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Property Description
Heres your chance to own a great property with multiple options. A legal Duplex perfect for reducing your monthly mortgage payment while collecting Rent. Or Keep the fabulous tenants while paying down the mortgage as a great investment property. Situated in the High demand area of Blakely on a vast double lot protects its value into the future as a sound investment. Annual Gross Income collected = $41,000. Grab it while you can. Motivated Seller, Buyer To Verify numbers and are encouraged to do their own Due Diligence.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-26 | 2024-10-29 | 95 | $678,000 | - | Terminated |
| 2024-03-18 | 2024-06-01 | 75 | $697,000 | - | Expired |
| 2024-02-22 | 2024-03-18 | 25 | $749,000 | - | Terminated |
Property Features
Hospital, Park, School
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 100'
Acreage
< .50
Fronting
West
Taxes
$3,922 (2023)
Basement
Sep Entrance, Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.68' x 10.83' | |
| Br | Main | 10.17' x 7.84' | |
| 2nd Br | Main | 11.48' x 8.50' | |
| Kitchen | Main | 12.01' x 10.99' | |
| Dining | Main | 12.50' x 10.01' | |
| Living | Upper | 16.67' x 12.66' | |
| Br | Upper | 11.52' x 10.99' | |
| Br | Upper | 9.51' x 10.99' |
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Hamilton Market Statistics
Hamilton Price Trend
260 Prospect St S is a 3-bedroom 2-bathroom home listed for sale at $658,000, which is $121,845 (15.6%) lower than the average sold price of $779,845 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $29,036 (3.9%) compared to the previous 30 day period (October 19 - November 17) and up $24,406 (3.2%) from the same time one year ago.Inventory Change
There were 204 3-bedroom homes listed in Hamilton over the last 30 days (November 18 - December 17), which is down 40.4% compared with the previous 30 day period (October 19 - November 17) and up 29.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($22,571) (2.9%) below asking price over the last 30 days (November 18 - December 17), which represents a $4,973 decrease compared to the previous 30 day period (October 19 - November 17) and ($24,222) 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 (November 18 - December 17) stood at 93.1%, up from 73.7% over the previous 30 days (October 19 - November 17) and up from 73.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 34 days when successfully sold over the last 30 days (November 18 - December 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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