40 GREIG St
Strathcona, Hamilton, L8R 2W7
FOR SALE
$449,900
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Property Description
***POWER OF SALE*** Solid brick downtown home on a quiet street around the corner from Dundurn Castle and close to McMaster University. Ideal for a family or investor seeking an opportunity to buy a rarely-offered home at such a low price. This 1 1/2 storey detached home offers abundant potential with 3 bedrooms and 1 bathroom, and beautiful hardwood floors throughout. This home has been freshly painted in a neutral colour and shows quite well. The property is a canvas waiting for your personal touch. Don't miss out on this chance to create your dream home or investment. All Photos, Virtual Tours, measurements, sq. ft. and Floor plans are from interactive I-Guide attached hereto listing.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-03 | 2024-05-10 | 7 | $459,999 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
37' x 40'
Acreage
< .50
Taxes
$2,937 (2024)
Basement
Part Bsmt, Part Fin
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Garage Type
Boulevard
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.01' x 13.75' | |
| Dining | Main | 13.58' x 10.93' | |
| Kitchen | Main | 13.42' x 8.60' | |
| Prim Bdrm | 2nd | 8.07' x 13.68' | |
| Br | 2nd | 6.17' x 6.82' | |
| Br | 2nd | 13.85' x 6.33' | |
| Rec | Bsmt | 13.16' x 19.75' | |
| Laundry | Bsmt | 12.40' x 8.23' | |
| Cold/Cant | Bsmt | 4.76' x 18.67' | |
| Utility | Bsmt | 12.40' x 11.15' |
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Hamilton Market Statistics
Hamilton Price Trend
40 GREIG St is a 3-bedroom 1-bathroom home listed for sale at $449,900, which is $352,684 (43.9%) lower than the average sold price of $802,584 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $58,120 (7.8%) compared to the previous 30 day period (October 22 - November 20) and up $45,627 (6.0%) from the same time one year ago.Inventory Change
There were 202 3-bedroom homes listed in Hamilton over the last 30 days (November 21 - December 20), which is down 39.2% compared with the previous 30 day period (October 22 - November 20) and up 31.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($23,836) (3.0%) below asking price over the last 30 days (November 21 - December 20), which represents a $6,877 decrease compared to the previous 30 day period (October 22 - November 20) and ($27,623) 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 21 - December 20) stood at 91.1%, up from 80.4% over the previous 30 days (October 22 - November 20) and up from 79.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Hamilton stood at 35 days when successfully sold over the last 30 days (November 21 - December 20), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc., Brokerage
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