59 Chestnut Ave

Gibson, Hamilton, L8L 6K8
FOR SALE
$549,900
59 Chestnut Ave, Hamilton
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
59 Chestnut Ave
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
9
ROOMS
X8237984
MLSID
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Property Description
Welcome HOME to 59 Chestnut Avenue. Perfect for first time home buyers, downsizers & investors, this lovely 1 1/2 storey charmer features 2 bedrooms, 2 full bathrooms & a detached garage! Step inside to the open concept main floor living/dining area, perfect for entertaining! The kitchen was thoughtfully updated in 2018 with white cabinetry, new flooring, stainless steel Maytag appliances, pot lights & walkout to the backyard. A convenient 3 piece bathroom completes the main level. The upper level offers 2 sizeable bedrooms, full bathroom with tub & plenty of handy storage. The basement houses the washer/dryer & offers even more storage space! This cute home oozes curb appeal, boasting parking in the front, as well as a fenced backyard & gate (2022) with detached garage complete with a new garage door & electricity (2023). New A/C installed (2023), board & batten siding on back of house (2018) & roof (2020). This is a great street in a prime Hamilton Centre location - within walking distance to Tim Hortons Field, Jimmy Thompson Memorial Pool, Bernie Morelli Recreation Centre, schools, shopping, bus routes and so much more! This detached FREEHOLD home is move-in ready - reach out today for your own private showing!
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
17' x 97'
Fronting
West
Taxes
$2,100 (2024)
Basement
Part Bsmt, Unfinished
Exterior
Vinyl Siding, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain11.09' x 13.85'
DiningMain11.58' x 10.93'
KitchenMain11.75' x 8.99'
Prim BdrmUpper11.15' x 14.17'
BrUpper6.56' x 6.17'
UtilityLower13.42' x 11.25'
LaundryLower13.58' x 8.23'
Hamilton Market Statistics
Hamilton Price Trend
59 Chestnut Ave is a 2-bedroom 2-bathroom home listed for sale at $549,900, which is $117,226 (17.6%) lower than the average sold price of $667,126 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $34,190 (4.9%) compared to the previous 30 day period (February 29 - March 29) and down $46,194 (6.5%) from the same time one year ago.
Inventory Change
There were 79 2-bedroom homes listed in Hamilton over the last 30 days (March 30 - April 28), which is up 58.0% compared with the previous 30 day period (February 29 - March 29) and up 16.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($1,359) (0.2%) below asking price over the last 30 days (March 30 - April 28), which represents a $8,492 increase compared to the previous 30 day period (February 29 - March 29) and $5,712 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 2-bedroom homes in Hamilton over the last 30 days (March 30 - April 28) stood at 81.0%, down from 112.0% over the previous 30 days (February 29 - March 29) and down from 95.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Hamilton stood at 17 days when successfully sold over the last 30 days (March 30 - April 28), 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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