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Property Description
Exceptionally Stunning Bungalow ,Situated in a welcoming in Hamilton Mountain's Hill Park Neighborhood, easy access to local amenities , Transports,Schools,Parks, and the Groceries stores. Two Kitchens With Granite Countertops And Ceramic Backsplashes, High-End Hardwood Floors, Lot of windows,This Well maintained home presents a unique opportunity for both,Investor and prospective homeowners. Currently rented to reliable Tenants, if New owner want to assume the Existing Tenant.This property has potential income for the investors.
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Extras
In Addition to its prime location and high rental demand, this property is close to Mohawk college,Juranvinski Hospital,Saint Joseph Hospital, Limeridge malland the Highway
Property Features
Fenced Yard
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
50' x 100'
Acreage
< .50
Fronting
East
Taxes
$4,165 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Carport
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.73' x 11.15' | Hardwood Floor, Bay Window, Moulded Ceiling |
| Dining | Main | 6.73' x 11.38' | Ceramic Floor, Breakfast Bar, Large Window |
| Prim Bdrm | Main | 10.89' x 10.04' | Hardwood Floor, Large Window, Closet |
| 2nd Br | Main | 9.28' x 11.38' | Hardwood Floor, Large Window, Closet |
| 3rd Br | Main | 10.89' x 9.65' | Hardwood Floor, Large Window, Closet |
| Kitchen | Main | 8.53' x 11.38' | Double Sink, Granite Counter, Ceramic Back Splash |
| Living | Bsmt | 16.77' x 10.60' | Vinyl Floor, Gas Fireplace, Window |
| Kitchen | Bsmt | 15.03' x 11.09' | Vinyl Floor, Pantry, Window |
| 4th Br | Bsmt | 16.77' x 10.76' | Vinyl Floor, Window, Closet |
| Laundry | Bsmt | 13.48' x 11.68' | Laundry Sink, Window |
| Cold/Cant | Bsmt | 4.00' x 3.97' | B/I Shelves, Window, Unfinished |
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Hamilton Market Statistics
Hamilton Price Trend
524 East 16th St E is a 3-bedroom 2-bathroom home listed for sale at $750,000, which is $35,607 (4.5%) lower than the average sold price of $785,607 in the last 30 days (October 14 - November 12). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $68,467 (8.0%) compared to the previous 30 day period (September 14 - October 13) and up $29,707 (3.9%) from the same time one year ago.Inventory Change
There were 283 3-bedroom homes listed in Hamilton over the last 30 days (October 14 - November 12), which is down 23.3% compared with the previous 30 day period (September 14 - October 13) and up 3.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,358) (2.5%) below asking price over the last 30 days (October 14 - November 12), which represents a $5,445 decrease compared to the previous 30 day period (September 14 - October 13) and ($21,494) 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 homes in Hamilton over the last 30 days (October 14 - November 12) stood at 67.8%, up from 49.6% over the previous 30 days (September 14 - October 13) and up from 48.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 38 days when successfully sold over the last 30 days (October 14 - November 12), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Home Vision Real Estate Inc.
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