245 Cedardale Ave
Stoney Creek, Hamilton, L8E 1S1
FOR SALE
$649,900
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Property Description
Unlock the potential of this ideally located 3-bedroom bungalow, perfect for your next project. Set on a generous 60 ft x 108 ft lot, this home is an excellent opportunity for renovation or new development. Situated within walking distance to parks and top-rated schools, it's ideal for first-time buyers, young families, or savvy investors. Featuring a detached garage and available for immediate closing, this property offers the convenience to start your plans right away. Don't miss this chance to create your dream home or investment property in a highly desirable neighborhood. Explore the possibilities!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-30 | 2024-09-03 | 35 | $649,900 | - | Terminated |
| 2024-01-24 | 2024-05-31 | 128 | $799,000 | - | Expired |
Property Features
Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
61' x 104'
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
4
Driveway
Pvt Double
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' | Eat-In Kitchen |
| Prim Bdrm | Main | 9.58' 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 $649,900, which is $142,803 (18.0%) lower than the average sold price of $792,703 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $10,805 (1.4%) compared to the previous 30 day period (July 21 - August 19) and down $17,358 (2.1%) from the same time one year ago.Inventory Change
There were 349 3-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 40.2% compared with the previous 30 day period (July 21 - August 19) and up 41.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($15,744) (2.0%) below asking price over the last 30 days (August 20 - September 18), which represents a $3,145 increase compared to the previous 30 day period (July 21 - August 19) and ($5,214) 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 (August 20 - September 18) stood at 68.2%, down from 113.3% over the previous 30 days (July 21 - August 19) and up from 53.3% 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 29 days when successfully sold over the last 30 days (August 20 - September 18), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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