24 Victoria Ave

FOR SALE
$749,000
24 Victoria Ave, Hamilton
24 Victoria Ave
24 Victoria Ave
24 Victoria Ave
24 Victoria Ave
24 Victoria Ave
24 Victoria Ave
24 Victoria Ave
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5
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X8169470
MLSID
Contact Us
Property Description
Attention: "DISTRESSED SALE " ON SALE AS IS " Developers/Investor /Business Owner. Large Corner Lot Zoned M3 For Potential Commercial Use Like Truck Driving School, Trade School, Motor Vehicle Service, Repair Or Sale And Much More. List Of Business Can Establish As Obtain Permit From City Of Hamilton. 5 Bedrooms, 1Kitchen And 1 Full 4 Piece Washroom Lots Of Upgrades With Flooring And Other Renovations To Make The Property Livable And Generate Rental Income Note: As Of Now Everything Goes As A Residential Property As Its Registered With City As A Residential Property, There Is No Other Building At The Property Other Than A House, So Mortgage With Bank Or Driveway Extension With City Will Go Same As A Residential Property. Large Size Lot Can Hold Up To 25 Cars Or 10 Trucks. Currently Using As Residential And Generating Rental Income.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-20 2023-07-31 74 $999,999 - Expired
2023-04-13 2023-05-24 41 $999,999 - Terminated
2023-03-08 2023-04-23 46 $999,999 - Terminated
2023-03-06 2023-03-12 6 $9,999,999 - Terminated
2022-11-23 2023-02-08 77 $1,050,000 - Terminated
2022-08-19 2022-11-30 105 $1 - Expired
2022-02-24 2022-03-18 21 $1,099,900 $1,050,000 Sold
2022-01-22 2022-02-23 32 $1,299,900 - Terminated
2021-05-11 2021-09-30 142 $1,299,900 - Expired
Extras
Corner Lot , Very Close To Costco Plaza In Stoney Creek Very Close To Hwy 403
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
112' x 133'
Acreage
< .50
Fronting
North
Taxes
$3,315 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
25
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain14.99' x 11.15'
Br2nd19.98' x 7.09'
3rd BrMain11.78' x 9.48'
4th BrMain11.78' x 9.48'
5th BrMain11.78' x 9.48'
Hamilton Market Statistics
Hamilton Price Trend
24 Victoria Ave is a 5-bedroom 1-bathroom home listed for sale at $749,000, which is $631,218 (45.7%) lower than the average sold price of $1,380,218 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $325,441 (30.9%) compared to the previous 30 day period (February 28 - March 28) and up $258,736 (23.1%) from the same time one year ago.
Inventory Change
There were 44 5-bedroom homes listed in Hamilton over the last 30 days (March 29 - April 27), which is up 37.5% compared with the previous 30 day period (February 28 - March 28) and up 193.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($67,911) (4.9%) below asking price over the last 30 days (March 29 - April 27), which represents a $18,325 decrease compared to the previous 30 day period (February 28 - March 28) and $10,723 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 5-bedroom homes in Hamilton over the last 30 days (March 29 - April 27) stood at 36.4%, down from 56.2% over the previous 30 days (February 28 - March 28) and down from 133.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 1-bathroom home in Hamilton stood at 61 days when successfully sold over the last 30 days (March 29 - April 27), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Save Max Real Estate Inc.
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