50 Toby Cres

FOR SALE
$779,900
50 Toby Cres, Hamilton
50 Toby Cres
50 Toby Cres
50 Toby Cres
50 Toby Cres
50 Toby Cres
50 Toby Cres
50 Toby Cres
50 Toby Cres
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4 + 3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5
ROOMS
X7341470
MLSID
Contact Us
Property Description
Hamilton Mountain Legal 2-family home is a great investment opportunity that generates positive cash flow. The property has great tenants who are willing to stay and are currently on a month-to-month lease. The house has 4 bedrooms upstairs and 3 bedrooms downstairs, with 2 kitchens and 2 full bathrooms. Each unit has in-suite stacked laundry. The double-wide driveway can accommodate up to 4 cars, and the large backyard provides ample space for both tenants to enjoy. The location is excellent, with easy access to the Red Hill Valley Expressway and close proximity to the Mountain Brow. The property is also within walking distance of a community park and the Huntington Park Recreation Center. Fully rented, and this home is being rented out as a rooming house.
Property Features
Fenced Yard, Library, Park, Public Transit, Rec Centre, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
50' x 100'
Acreage
< .50
Fronting
East
Taxes
$4,550 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Detached
Hamilton Market Statistics
Hamilton Price Trend
50 Toby Cres is a 4-bedroom 2-bathroom home listed for sale at $779,900, which is $405,636 (34.2%) lower than the average sold price of $1,185,536 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $86,107 (7.8%) compared to the previous 30 day period (February 27 - March 27) and up $58,622 (5.2%) from the same time one year ago.
Inventory Change
There were 192 4-bedroom homes listed in Hamilton over the last 30 days (March 28 - April 26), which is up 9.1% compared with the previous 30 day period (February 27 - March 27) and up 30.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($30,452) (2.6%) below asking price over the last 30 days (March 28 - April 26), which represents a $9,348 decrease compared to the previous 30 day period (February 27 - March 27) and ($15,262) 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 4-bedroom homes in Hamilton over the last 30 days (March 28 - April 26) stood at 64.1%, up from 50.6% over the previous 30 days (February 27 - March 27) and down from 66.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Hamilton stood at 20 days when successfully sold over the last 30 days (March 28 - April 26), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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