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BEDROOMS6
BATHROOMS6
KITCHENS20
ROOMSX8073332
MLSIDContact Us
Property Description
Rare 6 Plex investment opportunity, great East Mountain Location comprising of 4 two-bedroom units and 2 Bachelor units. It offers Terrazzo floors in the hallways and stairs. Units are separately metered for hydro. Locker room with 6 spaces. All units with hardwood floors, some with ceramic in entrance kitchen and Baths, some with updated kitchen cabinets. Fire alarm and fire extinguisher in each floor hallways. Ideal for the starting Investor!
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Property Features
Hospital, Other, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
90' x 66'
Acreage
< .50
Fronting
East
Taxes
$7,150 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
311 East 28th St is a 1-bedroom 6-bathroom home listed for sale at $1,699,000, which is $1,124,000 (195.5%) higher than the average sold price of $575,000 in the last 30 days (April 3 - May 2). 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 4 - April 2) and down $738,131 (56.2%) from the same time one year ago.Inventory Change
There were 4 1-bedroom homes listed in Hamilton over the last 30 days (April 3 - May 2), which is up 300.0% compared with the previous 30 day period (March 4 - April 2) and up 300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in Hamilton typically sold ($14,000) (2.4%) below asking price over the last 30 days (April 3 - May 2), which represents a $65,000 increase compared to the previous 30 day period (March 4 - April 2) 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 3 - May 2) stood at 25.0%, down from 100.0% over the previous 30 days (March 4 - April 2) 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 6-bathroom home in Hamilton stood at 39 days when successfully sold over the last 30 days (April 3 - May 2), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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