483 Cannon St E

Gibson, Hamilton, L8L 2E5
FOR SALE
$589,000
483 Cannon St E, Hamilton
483 Cannon St E
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
X10423915
MLSID
Contact Us
Property Description
A fantastic chance for first-time homebuyers, investors to make this property their own. This 2.5-storey house in the family-friendly Gibson area. This property is perfect for first-time homebuyers, small families, or people in the business world who want to be near the highway, schools, Hospital, parks, Tim Hortons Field, Centre on Barton, and other facilities. Property is completely renovated, Basement Professionally Waterproofed, Insulated With New Electrical panel. Upgraded New Floors, Stairs, & Spotlights. Beautiful Kitchen With Stainless Steel Appliances & Walk Out Deck. Window Coverings are included. Currently property is rented for approximately $3500. Vacant Possession is Available as well.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-19 2024-01-30 137 $629,900 - Expired
2023-04-16 2023-09-16 153 $649,900 - Terminated
2022-11-24 2023-03-31 127 $749,900 - Expired
2021-07-13 2021-07-20 8 $400,000 $400,000 Sold
Property Features
Arts Centre, Hospital, Park, School
Property Details
Street
Community
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
24' x 67'
Acreage
< .50
Fronting
North
Taxes
$3,360 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain16.40' x 22.97'O/Looks Family
KitchenMain12.30' x 9.84'B/I Dishwasher
Br2nd13.94' x 9.84'
2nd Br2nd10.66' x 10.66'
3rd Br2nd10.66' x 9.84'
Loft3rd10.66' x 22.97'
BrBsmt10.66' x 10.66'
Hamilton Market Statistics
Hamilton Price Trend
483 Cannon St E is a 3-bedroom 3-bathroom home listed for sale at $589,000, which is $171,016 (22.5%) lower than the average sold price of $760,016 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $30,648 (3.9%) compared to the previous 30 day period (October 3 - November 1) and down $1,804 (0.2%) from the same time one year ago.
Inventory Change
There were 300 3-bedroom homes listed in Hamilton over the last 30 days (November 2 - December 1), which is down 9.4% compared with the previous 30 day period (October 3 - November 1) and up 20.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($17,607) (2.3%) below asking price over the last 30 days (November 2 - December 1), which represents a $927 decrease compared to the previous 30 day period (October 3 - November 1) and ($22,595) 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 2 - December 1) stood at 81.3%, up from 58.9% over the previous 30 days (October 3 - November 1) and up from 55.4% 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 32 days when successfully sold over the last 30 days (November 2 - December 1), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Save Max Real Estate Inc.
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