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Property Description
Prime investment opportunity in the sought-after Westdale neighborhood just steps from McMaster University, Westdale Village, major highways, and all essential amenities. This solid brick home is fully leased with tenants on 12-month terms, offering immediate rental income. Recent updates, including the roof, windows, waterline, furnace, electrical, and AC, all within the last 5-8 years, make this a true turnkey investment with minimal maintenance required. Situated in a high-demand location with excellent rental potential, this property is ideal for investors seeking steady cash flow and long-term appreciation. With a large municipal lot (30 x 100 feet), parking for three vehicles, and proximity to top-rated schools, this opportunity won't last long! Dont miss out!
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Property Features
Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
30' x 100'
Fronting
West
Taxes
$7,291 (2024)
Basement
Finished, Full
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.99' x 10.99' | |
Kitchen | Main | 10.66' x 8.23' | |
Br | Main | 10.60' x 11.25' | |
Br | 2nd | 11.09' x 8.99' | |
Br | 2nd | 11.15' x 10.07' | |
Prim Bdrm | 2nd | 12.83' x 13.58' | |
Other | 2nd | 5.58' x 3.35' | |
Br | Bsmt | 12.40' x 9.09' | |
Br | Bsmt | 11.15' x 7.91' | |
Utility | Bsmt | 4.66' x 8.23' |
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Hamilton Market Statistics
Hamilton Price Trend
33 Cline Ave N is a 4-bedroom 2-bathroom home listed for sale at $859,900, which is $116,571 (11.9%) lower than the average sold price of $976,471 in the last 30 days (December 14 - January 12). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $16,038 (1.7%) compared to the previous 30 day period (November 14 - December 13) and down $45,752 (4.5%) from the same time one year ago.Inventory Change
There were 69 4-bedroom homes listed in Hamilton over the last 30 days (December 14 - January 12), which is down 59.2% compared with the previous 30 day period (November 14 - December 13) and up 53.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($18,921) (1.9%) below asking price over the last 30 days (December 14 - January 12), which represents a $7,267 increase compared to the previous 30 day period (November 14 - December 13) and ($41,104) 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 (December 14 - January 12) stood at 101.4%, up from 49.1% over the previous 30 days (November 14 - December 13) and up from 95.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Hamilton stood at 29 days when successfully sold over the last 30 days (December 14 - January 12), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc.
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