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Property Description
This beautifully upgraded 3+1 bedroom home in Hamilton offers a massive kitchen and living area, perfect for entertaining or family gatherings. This corner lot townhouse includes upgraded countertops, new backsplash, accent wall in dining, upgraded light fixtures, EV charger and freshly painted! Located close to highways, shopping centers, and more, this home is a fantastic opportunity for first-time buyers or multi-family living. Don't miss out!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-03 | 2024-10-23 | 50 | $2,950 | - | Terminated |
2024-09-17 | 2024-10-23 | 36 | $799,999 | - | Terminated |
2024-08-09 | 2024-09-16 | 38 | $819,000 | - | Terminated |
2024-08-09 | 2024-08-19 | 10 | $3,100 | - | Terminated |
2023-05-26 | 2023-06-03 | 8 | $789,900 | $775,000 | Sold |
2023-05-11 | 2023-05-26 | 15 | $749,900 | - | Terminated |
2023-03-08 | 2023-05-10 | 63 | $829,900 | - | Terminated |
2023-02-02 | 2023-03-08 | 34 | $839,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
34' x 78'
Fronting
West
Taxes
$5,738 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
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Hamilton Market Statistics
Hamilton Price Trend
5 Rapids Lane is a 3-bedroom 3-bathroom townhome listed for sale at $799,999, which is $105,371 (15.2%) higher than the average sold price of $694,628 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom townhome in Hamilton increased by $15,832 (2.3%) compared to the previous 30 day period (September 1 - September 30) and up $53,277 (8.3%) from the same time one year ago.Inventory Change
There were 142 3-bedroom townhomes listed in Hamilton over the last 30 days (October 1 - October 30), which is down 3.4% compared with the previous 30 day period (September 1 - September 30) and down 2.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Hamilton typically sold ($14,706) (2.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $1,581 increase compared to the previous 30 day period (September 1 - September 30) and ($15,681) 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 townhomes in Hamilton over the last 30 days (October 1 - October 30) stood at 51.4%, up from 44.9% over the previous 30 days (September 1 - September 30) and up from 34.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Hamilton stood at 35 days when successfully sold over the last 30 days (October 1 - October 30), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Realty One Group Flagship
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