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BEDROOMS3
BATHROOMS2
KITCHENS11
ROOMSX9357352
MLSIDContact Us
Property Description
*GOLDEN INVESTMENT* Opportunity - Turn-Key (Renovated) Legal Duplex!Lovingly Maintained with Soaring Ceilings, Exposed Brick with Ample Natural Light Throughout! Steps to Public transit and bike lanes at your doorstep! Zip Anywhere with Easy Access to HWY's and Downtown! Updated ROOF, HVAC, Flooring, & Kitchens! Each Unit Separately Metered with Outdoor Security Cameras! Close to Hamilton West Harbour and Hamilton Go Centre Stations, steps from General Hospital! Why Wait!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-24 | 2023-11-08 | 76 | $2,300 | - | Expired |
| 2023-05-08 | 2023-08-08 | 92 | $2,500 | - | Expired |
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Property Details
Street
Community
City
Property Type
Duplex, 2 1/2 Storey
Lot Size
21' x 66'
Fronting
North
Taxes
$2,577 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
340 Cannon St E is a 6-bedroom 3-bathroom home listed for sale at $685,000, which is $752,500 (52.3%) lower than the average sold price of $1,437,500 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 6 bedroom home in Hamilton increased by $328,500 (29.6%) compared to the previous 30 day period (September 15 - October 14) and up $253,167 (21.4%) from the same time one year ago.Inventory Change
There were 5 6-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is down 44.4% compared with the previous 30 day period (September 15 - October 14) and down 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold ($5,450) (0.4%) below asking price over the last 30 days (October 15 - November 13), which represents a $60,050 increase compared to the previous 30 day period (September 15 - October 14) and ($31,264) 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 6-bedroom homes in Hamilton over the last 30 days (October 15 - November 13) stood at 40.0%, up from 22.2% over the previous 30 days (September 15 - October 14) and down from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Hamilton stood at 99 days when successfully sold over the last 30 days (October 15 - November 13), compared to 93 days before being removed from the market upon being suspended or terminated.Listing contracted with Property.Ca Inc.
Similar Listings
Calling all investors! Renovated legal duplex with income potential in the basement. 3 bedroom main floor unit with newly renovated kitchen, ceramic flooring, living room, new 4 pc bathroom and in-suite washer and dryer. The upper level is a 2 bedroom apartment with updated vinyl flooring, kitchen with ceramic tiles and 4 pc bathroom. Each unit separately metered. Each unit comes with one parking spot. Located in an area with high rental demand this will make for a sound investment. Close to all amenities, Tim Hortons Field, Bernie Morelli Recreation Centre, schools, public transit and highway access.
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