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Property Description
Located at 537 Ferguson Avenue North in Hamilton's North End, this charming 1.5-storey detached home is ideally positioned just a few blocks from the waterfront. It offers both convenience and versatility with an in-law suite, making it an attractive option for families or investors seeking rental potential. The home features a well-thought-out layout. The main floor includes a comfortable living room, a functional kitchen, a bathroom, and one bedroom. Upstairs, the second level boasts a spacious bedroom, offering a private retreat. The finished basement is a highlight, housing the in-law suite complete with its own kitchen, living area, and bathroom, perfect for extended family living or rental income. The location is one of the property's strongest features. Situated close to the vibrant downtown area, residents can enjoy the eclectic James North district, known for its trendy shops, restaurants, and cultural attractions. The waterfront, including Pier 4 Park, is just a short walk away, offering scenic views and outdoor activities. The Hamilton GO Station is also nearby, ensuring easy commutes and accessibility to surrounding areas. With its strategic location, functional layout, and the added benefit of an in-law suite, 537 Ferguson Avenue North represents a fantastic opportunity in Hamiltons real estate market. Its an excellent choice for those looking to settle in a vibrant community or invest in a property with rental potential
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Property Details
Street
Community
City
Property Type
Duplex, 1 1/2 Storey
Lot Size
28' x 99'
Acreage
< .50
Fronting
West
Taxes
$3,047 (2024)
Basement
Apartment, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.33' x 19.00' | |
| Kitchen | Main | 10.99' x 8.92' | |
| Br | Main | 8.43' x 9.25' | |
| Br | 2nd | 11.58' x 27.43' | |
| Kitchen | Bsmt | 25.00' x 8.99' | Combined W/Dining |
| Living | Bsmt | 9.32' x 27.76' |
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Hamilton Market Statistics
Hamilton Price Trend
537 Ferguson Ave N is a 2-bedroom 2-bathroom home listed for sale at $549,900, which is $95,553 (14.8%) lower than the average sold price of $645,453 in the last 30 days (December 9 - January 7). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $32,050 (4.7%) compared to the previous 30 day period (November 9 - December 8) and down $26,797 (4.0%) from the same time one year ago.Inventory Change
There were 19 2-bedroom homes listed in Hamilton over the last 30 days (December 9 - January 7), which is down 70.8% compared with the previous 30 day period (November 9 - December 8) and up 58.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($6,745) (1.0%) below asking price over the last 30 days (December 9 - January 7), which represents a $6,244 increase compared to the previous 30 day period (November 9 - December 8) and ($23,197) 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 (December 9 - January 7) stood at 215.8%, up from 87.7% over the previous 30 days (November 9 - December 8) and up from 183.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Hamilton stood at 40 days when successfully sold over the last 30 days (December 9 - January 7), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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