485 56 Highway

Binbrook, Hamilton, L0R 1P0
FOR SALE
$1,199,000
485 56 Highway, Hamilton
485 56 Highway
485 56 Highway
485 56 Highway
485 56 Highway
485 56 Highway
485 56 Highway
485 56 Highway
485 56 Highway
485 56 Highway
485 56 Highway
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485 56 Highway
485 56 Highway
485 56 Highway
485 56 Highway
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485 56 Highway
485 56 Highway
485 56 Highway
485 56 Highway
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485 56 Highway
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485 56 Highway
485 56 Highway
485 56 Highway
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X11942635
MLSID
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Property Description
Country property minutes from the city! Sprawling brick ranch with triple car garage perched on massive 200x216 foot lot. Falls within A1 zoning. Loaded with quality finishes and upgrades making this the ultimate turn-key home. Large principal rooms including bright living space with fireplace, updated kitchen with granite countertops, and three well proportioned bedrooms on the main level. Finished lower level boasts two separate entrances easily facilitating in-law suite. Wide open, private backyard with endless potential and no rear neighbors. Lots of room for side outbuilding with separate driveway. Wrap around driveway and set back from the road. Other features include triple pain windows, updated roof, furnace and ac and city water! Minutes to all amenities and arterial infrastructure.
Property Features
Golf, Grnbelt/Conserv, Library, School
Property Details
Community
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
1100-1500
Lot Size
200' x 216'
Acreage
.50-1.99
Fronting
East
Taxes
$5,600 (2024)
Basement
Part Fin, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.99' x 15.75'
DiningMain8.99' x 10.01'
KitchenMain10.01' x 13.16'
Prim BdrmMain12.76' x 13.48'
BrMain8.99' x 14.76'
BrMain11.32' x 10.01'
RecBsmt14.83' x 19.75'
GamesBsmt21.00' x 12.99'
Hamilton Market Statistics
Hamilton Price Trend
485 56 Highway is a 3-bedroom 2-bathroom home listed for sale at $1,199,000, which is $426,358 (55.2%) higher than the average sold price of $772,642 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $16,553 (2.1%) compared to the previous 30 day period (November 19 - December 18) and up $7,282 (1.0%) from the same time one year ago.
Inventory Change
There were 152 3-bedroom homes listed in Hamilton over the last 30 days (December 19 - January 17), which is down 25.5% compared with the previous 30 day period (November 19 - December 18) and up 60.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,596) (2.5%) below asking price over the last 30 days (December 19 - January 17), which represents a $3,694 increase compared to the previous 30 day period (November 19 - December 18) and ($32,665) 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 (December 19 - January 17) stood at 105.9%, up from 93.1% over the previous 30 days (November 19 - December 18) and down from 127.4% 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 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 83 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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