56 Cambridge Ave
Crown Point, Hamilton, L8H 1T6
FOR SALE
$519,000
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BEDROOMS2
BATHROOMS1
KITCHENS7
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Property Description
Welcome to 56 Cambridge Avenue, situated in the desirable and welcoming Crown Point neighborhood of Hamilton. This updated and inviting three-bedroom bungalow is nestled on a generous lot and features a finished basement. The contemporary kitchen boasts stylish white cabinetry, pristine white tiled flooring, and elegant quartz countertops. A newly constructed parking pad (2024) accommodates a large vehicle and leads to a fenced backyard. The open-concept design seamlessly connects the kitchen to the dining area and living spaces, enhanced by modern lighting fixtures and German-engineered vinyl flooring. A convenient secondary entrance grants easy access to the mudroom and laundry facilities. The main bathroom is tastefully designed, showcasing a spacious shower, a floating vanity, and contemporary finishes. Each of the three bedrooms is both comfortable and spacious, providing ample room for all family members. Additionally, there is a one-bedroom unit in the basement, ideal for families seeking mortgage assistance. This residence is conveniently located near various amenities, including schools, shops, hospitals, restaurants, cafes, public transit, and major highways. Please note that some of the photos are virtually staged.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-18 | 2024-10-22 | 96 | $515,000 | - | Terminated |
| 2024-05-23 | 2024-06-02 | 10 | $399,990 | $420,000 | Sold |
| 2024-05-23 | 2024-06-02 | 10 | $399,990 | $420,000 | Sold |
| 2024-05-02 | 2024-05-23 | 21 | $499,990 | - | Terminated |
| 2024-04-11 | 2024-05-02 | 21 | $559,900 | - | Terminated |
Property Features
Fenced Yard
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
25' x 100'
Fronting
South
Taxes
$2,310 (2024)
Basement
Finished, Full
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 8.99' x 21.00' | |
| Dining | Main | 8.01' x 8.99' | |
| Kitchen | Main | 8.99' x 10.99' | |
| Br | Main | 8.99' x 10.99' | |
| Br | Main | 8.01' x 8.99' | |
| Br | Main | 8.01' x 8.99' | |
| Mudroom | Main | 6.99' x 6.99' | |
| Kitchen | Bsmt | 4.00' x 6.99' | |
| Br | Bsmt | 4.00' x 12.01' |
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Hamilton Market Statistics
Hamilton Price Trend
56 Cambridge Ave is a 3-bedroom 2-bathroom home listed for sale at $519,000, which is $266,607 (33.9%) lower than the average sold price of $785,607 in the last 30 days (October 14 - November 12). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $68,467 (8.0%) compared to the previous 30 day period (September 14 - October 13) and up $29,707 (3.9%) from the same time one year ago.Inventory Change
There were 283 3-bedroom homes listed in Hamilton over the last 30 days (October 14 - November 12), which is down 23.3% compared with the previous 30 day period (September 14 - October 13) and up 3.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,358) (2.5%) below asking price over the last 30 days (October 14 - November 12), which represents a $5,445 decrease compared to the previous 30 day period (September 14 - October 13) and ($21,494) 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 14 - November 12) stood at 67.8%, up from 49.6% over the previous 30 days (September 14 - October 13) and up from 48.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 38 days when successfully sold over the last 30 days (October 14 - November 12), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Modern Solution Realty Inc.
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