-03-22 | 2024-06-29 | 99 | $699,900 | - | Terminated |
Nearby Intersections
Barton & Gage (36)
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
30' x 89'
Fronting
East
Taxes
$3,673 (2023)
Basement
Full, Sep Entrance
Exterior
Brick, Shingle
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
22 Lottridge St is a 3-bedroom 3-bathroom home listed for sale at $649,900, which is $162,951 (20.0%) lower than the average sold price of $812,851 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $46,402 (5.4%) compared to the previous 30 day period (September 1 - September 30) and up $29,067 (3.7%) from the same time one year ago.Inventory Change
There were 339 3-bedroom homes listed in Hamilton over the last 30 days (October 1 - October 30), which is down 9.1% compared with the previous 30 day period (September 1 - September 30) and up 20.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($15,432) (1.9%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,881 increase compared to the previous 30 day period (September 1 - September 30) and ($19,818) 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 3-bedroom homes in Hamilton over the last 30 days (October 1 - October 30) stood at 53.7%, up from 37.0% over the previous 30 days (September 1 - September 30) and up from 45.0% 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 30 days when successfully sold over the last 30 days (October 1 - October 30), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Complete Realty
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