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Property Description
Cozy 2 bedroom 1 bath home sitting on a premium lot just under 1 acre in East Hamilton. This is a unique opportunity for seasoned investors and first-time home buyers! Pre-approved construction of 4 single-family homes permitted with possibility of re-zoning for much more! Charming bungalow on property move-in ready! Property is within an hour to the GTA and Niagara Falls which makes it appealing for types of commuters. You can either start building or land bank for future returns! Home is livable and rented out for $2870 a month! Home inspection report and property information package available upon request. Home is on municipal water and municipal sewer lines!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-05 | 2024-02-29 | 147 | $999,999 | - | Expired |
2023-10-28 | 2023-11-13 | 16 | $2,650 | $2,870 | Leased |
2023-05-26 | 2023-07-10 | 45 | $1,090,000 | - | Terminated |
2023-04-19 | 2023-05-10 | 21 | $899,999 | - | Terminated |
2021-09-17 | 2021-09-24 | 7 | $749,000 | $765,000 | Sold |
Extras
All existing: fridge, stove b/i dishwasher, washer & dryer.
Property Features
Beach, Clear View, Fenced Yard, Other, Part Cleared, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
22' x 210'
Fronting
West
Taxes
$3,559 (2023)
Basement
Part Fin, Walk-Up
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.19' x 10.33' | Hardwood Floor, Combined W/Dining, Open Concept |
Dining | Main | 12.70' x 11.52' | Hardwood Floor, Combined W/Kitchen, W/O To Deck |
Living | Main | 14.73' x 17.06' | Hardwood Floor, Window, Open Concept |
Prim Bdrm | Main | 12.43' x 10.14' | Hardwood Floor, Window |
2nd Br | Main | 8.01' x 9.88' | Hardwood Floor, Window |
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Hamilton Market Statistics
Hamilton Price Trend
719 Knox Ave is a 2-bedroom 1-bathroom home listed for sale at $899,999, which is $230,996 (34.5%) higher than the average sold price of $669,003 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $50,816 (7.1%) compared to the previous 30 day period (March 15 - April 13) and down $73,088 (9.8%) from the same time one year ago.Inventory Change
There were 91 2-bedroom homes listed in Hamilton over the last 30 days (April 14 - May 13), which is up 93.6% compared with the previous 30 day period (March 15 - April 13) and up 46.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($1,377) (0.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,974 increase compared to the previous 30 day period (March 15 - April 13) and $23,433 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 (April 14 - May 13) stood at 57.1%, down from 140.4% over the previous 30 days (March 15 - April 13) and down from 95.2% 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 22 days when successfully sold over the last 30 days (April 14 - May 13), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Metropolis Realty
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