298 SECOND Rd E

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298 SECOND Rd E, Hamilton
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 1
ROOMS
X11895261
MLSID
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Property Description
Excellent chance to acquire a 22.2-acre farm featuring a spacious 2 story brick house, perfectly situated on the corner of Mud Street & Second Rd East. The property boasts an impressive 1,938.29 feet of frontage, in a prime location on Stoney Creek Mountain, near upcoming developments. Several upgrades have been made in the last five years. Includes a double car garage and is conveniently close to all necessities: shopping, schools, and easy access to Red Hill Expressway, LINC, and QEW."
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-10-09 2022-12-08 64 $2,999,900 - Expired
2022-06-07 2022-09-30 115 $3,250,000 - Expired
2021-11-15 2022-06-05 203 $3,500,000 - Expired
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
1,938' x 494'
Acreage
10-24.99
Lot Irregularities
1,938.29 x 494.51 x1,938.73x500
Fronting
East
Taxes
$3,450 (2024)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Other
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Prim Bdrm2nd12.99' x 19.16'
Br2nd13.32' x 16.17'
Br2nd12.01' x 16.17'
FamilyMain15.49' x 25.66'
KitchenMain11.09' x 14.34'
DiningMain12.99' x 15.85'
BrMain12.99' x 19.16'
LivingMain14.40' x 25.16'
MudroomMain8.01' x 15.32'
RecBsmt13.09' x 29.99'
BrBsmt12.60' x 18.77'
OtherBsmt24.02' x 12.01'
Hamilton Market Statistics
Hamilton Price Trend
298 SECOND Rd E is a 4-bedroom 3-bathroom home listed for sale at $2,499,000, which is $1,506,234 (151.7%) higher than the average sold price of $992,766 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $120,356 (10.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,454 (4.0%) from the same time one year ago.
Inventory Change
There were 145 4-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 51.0% compared with the previous 30 day period (December 22 - January 20) and up 33.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($18,680) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $20,436 increase compared to the previous 30 day period (December 22 - January 20) and ($26,274) 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 4-bedroom homes in Hamilton over the last 30 days (January 21 - February 19) stood at 47.6%, up from 45.8% over the previous 30 days (December 22 - January 20) and down from 84.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Hamilton stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Leadex Realty
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