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Property Description
Discover the potential of this exceptional property, ideally situated for those looking to build their dream home or enhance density with a multi-residential development. This expansive lot offers a prime location just a short stroll from Pier 8 Marina, the vibrant James North shops, and an array of dining options. The West Harbor GO station is also conveniently nearby, making it perfect for commuters seeking an urban lifestyle.Families will appreciate the proximity to local parks, a recreational center, and schools, all within easy reach. The current property, which is tenanted on a month-to-month basis, is in need of repairs but presents a significant opportunity for investment and development. Dont miss this chance to capitalize on a prime piece of real estate with abundant potential. Being sold "as is, where is".
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-20 | 2023-10-06 | 16 | $460,000 | - | Terminated |
| 2023-06-02 | 2023-09-01 | 92 | $465,000 | - | Expired |
| 2023-05-09 | 2023-06-02 | 24 | $495,000 | - | Terminated |
| 2023-04-19 | 2023-05-09 | 20 | $515,000 | - | Terminated |
| 2023-04-11 | 2023-04-20 | 9 | $399,900 | - | Terminated |
| 2021-05-05 | 2021-06-14 | 40 | $425,000 | $380,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
23' x 161'
Fronting
East
Taxes
$2,985 (2023)
Basement
Full, Unfinished
Exterior
Alum Siding, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.60' x 16.40' | |
| Br | Main | 7.68' x 7.41' | |
| Prim Bdrm | Main | 7.35' x 14.07' | |
| Kitchen | Main | 6.50' x 13.48' |
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Hamilton Market Statistics
Hamilton Price Trend
510 John St N is a 2-bedroom 1-bathroom home listed for sale at $419,000, which is $219,417 (34.4%) lower than the average sold price of $638,417 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $37,184 (5.5%) compared to the previous 30 day period (September 21 - October 20) and down $73,444 (10.3%) from the same time one year ago.Inventory Change
There were 68 2-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is down 12.8% compared with the previous 30 day period (September 21 - October 20) and down 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($12,806) (2.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,133 increase compared to the previous 30 day period (September 21 - October 20) and ($20,925) 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 2-bedroom homes in Hamilton over the last 30 days (October 21 - November 19) stood at 98.5%, up from 57.7% over the previous 30 days (September 21 - October 20) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Hamilton stood at 38 days when successfully sold over the last 30 days (October 21 - November 19), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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