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Property Description
Beautiful Detached House for Sale 3+2 Bedrooms with Rental Potential!This newly renovated detached house offers the perfect blend of comfort and investment opportunity. Featuring 3 spacious bedrooms on the main & second floor and an additional 2 bedrooms in the fully finished basement, this home has space for a growing family or can be used to generate rental income. The basement has a separate entrance, making it ideal for tenants or extended family.With 3 modern 4-piece bathrooms, there's no shortage of convenience for everyone in the household. Enjoy the large backyard deck, perfect for entertaining, barbecues, or just relaxing outdoors.Located in a prime location, this home is within walking distance to public transit, parks, grocery stores, restaurants, and schools, everything you need is right at your fingertips. Don't miss out on this fantastic opportunity to own a home with both living and income potential!
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Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
30' x 100'
Fronting
East
Taxes
$3,422 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| 2nd Br | 2nd | 9.84' x 9.84' | Laminate, Window, West View |
| 3rd Br | 2nd | 9.84' x 16.40' | Laminate, Closet, East View |
| Br | Main | 9.84' x 19.69' | Closet, Window, 4 Pc Ensuite |
| 4th Br | Bsmt | 9.84' x 16.40' | Laminate, Closet, Window |
| 5th Br | Bsmt | 9.84' x 16.40' | Laminate, Window, Closet |
| Living | Main | 9.84' x 16.40' | Large Window, Laminate, Combined W/Kitchen |
| Kitchen | Main | 9.84' x 13.12' | Eat-In Kitchen, Ceramic Floor, Window |
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Hamilton Market Statistics
Hamilton Price Trend
55 Allan Ave is a 3-bedroom 3-bathroom home listed for sale at $785,000, which is $27,851 (3.4%) lower than the average sold price of $812,851 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $46,402 (5.4%) compared to the previous 30 day period (September 1 - September 30) and up $29,067 (3.7%) from the same time one year ago.Inventory Change
There were 339 3-bedroom homes listed in Hamilton over the last 30 days (October 1 - October 30), which is down 9.1% compared with the previous 30 day period (September 1 - September 30) and up 20.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($15,432) (1.9%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,881 increase compared to the previous 30 day period (September 1 - September 30) and ($19,818) 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 (October 1 - October 30) stood at 53.7%, up from 37.0% over the previous 30 days (September 1 - September 30) and up from 45.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Hamilton stood at 30 days when successfully sold over the last 30 days (October 1 - October 30), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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