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BEDROOMS2
BATHROOMS2
KITCHENS12
ROOMSX8252296
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Property Description
Introducing an exceptional legal non-conforming duplex nestled at the foothills of the escarpment. Boasting a monthly rental income of $4600, this property stands as a lucrative investment prospect. Unit #1, situated on the main floor, comprises a generously sized living room, den, well-equipped kitchen, dining area, a complete 4-piece bathroom, and two bedrooms with ample closet space. Unit #2, occupying the second floor, showcases a kitchen, another 4-piece bathroom, three bedrooms, with two additional bedrooms on the third floor, all featuring closet accommodations. The property encompasses an unfinished basement with a storage room and ample parking space at the rear. The expansive unfinished basement holds promise for additional rental income. Revel in the picturesque escarpment vistas from the coveted St. Clair locale, with a wealth of amenities including hiking trails, parks, dining options, shopping centers, schools, and convenient access to public transit. Two separate private back decks offer perfect retreats to savor the changing seasons. Seize this phenomenal income-generating opportunity without delay!
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Property Features
Hospital, Park, Place Of Worship, School
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Property Details
Street
Community
City
Property Type
Duplex, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
41' x 88'
Acreage
< .50
Fronting
South
Taxes
$4,773 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Mutual
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.09' x 13.32' | |
| Kitchen | Main | 13.42' x 11.75' | |
| Dining | Main | 11.75' x 12.83' | |
| Br | Main | 9.91' x 9.15' | |
| Br | Main | 13.91' x 9.25' | |
| Kitchen | 2nd | 9.74' x 13.25' | |
| Br | 2nd | 11.15' x 11.15' | |
| Br | 2nd | 10.07' x 11.84' | |
| Br | 2nd | 11.75' x 11.75' | |
| Br | 3rd | 14.99' x 12.34' | |
| Br | 3rd | 12.60' x 13.32' |
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Hamilton Market Statistics
Hamilton Price Trend
6 Rutherford Ave is a 7-bedroom 2-bathroom home listed for sale at $675,900, which is $354,100 (34.4%) lower than the average sold price of $1,030,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 7 bedroom home in Hamilton increased by $30,000 (3.0%) compared to the previous 30 day period (March 15 - April 13) and down $3,220,000 (75.8%) from the same time one year ago.Inventory Change
There were 4 7-bedroom homes listed in Hamilton over the last 30 days (April 14 - May 13), which is down 0.0% compared with the previous 30 day period (March 15 - April 13) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
7-bedroom homes in Hamilton typically sold ($69,000) (6.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $69,001 decrease compared to the previous 30 day period (March 15 - April 13) and $250,001 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 7-bedroom homes in Hamilton over the last 30 days (April 14 - May 13) stood at 25.0%, down from 50.0% over the previous 30 days (March 15 - April 13) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 2-bathroom home in Hamilton stood at 29 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Regal Realty Inc.
Similar Listings
Introducing an exceptional legal non-conforming duplex nestled at the foothills of the escarpment. Boasting a monthly rental income of$4600, this property stands as a lucrative investment prospect. Unit #1, situated on the main floor, comprises a generously sized living room, den, well-equipped kitchen, dining area, a complete 4-piece bathroom, and two bedrooms with ample closet space. Unit #2, occupying the second floor, showcases a kitchen, another 4-piece bathroom, three bedrooms, with two additional bedrooms on the third floor, all featuring closet accommodations. The property encompasses an unfinished basement with a storage room and ample parking space at the rear. The expansive unfinished basement holds promise for additional rental income. Revel in the picturesque escarpment vistas from the coveted St. Clair locale, with a wealth of amenities including hiking trails, parks, dining options, shopping centers, schools, and convenient access to public transit. Two separate private back decks offer perfect retreats to savor the changing seasons. Seize this phenomenal income-generating opportunity without delay!
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Attention renovators and investors!! Fantastic opportunity to own a duplex in the Kirkendall neighbourhood of Hamilton's west end! The home is being sold as/is. Loads of income potential for owner plus tenant or as duplex. Lower unit has two beds, one bath and kitchen. Upper unit is four bedrooms, one bath with kitchen. Both units are now vacant. Within walking distance to the shops on Locke St, nightlife on James St, GO Station on Hunter and so much more! Public transit almost outside the door on Queen with access to Mohawk College and McMaster University. This property will go quickly!
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