245 Cedardale Ave
Stoney Creek, Hamilton, L8E 1S1
FOR SALE
$799,000
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Property Description
Fantastic building lot in sought after Stoney Creek locale. Permits and drawings have been paid for two modern semi-detached homes making this property ready for your next project! Great opportunity to renovate or develop at this central Stoney Creek Location that is walking distance to parks and schools. All services have been disconnected to the home but are able to be reconnected upon request. This three bedroom bungalow with garage is situated on a 60 ft x 108 ft lot. Immediate closing is available. Home is in need of repair, furnace is in crawl space under back deck. Home is being sold as is where is.
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Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 108'
Acreage
< .50
Fronting
North
Taxes
$3,031 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.75' x 14.34' | |
| Kitchen | Main | 12.01' x 13.32' | |
| Prim Bdrm | Main | 9.68' x 16.17' | |
| Br | Main | 8.07' x 10.33' | |
| Br | Main | 9.84' x 10.33' |
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Hamilton Market Statistics
Hamilton Price Trend
245 Cedardale Ave is a 3-bedroom 1-bathroom home listed for sale at $799,000, which is $69,940 (8.0%) lower than the average sold price of $868,940 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $63,178 (7.8%) compared to the previous 30 day period (February 28 - March 28) and up $13,016 (1.5%) from the same time one year ago.Inventory Change
There were 323 3-bedroom homes listed in Hamilton over the last 30 days (March 29 - April 27), which is down 0.0% compared with the previous 30 day period (February 28 - March 28) and up 43.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($6,972) (0.8%) below asking price over the last 30 days (March 29 - April 27), which represents a $1,603 increase compared to the previous 30 day period (February 28 - March 28) and ($5,684) 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 3-bedroom homes in Hamilton over the last 30 days (March 29 - April 27) stood at 88.2%, up from 70.3% over the previous 30 days (February 28 - March 28) and down from 101.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (March 29 - April 27), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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