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Property Description
Welcome to 56 West 1st Street, a classic corner property that has been lovingly owned by the same family since 1959. This well-maintained 1.5 storey home is full of character and located in a highly desirable area of Hamilton. The home features a spacious oversized front porch, perfect for relaxing or entertaining. Inside, you'll find a newly renovated bathroom that is modern and stylish. The property also boasts a newer roof, ensuring long-lasting durability. As a corner lot, this home offers added privacy and space, and includes a convenient side entrance, making it ideal for creating an in-law suite or separate living space. Located close to shopping centers, hospitals, and Mohawk College, this home provides easy access to all essential amenities. Commuters will appreciate the quick and convenient access to major highways. This charming home is a fantastic opportunity for first-time buyers, young families, or anyone looking for versatility and comfort in a vibrant neighborhood. Don't miss your chance to own this Hamilton gem.
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
48' x 106'
Acreage
< .50
Fronting
West
Taxes
$3,801 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Bsmt | 22.51' x 22.51' | |
| Other | Bsmt | 4.33' x 7.25' | |
| Dining | Main | 8.43' x 10.24' | |
| Kitchen | Main | 10.17' x 11.91' | |
| Bathroom | Main | 8.60' x 6.76' | 3 Pc Bath |
| Br | Main | 10.83' x 10.24' | |
| Living | Main | 16.67' x 11.91' | |
| Br | 2nd | 15.68' x 11.09' | |
| Br | 2nd | 9.84' x 11.09' | |
| Office | 2nd | 6.43' x 5.15' |
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Hamilton Market Statistics
Hamilton Price Trend
56 WEST 1ST St is a 3-bedroom 2-bathroom home listed for sale at $759,900, which is $13,101 (1.8%) higher than the average sold price of $746,799 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $87,851 (10.5%) compared to the previous 30 day period (September 21 - October 20) and down $30,098 (3.9%) from the same time one year ago.Inventory Change
There were 331 3-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is down 1.5% compared with the previous 30 day period (September 21 - October 20) and up 35.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($17,171) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,303 decrease compared to the previous 30 day period (September 21 - October 20) and ($23,304) 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 21 - November 19) stood at 81.6%, up from 49.4% over the previous 30 days (September 21 - October 20) and up from 54.3% 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 33 days when successfully sold over the last 30 days (October 21 - November 19), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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