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Property Description
Welcome to 39 Morgan Road, a fantastic opportunity for Multi-Residential living or savvy investors! This 3+2 bedroom, 2.5 bathroom semi-detached Bungalow, located in the highly desirable Gilbert neighbourhood on Hamilton Mountain, is ideal for those seeking flexibility and income potential. The main floor features beautiful hardwood flooring throughout, with three spacious bedrooms, a full bathroom, and an open-concept living and dining areaperfect for family living or tenants. The fully finished basement adds incredible value, offering two additional bedrooms, a second full bathroom, and a kitchenette, making it ideal for an in-law suite, rental unit, or even a multi-generational living setup. Outside, the private driveway and carport provide ample parking, while the backyard offers a quiet retreat with mature trees and space for entertainment. Conveniently located close to schools, shopping, and quick access to the LINC highway, this property is perfectly positioned for both family living and rental income potential.
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Property Features
Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Semi-Detached, Backsplit 4
Approximate Sq.Ft.
1500-2000
Lot Size
35' x 100'
Acreage
< .50
Fronting
South
Taxes
$3,720 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Carport
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 17.26' x 10.50' | Hardwood Floor |
Dining | Main | 9.42' x 9.09' | Hardwood Floor |
Kitchen | Main | 11.32' x 8.99' | |
Prim Bdrm | 2nd | 12.99' x 12.01' | Hardwood Floor |
Kitchen | Lower | 8.92' x 13.91' | |
Family | Lower | 15.75' x 23.82' | |
Br | Lower | 9.91' x 10.93' | |
Br | Lower | 8.43' x 11.09' | |
Utility | Lower | 6.82' x 4.33' |
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Hamilton Market Statistics
Hamilton Price Trend
39 Morgan Rd is a 3-bedroom 2-bathroom home listed for sale at $819,000, which is $57,928 (7.6%) higher than the average sold price of $761,072 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $25,337 (3.2%) compared to the previous 30 day period (October 4 - November 2) and up $840 (0.1%) from the same time one year ago.Inventory Change
There were 277 3-bedroom homes listed in Hamilton over the last 30 days (November 3 - December 2), which is down 17.8% compared with the previous 30 day period (October 4 - November 2) and up 10.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($17,722) (2.3%) below asking price over the last 30 days (November 3 - December 2), which represents a $1,616 decrease compared to the previous 30 day period (October 4 - November 2) and ($21,613) 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 3 - December 2) stood at 89.5%, up from 57.0% over the previous 30 days (October 4 - November 2) and up from 53.6% 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 32 days when successfully sold over the last 30 days (November 3 - December 2), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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