298 SECOND Rd E
Stoney Creek, Hamilton, L8J 3J4
FOR SALE
$2,499,000
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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."
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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 |
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Property Details
Street
Community
City
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Prim Bdrm | 2nd | 12.99' x 19.16' | |
Br | 2nd | 13.32' x 16.17' | |
Br | 2nd | 12.01' x 16.17' | |
Family | Main | 15.49' x 25.66' | |
Kitchen | Main | 11.09' x 14.34' | |
Dining | Main | 12.99' x 15.85' | |
Br | Main | 12.99' x 19.16' | |
Living | Main | 14.40' x 25.16' | |
Mudroom | Main | 8.01' x 15.32' | |
Rec | Bsmt | 13.09' x 29.99' | |
Br | Bsmt | 12.60' x 18.77' | |
Other | Bsmt | 24.02' x 12.01' |
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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 $1,494,509 (148.8%) higher than the average sold price of $1,004,491 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $85,180 (7.8%) compared to the previous 30 day period (October 19 - November 17) and down $15,509 (1.5%) from the same time one year ago.Inventory Change
There were 122 4-bedroom homes listed in Hamilton over the last 30 days (November 18 - December 17), which is down 31.1% compared with the previous 30 day period (October 19 - November 17) and up 50.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($26,661) (2.7%) below asking price over the last 30 days (November 18 - December 17), which represents a $2,049 increase compared to the previous 30 day period (October 19 - November 17) and ($41,604) 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 (November 18 - December 17) stood at 67.2%, up from 53.1% over the previous 30 days (October 19 - November 17) and up from 59.3% 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 33 days when successfully sold over the last 30 days (November 18 - December 17), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Leadex Realty
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