402 Upper Paradise Rd
Westcliffe, Hamilton, L9C 5E1
FOR SALE
$998,900
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3 + 3
BEDROOMS4
BATHROOMS2
KITCHENS12
ROOMSX9507192
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Property Description
***ATTACHED FEATURE SHEET ***(Check Attachments). --------- Experience the luxury living at a great location in Hamilton Mountain's prestigious community in Westcliffe and only 1 KM away from ANCASTER. TURNKEY stunning corner 3 + 3 Bed 4 Bath Detached Backslipt House with ***CAD 150,000*** worth of UPGRADES and perfect of FIRST TIME HOME BUYERS or INVESTORS, is build with Luxurious upgrades, ***LIVING ROOM, KITCHEN, CUSTOM MADE AESTHETICALLY BEAUTIFUL WASHROOMS***, and ***LEGAL SECOND DWELLING*** unit approx. 1000 sqft. with separate entrance offer great potential of ***RENTAL INCOME WORTH $2500/MONTH***. ***5 MINS DRIVE TO MOHAWK COLLEGE, ST JOSEPH RESEARCH CENTRE, ST JOSEPH HOSPITAL and OTHER STUDENT COLLEGES AND CAMPUSES***, leads to ***HIGH RENTAL DEMAND AND EASY COMMUTE TO DOWNTOWN TORONTO***. ***GROCERY (Food Basics), BANKS (CIBC & BMO), GOOD RATED SCHOOL (REGINA MUNDI CATHOLIC SCHOOL)***, Home Hardware, Dollarama, and all other basic amenities are ***JUST ACROSS THE HOUSE***. This corner house on a huge lot offers great curb appeal and bigger frontage of the house. ***HOUSE IS UPGRADED*** with ***BRAND NEW PLUMBING, ELECTRIC WIRING, ELECTRIC PANEL UPGRADE, WINDOWS, INTERIOR AND EXTERIOR DOORS, WASHROOMS, DRIVEWAY, LANDSCAPING** AND MUCH MORE, are just few of the amazing things to know. All ***MECHANICAL APPLIANCES i.e., HVAC System, AIR PURIFIER, AIR CONDITIONER, WATER SOFTNER are JUST 2 YEARS OLD and ROOF IS approx. 5 YEARS OLD***. THE House is perfect for ***LIVE, WORK and RENT*** and has further immense potential to either create an additional garden suite or it's FUNCTIONAL Layout and Structure can be ***LEVERAGED FOR RE-ZONING*** it for ***COMMERCIAL USAGE***. FOR INVESTORS, THE PROPERTY WILL CASHFLOW (+) even in TODAY's MARKET, if BOTH THE UNITS ARE RENTED.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-09 | 2024-10-23 | 14 | $799,900 | - | Terminated |
| 2024-03-21 | 2024-03-28 | 7 | $499,900 | $697,000 | Sold |
| 2024-03-21 | 2024-03-28 | 7 | $499,900 | $697,000 | Sold |
Property Features
Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1500-2000
Lot Size
62' x 104'
Fronting
East
Taxes
$4,500 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Carport
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.52' x 20.01' | |
| Dining | Main | 9.84' x 8.92' | |
| Kitchen | Main | 10.99' x 14.17' | |
| Prim Bdrm | Upper | 12.47' x 13.78' | |
| Br | Upper | 11.81' x 13.78' | |
| Br | Upper | 9.97' x 11.81' | |
| Br | Lower | 10.99' x 11.98' | |
| 2nd Br | Lower | 10.99' x 11.98' | |
| 3rd Br | Lower | 10.01' x 10.01' | |
| Living | Lower | 10.01' x 16.99' | |
| Dining | Lower | 4.99' x 7.87' | |
| Kitchen | Lower | 4.99' x 10.01' |
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Hamilton Market Statistics
Hamilton Price Trend
402 Upper Paradise Rd is a 3-bedroom 4-bathroom home listed for sale at $998,900, which is $186,049 (22.9%) higher 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 4-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 Exp Realty
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