623 Miles Rd

FOR SALE
$1,349,000
623 Miles Rd, Hamilton
623 Miles Rd
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
11
ROOMS
X8034000
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Property Description
Do you want to build your dream home but have been waiting for the right property? Looking for something with lots of privacy and is surrounded by nature but don't want to be isolated in the middle of nowhere? Looking for a large enough lot to let your imagination run wild but still want a manageable parcel of land? Today is the day that this unicorn of a property could be yours; so don't miss this opportunity to start living your dream. This spectacular 200 x 410 ft estate size lot (nearly 2 acres) is situated on a quiet country road yet conveniently located 4 minutes from grocery stores, cafe's and daily amenities; and just 8 minutes from Limeridge mall, the Linc and Redhill Valley Parkway. The long tree-lined driveway is something out of a fairy tale and fittingly welcomes visitors to the century home. With towering trees and the beauty of nature everywhere you look, you are overwhelmed with a sense of calm upon arriving at the property.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-28 2024-01-28 153 $1,349,900 - Expired
Extras
Built in 1881, the renovated farmhouse feat an eat-in kitchen w/sunroom, living room w/orig moldings, family room, main level laundry, HW floors, Pella windows. Geothermal heating/cooling system, 200 amp panel & central vac
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
200' x 410'
Acreage
.50-1.99
Fronting
East
Taxes
$5,210 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Grnd Srce
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Detached
Hamilton Market Statistics
Hamilton Price Trend
623 Miles Rd is a 3-bedroom 2-bathroom home listed for sale at $1,349,000, which is $472,552 (53.9%) higher than the average sold price of $876,448 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $73,271 (9.1%) compared to the previous 30 day period (February 27 - March 27) and up $33,925 (4.0%) from the same time one year ago.
Inventory Change
There were 339 3-bedroom homes listed in Hamilton over the last 30 days (March 28 - April 26), which is up 10.8% compared with the previous 30 day period (February 27 - March 27) and up 55.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($5,780) (0.7%) below asking price over the last 30 days (March 28 - April 26), which represents a $3,348 increase compared to the previous 30 day period (February 27 - March 27) and ($8,807) 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 3-bedroom homes in Hamilton over the last 30 days (March 28 - April 26) stood at 85.3%, up from 73.5% over the previous 30 days (February 27 - March 27) and down from 106.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 21 days when successfully sold over the last 30 days (March 28 - April 26), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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