266 Paling Ave E

Homeside, Hamilton, L8H 5J9
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266 Paling Ave E, Hamilton
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X8319720
MLSID
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Property Description
Welcome to 266 Paling Avenue in Hamilton. This one storey, 2-bed, 1-bath home with modern decor is perfect for first-time homebuyers or those looking to downsize. Enjoy the cozy comfort with a completely open concept kitchen, living and dining room. Beautiful pot lights run throughout this carpet free home. Outside, a generously sized, completely fenced-in backyard is great for letting your pets roam. A convenient detached garage provides shelter for your vehicle, additional storage needs, or it would make a perfect workshop.
Property Details
Community
Property Type
Detached, Other
Approximate Sq.Ft.
700-1100
Lot Size
25' x 117'
Fronting
East
Taxes
$2,100 (2024)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
BrMain8.01' x 11.98'
BathroomMain6.00' x 7.97'
KitchenMain8.99' x 14.01'
LivingMain8.99' x 24.02'
Prim BdrmMain8.01' x 13.02'
Hamilton Market Statistics
Hamilton Price Trend
266 Paling Ave E is a 2-bedroom 1-bathroom home listed for sale at $499,900, which is $169,103 (25.3%) lower than the average sold price of $669,003 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $50,816 (7.1%) compared to the previous 30 day period (March 15 - April 13) and down $73,088 (9.8%) from the same time one year ago.
Inventory Change
There were 91 2-bedroom homes listed in Hamilton over the last 30 days (April 14 - May 13), which is up 93.6% compared with the previous 30 day period (March 15 - April 13) and up 46.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($1,377) (0.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,974 increase compared to the previous 30 day period (March 15 - April 13) and $23,433 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 2-bedroom homes in Hamilton over the last 30 days (April 14 - May 13) stood at 57.1%, down from 140.4% over the previous 30 days (March 15 - April 13) and down from 95.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Hamilton stood at 22 days when successfully sold over the last 30 days (April 14 - May 13), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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