587 Waterloo St

Parkview, Hamilton, L8H 6V6
FOR SALE
$525,000
587 Waterloo St, Hamilton
587 Waterloo St
587 Waterloo St
587 Waterloo St
587 Waterloo St
587 Waterloo St
587 Waterloo St
587 Waterloo St
587 Waterloo St
587 Waterloo St
587 Waterloo St
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X9394088
MLSID
Contact Us
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.
Property Details
Community
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
Hamilton Market Statistics
Hamilton Price Trend
587 Waterloo St is a 2-bedroom 1-bathroom home listed for sale at $525,000, which is $136,986 (20.7%) lower than the average sold price of $661,986 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $71,974 (9.8%) compared to the previous 30 day period (September 1 - September 30) and down $37,465 (5.4%) from the same time one year ago.
Inventory Change
There were 67 2-bedroom homes listed in Hamilton over the last 30 days (October 1 - October 30), which is down 11.8% compared with the previous 30 day period (September 1 - September 30) and down 17.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($17,859) (2.7%) below asking price over the last 30 days (October 1 - October 30), which represents a $4,013 decrease compared to the previous 30 day period (September 1 - September 30) and ($17,917) 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 1 - October 30) stood at 76.1%, up from 69.7% over the previous 30 days (September 1 - September 30) and up from 43.2% 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 33 days when successfully sold over the last 30 days (October 1 - October 30), 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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