38 Inchbury St
Strathcona, Hamilton, L8R 3B3
FOR SALE
$799,000
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Property Description
Exceptional Opportunity! Newly Renovated Legal Triplex! This Property Features Three Self-Contained Bright & Spacious One-Bedroom Apartments, Each Equipped With Its Own Hydro Meter. Currently Vacant & Offers A Potential Rental Income Of $1,800 Per Unit. Street Parking Is Available. The Location Is Just Steps Away From Victoria Park, Nearby Shopping Mall, Go Station, Hwy 403. Take Advantage Of The Convenience And Amenities That This Property Has To Offer, Making It An Ideal Choice For Tenants Seeking A Comfortable Living Space.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-01 | 2024-08-21 | 173 | $899,000 | - | Terminated |
| 2023-08-31 | 2024-02-29 | 182 | $949,000 | - | Expired |
| 2023-06-10 | 2023-08-30 | 81 | $949,000 | - | Terminated |
| 2023-05-10 | 2023-06-09 | 30 | $999,000 | - | Terminated |
| 2023-06-10 | 2023-06-08 | -2 | $949,000 | - | Terminated |
Extras
2023 Renovation. 3 X Kitchen, 3 X Fridge, 3 X Stove, Washer & Dryer, Laminate Flooring, Paint, Pot Lights, Windows, Potential Rental Income Of ~$5,400+Utilities
Property Features
Fenced Yard, Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
20' x 86'
Fronting
East
Taxes
$4,671 (2023)
Basement
Sep Entrance, Unfinished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.73' x 11.02' | Combined W/Dining, Open Concept, Pot Lights |
| Dining | Main | 9.28' x 11.15' | Combined W/Living, Large Window, Pot Lights |
| Kitchen | Main | 7.35' x 11.84' | Modern Kitchen, Stainless Steel Appl, Led Lighting |
| Prim Bdrm | Main | 11.98' x 14.63' | O/Looks Backyard, Large Window |
| Living | 2nd | 10.66' x 15.35' | Bay Window, O/Looks Frontyard, Pot Lights |
| Kitchen | 2nd | 8.79' x 12.96' | Eat-In Kitchen, Large Window, Modern Kitchen |
| 2nd Br | 2nd | 8.79' x 11.71' | O/Looks Frontyard, Large Window, Led Lighting |
| Living | 3rd | 8.20' x 29.95' | Open Concept, Laminate, Pot Lights |
| Kitchen | 3rd | 10.14' x 10.56' | Family Size Kitchen, W/O To Yard, Led Lighting |
| 3rd Br | 3rd | 9.74' x 16.31' | Closet, O/Looks Backyard, Led Lighting |
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Hamilton Market Statistics
Hamilton Price Trend
38 Inchbury St is a 3-bedroom 3-bathroom home listed for sale at $799,000, which is $13,851 (1.7%) lower than the average sold price of $812,851 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $46,402 (5.4%) compared to the previous 30 day period (September 1 - September 30) and up $29,067 (3.7%) from the same time one year ago.Inventory Change
There were 339 3-bedroom homes listed in Hamilton over the last 30 days (October 1 - October 30), which is down 9.1% compared with the previous 30 day period (September 1 - September 30) and up 20.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($15,432) (1.9%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,881 increase compared to the previous 30 day period (September 1 - September 30) and ($19,818) 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 (October 1 - October 30) stood at 53.7%, up from 37.0% over the previous 30 days (September 1 - September 30) and up from 45.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Hamilton stood at 30 days when successfully sold over the last 30 days (October 1 - October 30), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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