260 Prospect St S

Blakeley, Hamilton, L8M 2Z9
FOR SALE
$658,000
260 Prospect St S, Hamilton
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
9
ROOMS
X9768103
MLSID
Contact Us
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.
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
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
LivingMain11.68' x 10.83'
BrMain10.17' x 7.84'
2nd BrMain11.48' x 8.50'
KitchenMain12.01' x 10.99'
DiningMain12.50' x 10.01'
LivingUpper16.67' x 12.66'
BrUpper11.52' x 10.99'
BrUpper9.51' x 10.99'
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 $114,642 (14.8%) lower than the average sold price of $772,642 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $16,553 (2.1%) compared to the previous 30 day period (November 19 - December 18) and up $7,282 (1.0%) from the same time one year ago.
Inventory Change
There were 152 3-bedroom homes listed in Hamilton over the last 30 days (December 19 - January 17), which is down 25.5% compared with the previous 30 day period (November 19 - December 18) and up 60.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,596) (2.5%) below asking price over the last 30 days (December 19 - January 17), which represents a $3,694 increase compared to the previous 30 day period (November 19 - December 18) and ($32,665) 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 (December 19 - January 17) stood at 105.9%, up from 93.1% over the previous 30 days (November 19 - December 18) and down from 127.4% 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 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 83 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd.
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