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Property Description
Welcome to 23 Burris St, an exceptional fourplex just 4 minutes from downtown Hamilton in the heart of Gibson neighbourhood. With a total GROSS INCOME OF $58,000, you do not want to miss this investment gem. Unit 1 features separate living, dining and kitchen spaces with a 9FT CEILING. Unit 2 is a spacious 2-bed 1-bath layout. Unit 3 charms with a attic loft unit with tall ceilings. Unit 4 located in the basement with 1 bed 1 bath. Plumbing and wiring have been updated throughout in 2016. Tenant shares COIN LAUNDRY and each unit has its SEPARATE HYDRO METERS Dont miss the opportunity to secure a high- yield property in a thriving area!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-05 | 2024-03-12 | 72 | $880,000 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
3000-3500
Lot Size
50' x 55'
Acreage
< .50
Fronting
East
Taxes
$4,444 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 45.93' x 59.06' | |
| Kitchen | Main | 29.53' x 39.37' | |
| Bathroom | Main | 19.69' x 36.09' | 4 Pc Bath |
| Living | Main | 36.09' x 39.37' | |
| Br | 2nd | 32.81' x 36.09' | |
| Kitchen | 2nd | 29.53' x 42.65' | |
| Bathroom | 3rd | 29.53' x 42.65' | 4 Pc Bath |
| Bathroom | 2nd | 19.69' x 26.25' | 4 Pc Bath |
| Br | 2nd | 32.81' x 36.09' | |
| Br | 3rd | 32.81' x 32.81' | |
| Br | Bsmt | 32.81' x 29.53' | |
| Bathroom | Bsmt | 32.81' x 32.81' | 4 Pc Bath |
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Hamilton Market Statistics
Hamilton Price Trend
23 Burris St is a 3-bedroom 4-bathroom home listed for sale at $880,000, which is $4,322 (0.5%) lower than the average sold price of $884,322 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $81,872 (10.2%) compared to the previous 30 day period (February 26 - March 26) and up $30,422 (3.6%) from the same time one year ago.Inventory Change
There were 325 3-bedroom homes listed in Hamilton over the last 30 days (March 27 - April 25), which is up 6.2% compared with the previous 30 day period (February 26 - March 26) and up 53.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($5,466) (0.6%) below asking price over the last 30 days (March 27 - April 25), which represents a $4,301 increase compared to the previous 30 day period (February 26 - March 26) and ($7,631) 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 (March 27 - April 25) stood at 85.2%, up from 73.2% over the previous 30 days (February 26 - March 26) and down from 109.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Hamilton stood at 21 days when successfully sold over the last 30 days (March 27 - April 25), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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