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Property Description
Lovingly maintained 3+1 bedroom bungalow with an inground pool and in-law suite potential! This property presents a fantastic investment opportunity, featuring two kitchens, a separate basement entrance, a detached garage with potential for a secondary dwelling unit (Buyer to do due diligence), and a spacious double-wide driveway that accommodates up to four cars. Recent upgrades include a new roof (2022), boiler system (2022), washer/dryer and upstairs fridge (2023), along with a new pool pump and filter (2023) and 1 inch waterline to the property (2024). Ideally located for commuters, just a short drive to Red Hill and QEW.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
42' x 107'
Fronting
West
Taxes
$4,044 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Other
Heat Source
Other
Air Conditioning
Window Unit
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Carport
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 10.24' x 12.76' | |
Dining | Main | 9.15' x 8.43' | |
Living | Main | 12.01' x 15.85' | |
Br | Main | 9.58' x 10.60' | |
Br | Main | 11.25' x 11.15' | |
Br | Main | 11.09' x 10.83' | |
Rec | Bsmt | 15.91' x 26.51' | |
Br | Bsmt | 10.40' x 12.83' | |
Utility | Bsmt | 11.15' x 11.32' | |
Laundry | Bsmt | 7.74' x 18.01' |
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Hamilton Market Statistics
Hamilton Price Trend
543 Tate Ave is a 4-bedroom 2-bathroom home listed for sale at $619,900, which is $572,939 (48.0%) lower than the average sold price of $1,192,839 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $19,443 (1.7%) compared to the previous 30 day period (September 1 - September 30) and up $117,062 (10.9%) from the same time one year ago.Inventory Change
There were 181 4-bedroom homes listed in Hamilton over the last 30 days (October 1 - October 30), which is down 10.4% compared with the previous 30 day period (September 1 - September 30) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($36,569) (3.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $9,359 decrease compared to the previous 30 day period (September 1 - September 30) and ($30,636) less 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 4-bedroom homes in Hamilton over the last 30 days (October 1 - October 30) stood at 50.3%, up from 42.1% over the previous 30 days (September 1 - September 30) and up from 31.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Hamilton stood at 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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