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Property Description
Fantastic investment opportunity with the rental income of $5800 per month! This stunning 4-level back-split semi-detached home features a legal side entrance to the basement, offering 4+3 bedrooms, 2 kitchens, and 2 laundries. 2.5 baths. The lower level includes3 bedrooms with walk-in closets for added convenience. Since 2017, the owners have made numerous upgrades, including a brand-new main kitchen with quartz countertops, an island, updated cabinets, a ceramic tiled floor, stainless steel appliances, and a stylish marble backsplash. All three bathrooms have been beautifully renovated with mirrors, vanities, ceramic tiles, tubs, and standing showers. Additional enhancements include new interior doors, mirrored closet doors, updated flooring throughout, and ample pot lights to brighten the space. The spacious backyard is perfect for outdoor activities, and the roof was replaced in October 2020. New driveway July 2023. Don't miss out on this incredible property!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-15 | 2024-03-10 | 177 | $749,999 | - | Expired |
Property Features
Fenced Yard, Golf, Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Semi-Detached, Backsplit 4
Lot Size
30' x 118'
Acreage
< .50
Fronting
West
Taxes
$3,830 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Carport
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Hamilton Market Statistics
Hamilton Price Trend
70 Gainsborough Rd is a 4-bedroom 3-bathroom home listed for sale at $689,998, which is $285,264 (29.2%) lower than the average sold price of $975,262 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $59,859 (5.8%) compared to the previous 30 day period (October 22 - November 20) and down $38,622 (3.8%) from the same time one year ago.Inventory Change
There were 124 4-bedroom homes listed in Hamilton over the last 30 days (November 21 - December 20), which is down 27.1% compared with the previous 30 day period (October 22 - November 20) and up 44.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($28,272) (2.9%) below asking price over the last 30 days (November 21 - December 20), which represents a $1,868 decrease compared to the previous 30 day period (October 22 - November 20) and ($44,393) 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 4-bedroom homes in Hamilton over the last 30 days (November 21 - December 20) stood at 65.3%, up from 55.9% over the previous 30 days (October 22 - November 20) and up from 60.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Hamilton stood at 34 days when successfully sold over the last 30 days (November 21 - December 20), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Excellence Real Estate
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