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6 + 1
BEDROOMS5
BATHROOMS2 + 1
KITCHENS14 + 3
ROOMSX8227940
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Property Description
Totally updated inside out detached Solid Victorian Architecture home with TWO units of 3 Bed and 2 washroom EACH with high end kitchens with waterfall quartz counters and high end cabinetry for both units. The ground floor has one 3 bed unit and the second and third floor comprise the second 3 bed unit. The extra in-law basement suite with separate entry features 1 bed 1 washroom. All brand new services like electrical, plumbing, HVAC, instant water heater. Potlights in every room, high ceilings, luxury finishes. Brand new windows , doors, gutters, soffits, exterior paint and cladding. Luxury Vinyl flooring in the entire house. Over head storage above all built in closets. Upgraded 200amp electric panel. Light filled rooms with huge windows. 10 car parking on a huge lot steps from the harbor. Backyard features a bbq /fire pit party place.
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Extras
Nothing to do. Just move in an ENJOY!!!!! All interior furniture and art work and staging can be included for the right price. EV Charger can be provided too.
Property Features
Arts Centre, Hospital, Marina, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
52' x 132'
Acreage
< .50
Fronting
East
Taxes
$3,734 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Available
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Great Rm | Ground | 11.48' x 16.37' | Open Concept, Large Window, Pot Lights |
Kitchen | Ground | 10.60' x 12.27' | B/I Appliances, Modern Kitchen, Quartz Counter |
Br | Ground | 11.58' x 13.06' | Bay Window, Pot Lights, Vinyl Floor |
2nd Br | Ground | 9.81' x 14.73' | Large Window, Pot Lights, 3 Pc Ensuite |
3rd Br | Ground | 7.84' x 9.84' | Large Window, Vinyl Floor, Pot Lights |
Great Rm | 2nd | 11.58' x 12.83' | Open Concept, Bay Window, Pot Lights |
Kitchen | 2nd | 15.68' x 16.34' | Modern Kitchen, B/I Appliances, Quartz Counter |
Br | 2nd | 10.20' x 12.57' | Large Window, Vinyl Floor, Pot Lights |
2nd Br | 2nd | 9.81' x 11.91' | B/I Closet, Pot Lights, Large Window |
3rd Br | 3rd | 1,797.90' x 18.77' | 3 Pc Ensuite, Overlook Water, Pot Lights |
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Hamilton Market Statistics
Hamilton Price Trend
582 Wentworth Street St is a 6-bedroom 5-bathroom home listed for sale at $699,900, which is $385,675 (35.5%) lower than the average sold price of $1,085,575 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 6 bedroom home in Hamilton declined by $473,996 (30.4%) compared to the previous 30 day period (February 29 - March 29) and up $485,625 (80.9%) from the same time one year ago.Inventory Change
There were 8 6-bedroom homes listed in Hamilton over the last 30 days (March 30 - April 28), which is down 42.9% compared with the previous 30 day period (February 29 - March 29) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold ($38,618) (3.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $15,510 increase compared to the previous 30 day period (February 29 - March 29) and ($9,950) less 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 6-bedroom homes in Hamilton over the last 30 days (March 30 - April 28) stood at 50.0%, down from 50.0% over the previous 30 days (February 29 - March 29) and up from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 5-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (March 30 - April 28), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with The Canadian Home Realty Inc.
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Welcome to this meticulously maintained 4-unit property offering exceptional investment potential. With gross rental income of over $51k/year, income has increased while expenses have been reduced from the previous years. Each unit boasts comfortable living with 3 - 1 bedroom apartments and 1-2bedroom unit. Enjoy this turn-key and hassle-free investment with great tenants that are currently paying market rents providing a cash flow positive investment. Many recent updates including a new roof and fence in 2018, interior waterproofing, new concrete walkway, many windows replaced/repaired, plumbing updates, some new doors, tree trimming etc. Please see attachments for a complete list of recent updates. With extensive maintenance completed and tenants in good standing, this property offers a turnkey investment opportunity for savvy investors seeking long-term cashflow and appreciation. Potential upside on interior cosmetic updates. Financials attached. Offers welcome any time!
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