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5
BEDROOMS2
BATHROOMS1
KITCHENS10 + 2
ROOMSX9350715
MLSIDContact Us
Property Description
Investment Opportunity!! This 5-bedroom, 2-bath detached home in Hamilton offers prime location benefits. Just 1.5km from Hamilton West Harbour and Hamilton Go Centre Stations, steps from General Hospital, it provides seamless commuting options with public transit and bike lanes at your doorstep. The property offers excellent potential with separate entrance for in-law suite, perfect for extended family or rental income to boost your financial future. With five spacious bedrooms and two full bathrooms, it accommodates large families comfortably. Photographs are from the last time the property was listed , the property is no longer staged
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-03 | 2023-12-15 | 42 | $635,000 | - | Terminated |
| 2023-11-27 | 2023-11-30 | 4 | $3,200 | $4,000 | Leased |
| 2023-09-27 | 2023-11-03 | 37 | $670,000 | - | Terminated |
Property Features
Fenced Yard, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
32' x 65'
Fronting
North
Taxes
$3,701 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 8.20' x 13.88' | Broadloom, Gas Fireplace |
| Living | Main | 13.09' x 12.89' | Broadloom |
| Kitchen | Main | 12.89' x 13.09' | Vinyl Floor, B/I Ctr-Top Stove, B/I Range |
| Dining | Main | 14.11' x 12.89' | Broadloom, Sliding Doors |
| Prim Bdrm | 2nd | 13.12' x 10.30' | Broadloom, Double Closet, B/I Desk |
| 2nd Br | 2nd | 3.28' x 13.09' | Broadloom, Closet |
| 3rd Br | 2nd | 9.97' x 10.17' | Broadloom |
| 4th Br | 2nd | 9.84' x 10.40' | Broadloom |
| Family | 3rd | 6.56' x 21.00' | Broadloom, Gas Fireplace, W/I Closet |
| 5th Br | 3rd | 9.84' x 10.83' | Broadloom, Gas Fireplace, W/I Closet |
| Rec | Bsmt | 3.28' x 13.09' | Vinyl Floor, W/O To Garden |
| Utility | Bsmt | 11.38' x 15.09' | Concrete Floor |
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Hamilton Market Statistics
Hamilton Price Trend
247 Cannon St E is a 5-bedroom 2-bathroom home listed for sale at $519,000, which is $559,566 (51.9%) lower than the average sold price of $1,078,566 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $63,795 (6.3%) compared to the previous 30 day period (July 21 - August 19) and up $102,476 (10.5%) from the same time one year ago.Inventory Change
There were 49 5-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 69.0% compared with the previous 30 day period (July 21 - August 19) and up 36.1% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($73,710) (6.8%) below asking price over the last 30 days (August 20 - September 18), which represents a $75,127 decrease compared to the previous 30 day period (July 21 - August 19) and ($35,207) 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 (August 20 - September 18) stood at 30.6%, up from 24.1% over the previous 30 days (July 21 - August 19) and up from 30.6% 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 48 days when successfully sold over the last 30 days (August 20 - September 18), compared to 84 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Frank Real Estate
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