42 Madison Ave

Gibson, Hamilton, L8L 5Y4
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42 Madison Ave, Hamilton
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
10
ROOMS
X8323658
MLSID
Contact Us
Property Description
Welcome to 42 Madison Ave, located in central Hamilton. This fully renovated semi-detached property features 3+1 bedrooms, 3 bathrooms, and a finished basement, with high quality finishes. It features a ton of natural light through the many large windows, all stainless steel appliances in the kitchen, quartz countertop with custom backsplash, and a walk out to the backyard deck, perfect for entertaining. There is 1 parking space at the back of the home, accessible through the laneway. The Roof was just redone 2024, along with the attic insulation and electrical panel upgrade. This Property is close to public transit, schools, parks, libraries, grocery stores, and a hospital.
Property Features
Fenced Yard, Park, Public Transit, School
Property Details
Community
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
18' x 81'
Fronting
East
Taxes
$1,494 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain19.19' x 25.59'Combined W/Dining, Large Window
KitchenMain14.07' x 9.84'Custom Counter, Custom Backsplash, W/O To Deck
Powder RmMain10.17' x 6.40'Large Window, Tile Floor
Prim Bdrm2nd13.12' x 14.07'Large Window, O/Looks Frontyard
2nd Br2nd12.17' x 7.97'Large Window
3rd Br2nd9.97' x 10.07'Large Window, O/Looks Backyard
Bathroom2nd5.09' x 6.99'4 Pc Bath, Tile Floor, Glass Doors
BrBsmt14.11' x 8.10'Finished
BathroomBsmt8.07' x 4.07'3 Pc Bath, Tile Floor, Glass Doors
FamilyBsmt23.10' x 13.09'Large Window
Hamilton Market Statistics
Hamilton Price Trend
42 Madison Ave is a 3-bedroom 3-bathroom home listed for sale at $499,000, which is $355,200 (41.6%) lower than the average sold price of $854,200 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $2,298 (0.3%) compared to the previous 30 day period (March 15 - April 13) and down $15,454 (1.8%) from the same time one year ago.
Inventory Change
There were 411 3-bedroom homes listed in Hamilton over the last 30 days (April 14 - May 13), which is up 52.2% compared with the previous 30 day period (March 15 - April 13) and up 58.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($5,864) (0.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $1,949 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,355) 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 (April 14 - May 13) stood at 57.4%, down from 93.3% over the previous 30 days (March 15 - April 13) and down from 86.9% 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 22 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Millennium Real Estate
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