41 Elora Dr

FOR SALE
$789,900
41 Elora Dr, Hamilton
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X9309797
MLSID
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Property Description
This West Hamilton Mountain gem is packed with potential and ready for your personal touch! Well-maintained and located in a quiet neighbourhood, this 3-bedroom, 2-bathroom home offers convenient one-level living, with the added bonus of a separate entrance to the basement for an in-law suite or rental opportunity. The home includes a new roof (2024), appliances on both levels, and features a concrete driveway and fenced backyard. While some updates could be used, the unbeatable location - just minutes to parks, schools, shopping, the 403 and the Linc - makes this property a perfect fit for families, investors, or anyone seeking a versatile space with room to grow.
Property Details
Street
Community
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
1100-1500
Lot Size
42' x 108'
Fronting
South
Taxes
$4,762 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain6.59' x 14.07'
LivingMain11.42' x 13.75'
DiningMain11.25' x 11.32'
KitchenMain12.40' x 14.24'Eat-In Kitchen
BrMain9.42' x 11.32'
BrMain9.91' x 14.76'
BrMain10.40' x 14.40'
RecBsmt11.52' x 29.07'
KitchenBsmt11.68' x 19.26'
LaundryBsmt11.68' x 15.09'
UtilityBsmt5.51' x 14.67'
RecBsmt15.32' x 16.83'
Hamilton Market Statistics
Hamilton Price Trend
41 Elora Dr is a 3-bedroom 2-bathroom home listed for sale at $789,900, which is $2,803 (0.4%) lower than the average sold price of $792,703 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $10,805 (1.4%) compared to the previous 30 day period (July 21 - August 19) and down $17,358 (2.1%) from the same time one year ago.
Inventory Change
There were 349 3-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 40.2% compared with the previous 30 day period (July 21 - August 19) and up 41.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($15,744) (2.0%) below asking price over the last 30 days (August 20 - September 18), which represents a $3,145 increase compared to the previous 30 day period (July 21 - August 19) and ($5,214) 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 3-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 68.2%, down from 113.3% over the previous 30 days (July 21 - August 19) and up from 53.3% 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 29 days when successfully sold over the last 30 days (August 20 - September 18), compared to 62 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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