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BEDROOMS2
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KITCHENS6
ROOMSX11605709
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Property Description
Power of Sale**A Contractor's Dream!**Great Bones**Already In It's Frame State**Ready To Renovate**Large Back Lane Driveway**Downtown Core**Property and Contents Being Sold As Is Where Is**Buyer and Buyer Agent Verify All Measurements**LA Relates to Seller**Motivated Seller**All Reasonable Offers Will Be Considered**Seller Willing to Take Back Mortgage at 7.99% with 15% down**Don't Miss Out On This Is The Perfect Opportunity To Create Something New!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-06-09 | 2021-06-15 | 6 | $398,000 | $450,588 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
24' x 100'
Fronting
South
Taxes
$2,375 (2024)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.66' x 12.76' | |
Dining | Main | 9.51' x 10.93' | |
Kitchen | Main | 8.99' x 10.93' | |
Br | 2nd | 6.56' x 13.85' | |
2nd Br | 2nd | 9.84' x 12.60' | |
3rd Br | 2nd | 3.28' x 10.33' | |
Other | 3rd | 19.03' x 24.18' | |
Rec | Bsmt | 11.84' x 12.01' | |
Laundry | Bsmt | 8.01' x 8.43' |
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Hamilton Market Statistics
Hamilton Price Trend
558 Cannon St E is a 4-bedroom 2-bathroom home listed for sale at $299,000, which is $675,349 (69.3%) 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 2-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 Right At Home Realty
Similar Listings
Attention investors for renovation or rebuild. Lot size 25x100. One street from popular Ottawa Street shopping area. Public parking across the street. Close to public transit and highway access.
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