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Property Description
Welcome to 537 Ferguson Ave North, a charming 2-family dwelling ideally located close to Pier 4, the Go Station, and vibrant James North. This versatile property offers a rare opportunity for investors or those seeking a home with income potential. Enjoy the convenience of urban living with nearby parks, transit, and trendy shops and eateries. Fantastic investment in one of Hamilton's most sought-after neighborhoods!
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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 is a 2-bedroom 2-bathroom home listed for sale at $549,990, which is $65,381 (10.6%) lower than the average sold price of $615,371 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $75,325 (10.9%) compared to the previous 30 day period (September 15 - October 14) and down $97,098 (13.6%) from the same time one year ago.Inventory Change
There were 46 2-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is down 41.8% compared with the previous 30 day period (September 15 - October 14) and down 37.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($12,691) (2.1%) below asking price over the last 30 days (October 15 - November 13), which represents a $6,576 increase compared to the previous 30 day period (September 15 - October 14) and ($21,878) 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 15 - November 13) stood at 102.2%, up from 74.7% over the previous 30 days (September 15 - October 14) and up from 48.6% 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 (October 15 - November 13), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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