477 Cannon St E

Gibson, Hamilton, L8L 2E3
FOR SALE
$565,000
477 Cannon St E, Hamilton
477 Cannon St E
477 Cannon St E
477 Cannon St E
477 Cannon St E
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
10
ROOMS
X11945333
MLSID
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Property Description
Step into the timeless charm of this 2.5-storey home, offering 3 bedrooms, 2 parking spaces, and a versatile third-level loft currently used as a music studio. Perfect for families or creatives, this home exudes warmth with its bright and inviting interior, thoughtful layout, and classic character. Located minutes to Tim Hortons Stadium, you'll love the convenience of nearby shops, restaurants, and parks. Whether you're hosting friends, creating music, or simply unwinding after a long day, this property provides the perfect backdrop for a fulfilling lifestyle. This home is a rare find that perfectly balances charm and practicality.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-31 2024-12-28 150 $565,000 - Terminated
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Property Details
Street
Community
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
21' x 75'
Acreage
< .50
Fronting
North
Taxes
$2,406 (2024)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Other
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain24.84' x 17.22'Combined W/Dining
KitchenMain10.99' x 17.26'
LaundryMain5.09' x 15.32'
Prim Bdrm2nd12.24' x 17.26'
Br2nd8.50' x 11.15'
Br2nd11.25' x 11.25'
Other3rd11.32' x 35.60'
Hamilton Market Statistics
Hamilton Price Trend
477 Cannon St E is a 3-bedroom 1-bathroom home listed for sale at $565,000, which is $230,304 (29.0%) lower than the average sold price of $795,304 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $14,590 (1.8%) compared to the previous 30 day period (December 22 - January 20) and up $4,194 (0.5%) from the same time one year ago.
Inventory Change
There were 282 3-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 83.1% compared with the previous 30 day period (December 22 - January 20) and up 34.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($17,171) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $7,920 increase compared to the previous 30 day period (December 22 - January 20) and ($12,854) 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 (January 21 - February 19) stood at 50.0%, down from 73.4% over the previous 30 days (December 22 - January 20) and down from 78.6% 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 34 days when successfully sold over the last 30 days (January 21 - February 19), compared to 71 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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