495 Highway 8 510
Stoney Creek, Hamilton, L8G 5E1
FOR SALE
$524,990

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BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSX11990657
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Property Description
Welcome to this spacious 2 bed, 2 bathroom condo at The Renaissance in Stoney Creek with stunning north-facing views of Lake Ontario and the Toronto skyline. Large windows provide picturesque views and abundant natural light. Primary bedroom includes a 4-piece ensuite bathroom, and two closets. Through the French doors, enjoy the sunroom, perfect for relaxation or to use as a den/office. Amenities include a party room, library, workshop, shuffleboard/billiards room, squash court, gym, change rooms, and saunas. This unit includes an underground parking spot, a locker for extra storage, and condo fees that cover all utilities for a worry-free lifestyle. Easy access to shopping, trails, public transit, highways and more!
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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
Underground
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Hamilton Market Statistics
Hamilton Price Trend
495 Highway 8 510 is a 2-bedroom 2-bathroom condo listed for sale at $524,990, which is $50,971 (10.8%) higher than the average sold price of $474,019 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Hamilton declined by $95,071 (16.7%) compared to the previous 30 day period (December 22 - January 20) and up $162,583 (52.2%) from the same time one year ago.Inventory Change
There were 55 2-bedroom condos listed in Hamilton over the last 30 days (January 21 - February 19), which is up 66.7% compared with the previous 30 day period (December 22 - January 20) and up 129.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Hamilton typically sold ($17,432) (3.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,738 increase compared to the previous 30 day period (December 22 - January 20) and ($8,291) 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 (January 21 - February 19) stood at 34.5%, up from 33.3% over the previous 30 days (December 22 - January 20) and down from 150.0% 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 45 days when successfully sold over the last 30 days (January 21 - February 19), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Edge Realty
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