524 East 16th St E

FOR SALE
$799,000
524 East 16th St E, Hamilton
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
524 East 16th St E
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
11 + 1
ROOMS
X10406806
MLSID
Contact Us
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.
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
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
LivingMain18.73' x 11.15'Hardwood Floor, Bay Window, Moulded Ceiling
DiningMain6.73' x 11.38'Ceramic Floor, Breakfast Bar, Large Window
Prim BdrmMain10.89' x 10.04'Hardwood Floor, Large Window, Closet
2nd BrMain9.28' x 11.38'Hardwood Floor, Large Window, Closet
3rd BrMain10.89' x 9.65'Hardwood Floor, Large Window, Closet
KitchenMain8.53' x 11.38'Double Sink, Granite Counter, Ceramic Back Splash
LivingBsmt16.77' x 10.60'Vinyl Floor, Gas Fireplace, Window
KitchenBsmt15.03' x 11.09'Vinyl Floor, Pantry, Window
4th BrBsmt16.77' x 10.76'Vinyl Floor, Window, Closet
LaundryBsmt13.48' x 11.68'Laundry Sink, Window
Cold/CantBsmt4.00' x 3.97'B/I Shelves, Window, Unfinished
Hamilton Market Statistics
Hamilton Price Trend
524 East 16th St E is a 3-bedroom 2-bathroom home listed for sale at $799,000, which is $40,902 (5.4%) higher than the average sold price of $758,098 in the last 30 days (December 5 - January 3). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $4,101 (0.5%) compared to the previous 30 day period (November 5 - December 4) and down $20,772 (2.7%) from the same time one year ago.
Inventory Change
There were 100 3-bedroom homes listed in Hamilton over the last 30 days (December 5 - January 3), which is down 63.2% compared with the previous 30 day period (November 5 - December 4) and up 14.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($17,952) (2.4%) below asking price over the last 30 days (December 5 - January 3), which represents a $819 increase compared to the previous 30 day period (November 5 - December 4) and ($28,705) 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 (December 5 - January 3) stood at 170.0%, up from 91.5% over the previous 30 days (November 5 - December 4) and up from 129.9% 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 39 days when successfully sold over the last 30 days (December 5 - January 3), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Home Vision Real Estate Inc.
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