55 Balmoral Ave N
Crown Point, Hamilton, L8L 7R5
FOR SALE
$749,900
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Property Description
This modern brick home offers a blend of character and convenience in one of the citys most vibrant neighbourhoods. Just steps from Gage Park and Ottawa Street Norths eclectic shops and cafes, its perfect for investors, first-time buyers planning to rent out a basement unit, or condo owners ready to move up. The inviting east-facing covered porch welcomes you to this light-filled home. Inside, the main floor boasts an open-concept living room flowing into a modern eat-in kitchen with stylish finishes that preserve the homes original charm. A formal dining room and convenient powder room round out the main level, making it ideal for entertaining. Upstairs, youll find a full bathroom, two cozy bedrooms, and a spacious primary bedroom. The loft offers a versatile bonus space with the first of two laundry areas. The fully finished basement, with a separate entrance, provides endless possibilities. Equipped with a kitchen, full bathroom, ample storage, and a second laundry area, its perfect for an in-law suite, rental income, or an entertainment space. Step outside to a private, fenced yard thats a true low-maintenance oasis. Relax on the west-facing deck surrounded by mature trees while kids or pets enjoy the professionally installed artificial grass with a 20-year warranty. Recent updates include a new roof, gutters, fascia, and AC system in 2021, offering peace of mind and long-term value. Nestled in the "mid-city mellow" neighbourhood, known for its relaxed urban vibe and diverse mix of families, young professionals, and creatives, this home is ready for its next chapter.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-22 | 2025-01-08 | 139 | $749,900 | - | Terminated |
| 2024-08-22 | 2024-12-23 | 123 | $749,900 | - | Suspended |
| 2024-05-29 | 2024-07-17 | 49 | $765,000 | - | Terminated |
| 2019-06-21 | 2019-06-25 | 4 | $599,900 | $600,000 | Sold |
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
30' x 103'
Acreage
< .50
Fronting
West
Taxes
$3,940 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 9.51' x 8.86' | |
| Family | Main | 19.36' x 10.83' | |
| Kitchen | Main | 16.40' x 11.81' | |
| Dining | Main | 11.15' x 8.86' | |
| Prim Bdrm | 2nd | 9.51' x 17.72' | |
| Br | 2nd | 12.47' x 9.84' | |
| Br | 2nd | 12.47' x 9.84' | |
| Kitchen | 3rd | 16.73' x 9.51' | |
| Kitchen | Bsmt | 16.73' x 9.51' | |
| Living | Bsmt | 18.70' x 13.45' | |
| Laundry | Bsmt | 12.47' x 5.25' |
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Hamilton Market Statistics
Hamilton Price Trend
55 Balmoral Ave N is a 3-bedroom 3-bathroom home listed for sale at $749,900, which is $14,224 (1.9%) lower than the average sold price of $764,124 in the last 30 days (December 11 - January 9). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $11,150 (1.5%) compared to the previous 30 day period (November 11 - December 10) and down $11,876 (1.5%) from the same time one year ago.Inventory Change
There were 115 3-bedroom homes listed in Hamilton over the last 30 days (December 11 - January 9), which is down 58.8% compared with the previous 30 day period (November 11 - December 10) and up 40.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($18,246) (2.4%) below asking price over the last 30 days (December 11 - January 9), which represents a $1,084 increase compared to the previous 30 day period (November 11 - December 10) and ($30,243) 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 (December 11 - January 9) stood at 153.9%, up from 85.7% over the previous 30 days (November 11 - December 10) and up from 147.6% 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 42 days when successfully sold over the last 30 days (December 11 - January 9), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage State Realty
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