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Property Description
Tastefully renovated in a prime location! This stunning home offers over 2,100 sq ft of modern living space, including a bright in-law suite with a private entrance perfect for multi-generational living or potential rental income. The thoughtfully designed sunroom opens to a spacious backyard, ideal for relaxing or entertaining. Close to highways, shopping, schools, and public transit for ultimate convenience, this is the perfect blend of modern style, comfort, and affordability. Whether you're a family, investor, or first-time buyer, this home is move-in ready and full of opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-04-29 | 2021-05-19 | 20 | $588,000 | $547,000 | Sold |
| 2021-04-11 | 2021-04-29 | 18 | $658,000 | - | Terminated |
| 2020-07-09 | 2020-07-11 | 3 | $299,900 | $335,000 | Sold |
Property Features
Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 120'
Fronting
East
Taxes
$3,104 (2024)
Basement
Apartment, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
339 Melvin Ave is a 3-bedroom 2-bathroom home listed for sale at $589,000, which is $213,584 (26.6%) lower than the average sold price of $802,584 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $58,120 (7.8%) compared to the previous 30 day period (October 22 - November 20) and up $45,627 (6.0%) from the same time one year ago.Inventory Change
There were 202 3-bedroom homes listed in Hamilton over the last 30 days (November 21 - December 20), which is down 39.2% compared with the previous 30 day period (October 22 - November 20) and up 31.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($23,836) (3.0%) below asking price over the last 30 days (November 21 - December 20), which represents a $6,877 decrease compared to the previous 30 day period (October 22 - November 20) and ($27,623) 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 3-bedroom homes in Hamilton over the last 30 days (November 21 - December 20) stood at 91.1%, up from 80.4% over the previous 30 days (October 22 - November 20) and up from 79.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 35 days when successfully sold over the last 30 days (November 21 - December 20), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Solid Rock Realty
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