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BEDROOMS2
BATHROOMS2
KITCHENS6
ROOMSX11992468
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Property Description
Attention First Time Home Buyers and Investors ! This legal Duplex located in the East end of Hamilton is a great way to get into the real estate market. With ample 4 car parking and two fully renovated one bed, one bath units each with their own laundry facilities along with a detached double car garage(with power) this one is a rare find! Cheaper than paying rent, if you have been thinking of buying and need that extra income from the second unit or want to buy with a friend or family member and each have your own living space, this home ticks all of the boxes. Located close to shopping, public transit and easy access to major highways! Please note that some photos have been virtually staged. Don't hesitate to book your private showing !
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-30 | 2024-12-30 | 61 | $575,000 | - | Terminated |
| 2024-09-11 | 2024-10-30 | 49 | $575,000 | - | Terminated |
| 2024-08-21 | 2024-09-13 | 23 | $595,000 | - | Terminated |
| 2024-08-21 | 2024-08-25 | 4 | $595,000 | - | Terminated |
Property Features
Fenced Yard, Place Of Worship, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
25' x 100'
Fronting
South
Taxes
$2,933 (2024)
Basement
Full, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Front Yard
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.07' x 15.09' | |
| Kitchen | Main | 11.68' x 9.15' | |
| Br | Main | 8.33' x 8.92' | |
| Br | 2nd | 9.91' x 12.76' | |
| Kitchen | 2nd | 9.09' x 11.58' | |
| Living | 2nd | 10.99' x 15.26' | |
| Utility | Bsmt | 12.83' x 30.91' |
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Hamilton Market Statistics
Hamilton Price Trend
73 Albany Ave is a 2-bedroom 2-bathroom home listed for sale at $549,000, which is $60,903 (10.0%) lower than the average sold price of $609,903 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $5,466 (0.9%) compared to the previous 30 day period (December 22 - January 20) and down $52,778 (8.0%) from the same time one year ago.Inventory Change
There were 67 2-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 59.5% compared with the previous 30 day period (December 22 - January 20) and up 15.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($5,239) (0.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $10,772 increase compared to the previous 30 day period (December 22 - January 20) and ($4,958) 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 (January 21 - February 19) stood at 49.3%, down from 78.6% over the previous 30 days (December 22 - January 20) and down from 94.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Hamilton stood at 40 days when successfully sold over the last 30 days (January 21 - February 19), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
Similar Listings
Looking for a Turn Key Investment Opportunity? This Legal Duplex with a Large Lot and full of potential can generate Good Income - Main Floor: First Unit - 2 Bedrooms, Full 4 piece Bath Ensuite, Living Room Combined with Open Concept Kitchen. Second Floor: Second Unit -1 Bedroom, Room that can be Living/Family plus Kitchen, and 4 piece bath; 2 1/2 Storey: +2 Rooms/Dens, good size having their own 3 Piece Bath Ensuite, shared entrance with second unit. This property features: Nice upgraded kitchens and baths, a functional layout, plenty of parking spaces, And Much More!
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