73 Balmoral Ave N
Crown Point, Hamilton, L8L 7R5
FOR SALE
$749,000
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BEDROOMS2
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Property Description
This 2.5-storey, all-brick, legal non-confirming duplex is perfectly positioned in an excellent location that offers both convenience and excellent growth potential. A well-maintained home that features two self-contained units, making it ideal for those seeking rental income or a smart addition to any portfolio. The main floor features a spacious 1-bdrm, 1-bath with a large eat-in kitchen. Perfect for young couples, or professionals alike. The second unit spans two floors, offering 2-bdrms & 1-bath, as well as separate kitchen and living spaces. Each unit has been tastefully updated with access to a private deck and shared greenspace, as well as the benefit of multiple entrances, ensuring convenience and safety for all occupants. The lower level has its own entrance, with common laundry, additional storage, and a roughed-in bath. As a bonus there is a large garage with ADU potential.
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Extras
Ottawa Street is packed with shops, cafes, antique stores, and some of the best textile shopping in Ontario. The area is poised for continued growth, making it an exciting place to invest or put down roots.
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Duplex, 2 1/2 Storey
Lot Size
30' x 103'
Acreage
< .50
Fronting
West
Taxes
$3,190 (2024)
Basement
Full, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 8.01' x 6.00' | |
| Kitchen | Main | 10.07' x 13.68' | |
| Living | Main | 10.93' x 12.24' | |
| Br | Main | 11.25' x 13.32' | |
| Bathroom | Main | 4.00' x 6.99' | 4 Pc Bath |
| Mudroom | Main | 3.28' x 6.00' | |
| Kitchen | 2nd | 12.70' x 10.40' | |
| Living | 2nd | 8.83' x 14.24' | |
| Br | 2nd | 12.70' x 9.84' | |
| Bathroom | 2nd | 4.92' x 6.99' | 4 Pc Bath |
| Br | 3rd | 9.25' x 22.08' | |
| Utility | Bsmt | 22.01' x 22.01' |
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Hamilton Market Statistics
Hamilton Price Trend
73 Balmoral Ave N is a 3-bedroom 2-bathroom home listed for sale at $749,000, which is $36,164 (4.6%) lower than the average sold price of $785,164 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $68,955 (8.1%) compared to the previous 30 day period (September 15 - October 14) and up $25,191 (3.3%) from the same time one year ago.Inventory Change
There were 283 3-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is down 10.4% compared with the previous 30 day period (September 15 - October 14) and up 3.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,617) (2.5%) below asking price over the last 30 days (October 15 - November 13), which represents a $5,815 decrease compared to the previous 30 day period (September 15 - October 14) and ($21,493) 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 (October 15 - November 13) stood at 73.5%, up from 57.3% over the previous 30 days (September 15 - October 14) and up from 49.6% 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 37 days when successfully sold over the last 30 days (October 15 - November 13), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Community Professionals
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