555 UPPER SHERMAN Ave

Raleigh, Hamilton, L8V 3L9
FOR SALE
$649,900
555 UPPER SHERMAN Ave, Hamilton
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
555 UPPER SHERMAN Ave
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4
BEDROOMS
1
BATHROOMS
1
KITCHENS
8
ROOMS
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Property Description
Amazing opportunity for home buyers and investors! Renovated, four bedroom beautiful detached property in a key central Hamilton Mountain location. High and clean unfinished basement that can be used the way it is, or finished for your own use, or as a rental unit. As a bonus this property is zoned for a four-plex, with the potential to add more parking spaces in the front and back yards if you ever desire. The main waterline has already been replaced with a 1-inch copper line for your added convenience. Also for your convenience, the second storey of the house includes approximately 230 sqft of extra storage space. Amenities included: This property has Juravinski Hospital known for its excellencedown the road on a walking distance from it. Nine schools and four parks are within its vicinity. The closest bus stop is a one-minute walk. Both the fire and police stations are approximately within 3km. Terrific post-secondary institutes such as Mohawk College known in particular for its trades programs and the prestigious Mcmaster University are only a few minutes drive away. The Hamilton Go Centre Station with trains and buses running back and forth from Hamilton to Toronto at regular intervals is only 3km away from the property. Come see the potential for yourself, you'll love it!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-22 2024-12-02 10 $649,900 - Terminated
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
42' x 99'
Acreage
< .50
Fronting
West
Taxes
$3,916 (2024)
Basement
Full, Unfinished
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain9.25' x 12.93'
BrMain11.09' x 10.01'
BathroomMain7.68' x 6.43'4 Pc Bath
KitchenMain9.42' x 14.76'
LivingMain10.83' x 19.42'Combined W/Dining, Fireplace
Br2nd11.84' x 13.91'W/I Closet
Br2nd11.58' x 12.93'W/I Closet
FoyerMain5.68' x 3.41'
Hamilton Market Statistics
Hamilton Price Trend
555 UPPER SHERMAN Ave is a 4-bedroom 1-bathroom home listed for sale at $649,900, which is $324,449 (33.3%) lower than the average sold price of $974,349 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $203,432 (17.3%) compared to the previous 30 day period (October 4 - November 2) and down $17,999 (1.8%) from the same time one year ago.
Inventory Change
There were 153 4-bedroom homes listed in Hamilton over the last 30 days (November 3 - December 2), which is down 15.5% compared with the previous 30 day period (October 4 - November 2) and up 9.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($19,689) (2.0%) below asking price over the last 30 days (November 3 - December 2), which represents a $18,185 increase compared to the previous 30 day period (October 4 - November 2) and ($22,448) 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 4-bedroom homes in Hamilton over the last 30 days (November 3 - December 2) stood at 56.9%, up from 48.6% over the previous 30 days (October 4 - November 2) and up from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Hamilton stood at 33 days when successfully sold over the last 30 days (November 3 - December 2), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Complete Realty
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