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BEDROOMS2
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KITCHENS4
ROOMSX8266164
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Property Description
Calling all investors & house-hackers! Nestled in the tranquil and welcoming Rosedale neighbourhood is this fully renovated LEGAL Duplex offering 2 bedrooms, 1 bath in the main level, and a 1 bed, 1 bath lower unit. Upgrades: lower unit with new kitchen, windows, and appliances (2022), AC (2015), furnace(2012), both units have in-suite laundry, and a double wide driveway (2022) that can fit up to 3 vehicles. Other features include: garden shed in the back, an enclosed sunroom in the upper unit & an electrical fireplace in both units. A notable benefit is the expansive lot, offering the potential for an Additional Dwelling Unit (ADU) to enhance density - ideal for accommodating multi-generational living, house hacking, or generating extra income down the line. The fantastic location makes it just steps from the Kenilworth stairs, the Escarpment trail, Rosedale Park, Kings Forest Golf Club, easy access to the RedHill, groceries, and just a short drive to the GO. Opportunity awaits right here!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-09-12 | 2022-09-20 | 8 | $1,750 | $1,700 | Leased |
Extras
Separate Hydro Meters
Property Features
Cul De Sac, Golf, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Duplex, Bungalow
Approximate Sq.Ft.
< 700
Lot Size
48' x 134'
Acreage
< .50
Fronting
South
Taxes
$4,072 (2023)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 9.42' x 11.15' | |
| Br | Main | 12.07' x 6.92' | |
| Kitchen | Main | 10.76' x 9.74' | |
| Living | Main | 14.50' x 11.09' | |
| Br | Bsmt | 10.66' x 9.51' | |
| Kitchen | Bsmt | 4.49' x 14.50' | |
| Rec | Bsmt | 12.83' x 21.42' | |
| Utility | Bsmt | 5.84' x 5.09' | |
| Laundry | Bsmt | 7.68' x 5.25' |
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Hamilton Market Statistics
Hamilton Price Trend
38 Dunkirk Dr is a 2-bedroom 2-bathroom home listed for sale at $724,500, which is $54,282 (8.1%) higher than the average sold price of $670,218 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $45,680 (6.4%) compared to the previous 30 day period (March 5 - April 3) and down $74,045 (9.9%) from the same time one year ago.Inventory Change
There were 87 2-bedroom homes listed in Hamilton over the last 30 days (April 4 - May 3), which is up 117.5% compared with the previous 30 day period (March 5 - April 3) and up 40.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($3,496) (0.5%) below asking price over the last 30 days (April 4 - May 3), which represents a $7,140 increase compared to the previous 30 day period (March 5 - April 3) and $14,029 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 (April 4 - May 3) stood at 72.4%, down from 145.0% over the previous 30 days (March 5 - April 3) and down from 109.7% 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 18 days when successfully sold over the last 30 days (April 4 - May 3), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc.
Similar Listings
Legal duplex!!! Calling all investors looking for opportunity or homebuyers eager to get into the market. This house is perfectly situated in the high demand Blakely neighborhood. This property is fully leased, collecting approximate $41,000 annually with an NOI of $31,700 offering a compelling ROI, boasting a cap rate around 4.2%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can live in one unit while collecting rent thereby reducing their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed.
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Looking for a Turn Key Investment Opportunity? ThisLegal Duplex with a Large Lot and full of potential are Currently Tenanted and generate Good Income - Main Floor: First Unit - 2 Bedrooms,Full 4 piece Bath Ensuite , Living Room Combined with Open Concept Kitchen. Second Floor: Second Unit -1 Bedroom, Room that can be Living/Family plus Kitchen, and 4 piece bath; 2 1/2 Storey: +2 Rooms/Dens good size having their own 3 Piece Bath Ensuite, shared entrance with second unit. This property features: Nice upgraded kitchens and baths, a functional layout,plenty of parking spaces, Good Tenants, And Much More!
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