237 Highland Rd E

FOR SALE
$3,957,110
237 Highland Rd E, Hamilton
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
237 Highland Rd E
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5 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
10 + 3
ROOMS
X9238329
MLSID
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Property Description
A True Piece of Paradise. Welcome to your dream home, a picturesque oasis surrounded by nature on an expansive 8.3-acre corner lot. With 592 ft. X 600 ft. lot, this property offers the perfect blend of country living and modern convenience. Just minutes away from all amenities. This extensively renovated family home boasts over 7,000 sq. ft. of luxurious living space. Step inside to discover 5 + 2 spacious bedrooms and 3 full bathrooms. The main floor features an elegant office, and an XL family room with a fireplace, a perfect setting for relaxation and entertainment. The finished basement, with a separate entrance, adds additional space for family or guests. The property includes an oversized dble. garage with heat, a paved circular driveway that can accommodate 20+ vehicles. Other features include a 3600-gal. cistern, 400-amp, and security system with cameras. Enjoy the serene and private backyard, complete with a firepit, gazebo, and plenty of room for outdoor activities. This property also includes a separate 1,950 sq. ft. studio/workshop/In-law equipped with a steel roof, heat, hydro, a bathroom, kitchenette, its own 2,200-gallon cistern. The buildings interior is a blank canvas awaiting your design vision. This property presents an excellent opportunity for a multiple-family setup, investors, or developers looking for a unique and versatile space. Don't miss the chance to own this stunning piece of paradise with endless possibilities this property has to offer.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-02 2022-10-02 30 $2,999,000 - Terminated
2022-07-10 2022-09-06 58 $3,400,000 - Terminated
2022-03-12 2022-07-04 114 $3,500,000 - Terminated
2022-02-02 2022-03-12 38 $3,500,000 - Terminated
Property Features
Golf, Level, Park, Place Of Worship, Rec Centre, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
592' x 606'
Acreage
5-9.99
Fronting
North
Taxes
$6,241 (2024)
Basement
Fin W/O
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Other
Parking Spaces
20
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyMain23.00' x 25.98'Fireplace
KitchenMain12.99' x 27.99'
DiningMain12.99' x 14.76'
OfficeMain10.99' x 16.01'
Prim Bdrm2nd14.24' x 21.00'Fireplace
2nd Br2nd10.99' x 16.01'
3rd Br2nd10.99' x 16.99'
4th Br2nd10.99' x 16.17'
Prim Bdrm2nd17.75' x 21.10'Fireplace, W/I Closet
RecBsmt24.02' x 25.75'
5th BrBsmt11.52' x 22.67'
Hamilton Market Statistics
Hamilton Price Trend
237 Highland Rd E is a 5-bedroom 3-bathroom home listed for sale at $3,957,110, which is $2,963,217 (298.1%) higher than the average sold price of $993,893 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $83,989 (7.8%) compared to the previous 30 day period (September 15 - October 14) and down $101,073 (9.2%) from the same time one year ago.
Inventory Change
There were 37 5-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is up 2.8% compared with the previous 30 day period (September 15 - October 14) and up 12.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($27,975) (2.8%) below asking price over the last 30 days (October 15 - November 13), which represents a $33,172 increase compared to the previous 30 day period (September 15 - October 14) and ($39,074) 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 5-bedroom homes in Hamilton over the last 30 days (October 15 - November 13) stood at 43.2%, down from 47.2% over the previous 30 days (September 15 - October 14) and up from 36.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Hamilton stood at 37 days when successfully sold over the last 30 days (October 15 - November 13), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc.
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