608 Upper James St

Southam, Hamilton, L9C 2Y8
FOR SALE
$1,299,999
608 Upper James St, Hamilton
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
608 Upper James St
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BEDROOMS
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BATHROOMS
1
KITCHENS
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Property Description
Live, Work, and ThriveAll in One Place! Discover this unique Residential/Commercial Property! This versatile multi-use building offers exceptional potential for both commercial and residential ventures. Situated in a prime location on the Hamilton Mountain, with a flexible layout and modern amenities, this property is a true gem for investors and entrepreneurs alike. The well-maintained building ensures ongoing support for businesses and promising prospects for the apartment. Currently serving as a musical studio and gym, these commercial spaces represent a variety of usages for this building. The 2-bedroom, 1-bathroom apartment suite provides a comfortable and contemporary living space, making it highly attractive to prospective tenants. Seize the opportunity to thrive in the vibrant commercial area while also tapping into the residential rental market. Whether you're a new investor or looking to grow your portfolio, don't miss this chance to explore this dynamic space in the heart of the Hamilton Mountain. The following are allowed with the expected exceptions, limitations, rules & regulations: Artist Studio; Beverage Making Establishment; Catering Service; Commercial Entertainment; Commercial Parking Facility; Commercial Recreation; Commercial School; Communications Establishment; Craftsperson Shop; Day Nursery; Dwelling Unit, Mixed Use; Financial Establishment; Hotel; Laboratory; Medical Clinic; Microbrewery; Office; Performing Arts Theatre; Personal Services; Place of Assembly; Place of Worship; Repair Service; Restaurant; Retail; Social Services Establishment; Urban Farmers Market; Veterinary Service.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-14 2024-11-22 100 $1,499,999 - Terminated
Property Features
Hospital, Public Transit, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
25' x 100'
Fronting
West
Taxes
$9,019 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Br2nd12.17' x 16.01'
2nd Br2nd9.74' x 10.50'
Bathroom2nd9.68' x 12.60'
Kitchen2nd11.32' x 30.41'
Living2nd12.17' x 15.49'
Hamilton Market Statistics
Hamilton Price Trend
608 Upper James St is a 2-bedroom 1-bathroom home listed for sale at $1,299,999, which is $518,372 (66.3%) higher than the average sold price of $781,627 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 2 bedroom home in Hamilton increased by $150,105 (23.8%) compared to the previous 30 day period (October 19 - November 17) and up $123,526 (18.8%) from the same time one year ago.
Inventory Change
There were 40 2-bedroom homes listed in Hamilton over the last 30 days (November 18 - December 17), which is down 43.7% compared with the previous 30 day period (October 19 - November 17) and up 11.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($12,914) (1.7%) below asking price over the last 30 days (November 18 - December 17), which represents a $2,991 decrease compared to the previous 30 day period (October 19 - November 17) and ($21,953) 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 (November 18 - December 17) stood at 100.0%, up from 88.7% over the previous 30 days (October 19 - November 17) and down from 119.4% 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 42 days when successfully sold over the last 30 days (November 18 - December 17), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Twin City Realty Inc.
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