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
5
ROOMS
X9233314
MLSID
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Property Description
Charming 2.5-storey Hamilton home with 3 bedrooms, a versatile 3rd-level currently used as a music studio, and 2 parking spaces. Enjoy a bright, spacious interior and a prime location near shops, dining, and parks. All measurements and square footage are approximate. Buyer to verify All measurements and square footage are approximate. Driveway/Parking is in back of house.
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 17.26'
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 $237,584 (29.6%) 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 Escarpment Golfi Realty Inc.
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