495 #8 Highway 506
Stoney Creek, Hamilton, L8G 5E1
FOR SALE
$460,000
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Property Description
Welcome To The Renaissance Building In The Heart Of Of Stoney Creek Located At 495#8 Highway Apart 506 Features Nearly 1200 Sq Ft Of Spacious Living Area, 2 Bedrooms, 2 Bathrooms, And A Sunroom. Primary Bedroom Features Double Closet, 5 Piece Ensuite With Both A Jacuzzi And A Separate Stand Up Shower That Features A Modern Chrome Handle Turn Dial Faucet For The Shower And Second Bathroom As Well. New Brand Name Appliances In Graphite Grey Include Samsung Refrigerator, LG Dishwasher, GE Clothes Washer And GE Clothes Dryer. Warranty Forms For New Appliances Will Be Left For New Owner. Ready For Your Personal Touch, A Perfect Place To Call Home. Building Amenities Include Party Room, Game Room, Library, Sauna, Pool Table,And Gym. Close To Schools, Shopping, Parks, And Arenas And Conveniently Located Directly On A Transit Bus Line.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-08-26 | 2022-12-06 | 102 | $559,000 | $505,000 | Sold |
Extras
1 Parking spot and 1 Locker
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,686 (2024)
Basement
None
Exterior
Stucco/Plaster
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Flat | 10.76' x 15.91' | 5 Pc Ensuite |
| 2nd Br | Flat | 10.96' x 8.92' | |
| Sunroom | Flat | 8.50' x 8.89' | |
| Living | Flat | 11.78' x 26.28' | Combined W/Dining |
| Kitchen | Flat | 8.30' x 10.79' |
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Hamilton Market Statistics
Hamilton Price Trend
495 #8 Highway 506 is a 2-bedroom 2-bathroom condo listed for sale at $460,000, which is $80,678 (14.9%) lower than the average sold price of $540,678 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom condo in Hamilton declined by $101,614 (15.8%) compared to the previous 30 day period (July 22 - August 20) and down $32,086 (5.6%) from the same time one year ago.Inventory Change
There were 74 2-bedroom condos listed in Hamilton over the last 30 days (August 21 - September 19), which is up 27.6% compared with the previous 30 day period (July 22 - August 20) and up 76.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Hamilton typically sold ($9,326) (1.7%) below asking price over the last 30 days (August 21 - September 19), which represents a $6,567 increase compared to the previous 30 day period (July 22 - August 20) and ($8,731) 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 2-bedroom condos in Hamilton over the last 30 days (August 21 - September 19) stood at 43.2%, down from 67.2% over the previous 30 days (July 22 - August 20) and down from 47.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Hamilton stood at 49 days when successfully sold over the last 30 days (August 21 - September 19), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Romano Realty Ltd.
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