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Property Description
Discover a rare opportunity to own over half an acre of fertile (young, bearing apple trees, raspberry bush, grape vines, mint, strawberries and many herbs and teas), versatile land with commercial/settlement S2 zoning in the quaint town of Freelton. Enjoy countryside living with the convenience of city amenities just minutes away! This charming, spacious home boasts 4+1 bedrooms, a large den (or optional second kitchen), and 2 bathrooms across approximately 3,200 square feet. Sunlight pours into this inviting space with high ceilings and ample windows, creating an open and airy feel. The second-floor master suite spans the entire east side, offering serene views and breathtaking sunrises, while three additional, bright bedrooms and a generous bathroom with new washer and dryer complete the upstairs. A unique highlight of this property is its legal grandfathered, easily converted, second suite potential deal for rental income or private, extended-family living. The suite features a private entrance, roughed-in kitchen, dedicated bathroom, garden exit, and its own hydro panel and meter (currently decommissioned).The home showcases modern SPC flooring over original hardwood, a large, covered deck, and abundant natural light throughout. Outside, enjoy the tranquility of a friendly town with nearby schools, parks, lakes, racing entertainment, community events, soccer and baseball fields and a skating rink, with easy access to major highways less than 15 minutes away. Property includes a small chicken coop and a pond outside of the fenced area. Includes all ELFs, wood or vinyl window coverings, patio umbrella & ride-on mower. This property combines the best of both worlds: a peaceful rural lifestyle and investment potential, whether you're looking for a family-friendly home or a savvy income opportunity. Don't miss this exceptional offering
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Extras
Recent essential upgrades provide peace of mind: Basement waterproofing, sump pump, gas furnace, heat pump, windows, and well pump (2023); water pressure tank, sediment filter, and rental gas water heater (2024). Plus, new fence (2023).
Property Features
Clear View, Fenced Yard, Lake/Pond, Library, Place Of Worship, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
78' x 348'
Acreage
.50-1.99
Fronting
East
Taxes
$4,145 (2024)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.60' x 23.00' | Fireplace, W/O To Deck |
| Dining | Main | 12.60' x 13.85' | |
| Kitchen | Main | 8.60' x 15.42' | Eat-In Kitchen |
| Family | Main | 13.58' x 14.57' | W/O To Yard, Wood Stove |
| Prim Bdrm | 2nd | 19.00' x 17.49' | |
| 2nd Br | 2nd | 9.25' x 12.34' | |
| 3rd Br | 2nd | 10.40' x 10.93' | |
| 4th Br | 2nd | 8.17' x 14.17' | |
| Bathroom | 2nd | 6.56' x 11.06' | Combined W/Laundry, 4 Pc Bath |
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Hamilton Market Statistics
Hamilton Price Trend
240 Freelton Rd E is a 5-bedroom 2-bathroom home listed for sale at $1,173,990, which is $226,152 (23.9%) higher than the average sold price of $947,838 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $266,376 (21.9%) compared to the previous 30 day period (September 21 - October 20) and down $94,468 (9.1%) from the same time one year ago.Inventory Change
There were 43 5-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is up 10.3% compared with the previous 30 day period (September 21 - October 20) and up 48.3% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($35,670) (3.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $26,015 increase compared to the previous 30 day period (September 21 - October 20) and ($36,846) 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 21 - November 19) stood at 51.2%, up from 35.9% over the previous 30 days (September 21 - October 20) and down from 51.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Hamilton stood at 38 days when successfully sold over the last 30 days (October 21 - November 19), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Star Realty Inc.
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