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Property Description
Welcome to 587 Waterloo st. Excellent home for downsizers, first time buyers, or investors. Close to All Amenities including Schools, Parks, Shopping, Public Transit, Confederation Park, and Easy Access to QEW.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
30' x 105'
Fronting
West
Taxes
$1,057 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
587 Waterloo St is a 2-bedroom 1-bathroom home listed for sale at $505,000, which is $133,417 (20.9%) lower than the average sold price of $638,417 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $37,184 (5.5%) compared to the previous 30 day period (September 21 - October 20) and down $73,444 (10.3%) from the same time one year ago.Inventory Change
There were 68 2-bedroom homes listed in Hamilton over the last 30 days (October 21 - November 19), which is down 12.8% compared with the previous 30 day period (September 21 - October 20) and down 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($12,806) (2.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,133 increase compared to the previous 30 day period (September 21 - October 20) and ($20,925) 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 2-bedroom homes in Hamilton over the last 30 days (October 21 - November 19) stood at 98.5%, up from 57.7% over the previous 30 days (September 21 - October 20) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Hamilton stood at 38 days when successfully sold over the last 30 days (October 21 - November 19), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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