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 ORnext 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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-03 | 2024-10-17 | 44 | $649,900 | - | Terminated |
| 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, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
61' x 104'
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
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 $96,899 (13.0%) lower than the average sold price of $746,799 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $87,851 (10.5%) compared to the previous 30 day period (September 21 - October 20) and down $30,098 (3.9%) from the same time one year ago.Inventory Change
There were 331 3-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is down 1.5% compared with the previous 30 day period (September 21 - October 20) and up 35.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($17,171) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,303 decrease compared to the previous 30 day period (September 21 - October 20) and ($23,304) 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 3-bedroom homes in Hamilton over the last 30 days (October 21 - November 19) stood at 81.6%, up from 49.4% over the previous 30 days (September 21 - October 20) and up from 54.3% 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 33 days when successfully sold over the last 30 days (October 21 - November 19), compared to 60 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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