548 Mary St

FOR SALE
$399,900
548 Mary St, Hamilton
548 Mary St
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
X10440859
MLSID
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Property Description
ATTENTION INVESTORS & HANDYMEN!!! Looking for a great investment opportunity or a great value for a home you could call your own. This is the PERFECT opportunity, great location close to Bayfront Park, downtown and HWY access. The project is already started the home is down to the studs and awaits your vision. Want BIGGER and BETTER, potential immediate construction opportunity available. DO NOT MISS your INVESTMENT opportunity at a great price and in a great location, this does not come along every day!
Property Features
Park, Public Transit, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
< 700
Lot Size
32' x 148'
Acreage
< .50
Fronting
North
Taxes
$2,984 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Vinyl Siding, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.68' x 13.16'
KitchenMain11.25' x 12.50'
BrMain11.42' x 9.32'
BrMain11.52' x 8.76'
Hamilton Market Statistics
Hamilton Price Trend
548 Mary St is a 2-bedroom 2-bathroom home listed for sale at $399,900, which is $384,409 (49.0%) lower than the average sold price of $784,309 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 2 bedroom home in Hamilton increased by $142,152 (22.1%) compared to the previous 30 day period (October 22 - November 20) and up $120,464 (18.1%) from the same time one year ago.
Inventory Change
There were 40 2-bedroom homes listed in Hamilton over the last 30 days (November 21 - December 20), which is down 41.2% compared with the previous 30 day period (October 22 - November 20) and up 21.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($9,144) (1.2%) below asking price over the last 30 days (November 21 - December 20), which represents a $4,353 increase compared to the previous 30 day period (October 22 - November 20) and ($22,604) 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 (November 21 - December 20) stood at 82.5%, down from 102.9% over the previous 30 days (October 22 - November 20) and down from 130.3% 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 42 days when successfully sold over the last 30 days (November 21 - December 20), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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