316 East 42nd St
Hampton Heights, Hamilton, L8T 3A7
FOR SALE
$799,900
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS4 + 4
ROOMSX9250718
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Property Description
This beautifully updated, two-unit bungalow sitting on a deep lot is a perfect opportunity for a first time buyer, investor or those looking to live with their in-laws. It features 2+1 bedrooms, 2 full bathrooms, modern finishes throughout and an open concept layout. The detached garage is perfect for additional storage, a workshop or secondary dwelling unit.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-06-03 | 2020-06-03 | 0 | $499,000 | $565,500 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
41' x 199'
Fronting
East
Taxes
$4,556 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.73' x 12.40' | |
| Kitchen | Main | 9.74' x 19.06' | |
| Br | Main | 11.58' x 10.40' | |
| 2nd Br | Main | 9.97' x 13.09' | |
| Laundry | Bsmt | 7.74' x 12.66' | |
| Living | Bsmt | 16.24' x 23.56' | |
| 3rd Br | Bsmt | 8.50' x 11.81' | |
| Kitchen | Bsmt | 13.75' x 12.01' |
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Hamilton Market Statistics
Hamilton Price Trend
316 East 42nd St is a 2-bedroom 2-bathroom home listed for sale at $799,900, which is $113,563 (16.5%) higher than the average sold price of $686,337 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom home in Hamilton increased by $35,114 (5.4%) compared to the previous 30 day period (July 21 - August 19) and down $26,854 (3.8%) from the same time one year ago.Inventory Change
There were 73 2-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 25.9% compared with the previous 30 day period (July 21 - August 19) and up 15.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($15,414) (2.2%) below asking price over the last 30 days (August 20 - September 18), which represents a $10,619 decrease compared to the previous 30 day period (July 21 - August 19) and $1,021 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 (August 20 - September 18) stood at 117.8%, down from 162.1% over the previous 30 days (July 21 - August 19) and up from 74.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Hamilton stood at 42 days when successfully sold over the last 30 days (August 20 - September 18), 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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