301 Bay St N

FOR SALE
$1,200,000
301 Bay St N, Hamilton
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
301 Bay St N
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1
BEDROOMS
3
BATHROOMS
1
KITCHENS
16
ROOMS
X8252698
MLSID
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Property Description
"Triplex Property" Excellent and Rare opportunity for Investors, Fully Tenanted with Excellent Rent. Zoned for 10 units. Fully renovated property from Top to Bottom with City's permits. High demand Area.Approx.2400 Sqft., Fully fenced Yard. Just few steps to Go Station, Bayfront Park. Please Allow 24 Hours Irrev. Each unit has its own entrance, kitchen, bathroom, and living space, Separately Metered, Landlord Pays Water for All Units. Street parking. Few photos virtually staged
Property Details
Street
Community
Property Type
Triplex, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
29' x 100'
Fronting
South
Taxes
$3,599 (2023)
Basement
Apartment
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround7.97' x 7.97'Window, Laminate, Laminate
KitchenGround5.97' x 3.67'Window, W/O To Deck
BrGround5.97' x 4.99'Window, Closet
2nd BrGround6.99' x 4.99'Window, Closet, 4 Pc Bath
Living2nd7.97' x 6.99'Window
Kitchen2nd5.97' x 3.48'
3rd Br2nd6.99' x 6.04'Window, Closet, 4 Pc Bath
4th Br2nd6.50' x 5.91'Window
5th Br2nd6.46' x 5.91'
Br2nd5.91' x 4.99'
Br2nd4.99' x 3.94'
BrLower4.99' x 3.94'
Hamilton Market Statistics
Hamilton Price Trend
301 Bay St N is a 1-bedroom 3-bathroom home listed for sale at $1,200,000, which is $625,000 (108.7%) higher than the average sold price of $575,000 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 1 bedroom home in Hamilton declined by $345,000 (37.5%) compared to the previous 30 day period (March 3 - April 1) and down $738,131 (56.2%) from the same time one year ago.
Inventory Change
There were 3 1-bedroom homes listed in Hamilton over the last 30 days (April 2 - May 1), which is up 200.0% compared with the previous 30 day period (March 3 - April 1) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom homes in Hamilton typically sold ($14,000) (2.4%) below asking price over the last 30 days (April 2 - May 1), which represents a $65,000 increase compared to the previous 30 day period (March 3 - April 1) and $14,131 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 1-bedroom homes in Hamilton over the last 30 days (April 2 - May 1) stood at 33.3%, down from 100.0% over the previous 30 days (March 3 - April 1) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 3-bathroom home in Hamilton stood at 39 days when successfully sold over the last 30 days (April 2 - May 1), compared to 0 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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