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BEDROOMS4
BATHROOMS4
KITCHENS9
ROOMSX8217208
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Property Description
Welcome to 259 John Street South, a charming 2.5 storey all-brick home nestled in the heart of CORKTOWN, right across from St. Joseph's Hospital. This legal triplex offers an opportunity in Hamilton's trendy neighborhood. Conveniently located near amenities and transport, it features 4 units: a basement 1-bed, 1-bath unit; a main floor 1-bed, 1-bath unit with high ceilings; a second-floor 3-bed, 1-bath unit, currently rented by room; and an upper-level 1-bed, 1-bath unit. With its prime location and diverse layout, it's perfect for investment or creating your dream home.this property presents endless possibilities. Whether you're looking for a savvy investment opportunity or seeking to create your dream home in the heart of the city, 259 John Street South offers the perfect blend of location, potential, and charm.
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Lot Size
27' x 90'
Acreage
< .50
Fronting
East
Taxes
$4,167 (2023)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
259 John St is a 6-bedroom 4-bathroom home listed for sale at $634,900, which is $827,560 (56.6%) lower than the average sold price of $1,462,460 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 6 bedroom home in Hamilton increased by $59,627 (4.3%) compared to the previous 30 day period (March 2 - March 31) and up $862,510 (143.8%) from the same time one year ago.Inventory Change
There were 9 6-bedroom homes listed in Hamilton over the last 30 days (April 1 - April 30), which is down 30.8% compared with the previous 30 day period (March 2 - March 31) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold ($56,894) (3.9%) below asking price over the last 30 days (April 1 - April 30), which represents a $10,245 decrease compared to the previous 30 day period (March 2 - March 31) and ($9,950) 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 6-bedroom homes in Hamilton over the last 30 days (April 1 - April 30) stood at 55.6%, up from 46.2% over the previous 30 days (March 2 - March 31) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Hamilton stood at 35 days when successfully sold over the last 30 days (April 1 - April 30), compared to 79 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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