56 Colbourne St
Strathcona, Hamilton, L8R 2G5
FOR SALE
$719,000
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Property Description
This spectacular all-brick home offers modern flair and heritage charm on all four finished levels! Lovingly renovated from top to bottom, this home is absolutely immaculate. The soaring 9' ceilings and large windows give the home a bright and modern feel, complementing the gorgeous 3/4" Brazilian Jatoba solid hardwood floors (2018) on the main and second levels. The main floor offers an airy and spacious entry foyer, front living room with fireplace insert, a large dining room, a modern kitchen and coveted main floor powder room. The second floor is comprised of a 4-piece bathroom, second floor laundry facility, and three bedrooms, including a generously-sized primary bedroom with walk-in closet. The attic on the third level benefits from two skylights and makes a great office, den, or reading room! The basement is made up of two parts: 1/3 is a large storage room and the rest is nicely finished. While the basement has reduced headroom, it is well-equipped with a 3-piece bathroom, a small kitchenette, and a separate walkout to the backyard, and is usable as a gym, tv lounge, play room, etc. The back and front yards are compact and hardscaped, making for easy maintenance! There are too many updates to fully list, but they include all new electrical (2018), all new plumbing (2018), new roof flashing, eaves, soffits (2022), New shingles on south roof (2022), all new windows on main, second, third levels (2021-2022), new owned tankless water heater (2023), and a new central A/C unit to be installed prior to closing! While there is no driveway, special permit-only parking is available right outside the front door. Located only a short walk to James St North, Bayfront Park, and the West Harbour GO Station, this fabulous home offers the very best of low-maintenance, stylish, urban living in a prime location! This beautiful home is truly a special opportunity! (This home is vacant and most photos have been virtually staged - your furniture will look better anyway!)
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Property Features
Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
21' x 61'
Fronting
North
Taxes
$3,603 (2024)
Basement
Full, Part Fin
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.42' x 12.07' | Fireplace Insert |
| Kitchen | Main | 11.84' x 13.58' | B/I Microwave, B/I Oven, B/I Ctr-Top Stove |
| Dining | Main | 11.58' x 14.67' | |
| Bathroom | Main | 2.59' x 4.82' | 2 Pc Bath |
| Prim Bdrm | 2nd | 10.40' x 14.24' | W/I Closet |
| 2nd Br | 2nd | 10.99' x 11.25' | |
| 3rd Br | 2nd | 7.41' x 11.68' | |
| Bathroom | 2nd | 5.35' x 8.92' | 4 Pc Bath |
| Loft | 3rd | 11.84' x 17.75' | Skylight |
| Rec | Bsmt | 10.76' x 23.92' | W/O To Patio, Stainless Steel Sink |
| Other | Bsmt | 5.15' x 24.41' | |
| Bathroom | Bsmt | 4.49' x 10.24' | 3 Pc Bath |
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Hamilton Market Statistics
Hamilton Price Trend
56 Colbourne St is a 3-bedroom 3-bathroom home listed for sale at $719,000, which is $84,584 (10.5%) lower than the average sold price of $803,584 in the last 30 days (October 2 - October 31). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $49,429 (5.8%) compared to the previous 30 day period (September 2 - October 1) and up $25,103 (3.2%) from the same time one year ago.Inventory Change
There were 347 3-bedroom homes listed in Hamilton over the last 30 days (October 2 - October 31), which is down 8.4% compared with the previous 30 day period (September 2 - October 1) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($16,050) (2.0%) below asking price over the last 30 days (October 2 - October 31), which represents a $1,444 increase compared to the previous 30 day period (September 2 - October 1) and ($20,416) 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 2 - October 31) stood at 55.0%, up from 38.5% over the previous 30 days (September 2 - October 1) and up from 46.6% 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 30 days when successfully sold over the last 30 days (October 2 - October 31), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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