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Property Description
Take advantage of this amazing opportunity. Ideal First Time Home Buyer, RRR or RSR potential. Already existing as a two unit rental property. C-zoning also gives investors a great opportunity to potentially convert into a legal duplex with a SDU or gives young couples the option to offset their mortgage by bringing in additional income. Renovate It, Live In It, Keep It or Sell It!
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Property Features
Hospital, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
25' x 95'
Acreage
< .50
Fronting
West
Basement
Apartment, Finished
Exterior
Brick, Brick Front
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.99' x 10.66' | |
| Kitchen | Main | 10.83' x 14.01' | |
| Br | Main | 12.40' x 18.34' | |
| 2nd Br | Main | 9.32' x 9.15' | |
| Bathroom | Main | 16.40' x 9.84' | 3 Pc Bath |
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Hamilton Market Statistics
Hamilton Price Trend
359.5 Strathearne Ave W is a 2-bedroom 1-bathroom home listed for sale at $549,000, which is $60,903 (10.0%) lower than the average sold price of $609,903 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $5,466 (0.9%) compared to the previous 30 day period (December 22 - January 20) and down $52,778 (8.0%) from the same time one year ago.Inventory Change
There were 67 2-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 59.5% compared with the previous 30 day period (December 22 - January 20) and up 15.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($5,239) (0.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $10,772 increase compared to the previous 30 day period (December 22 - January 20) and ($4,958) 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 (January 21 - February 19) stood at 49.3%, down from 78.6% over the previous 30 days (December 22 - January 20) and down from 94.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Hamilton stood at 40 days when successfully sold over the last 30 days (January 21 - February 19), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Orion Realty Corporation
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