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Property Description
Renovated 2-1/2 Storey Detached in High-Demand Area of Gibson/Stipley Centre, Access to King Street, Downtown, Lake, Stadium, Close to Shopping Centre & Park, New Floors, Kitchen, Pot Lights. 24 hrs. Notice Required for Showing. The Property is Tenanted.
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
18' x 90'
Fronting
South
Taxes
$2,139 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
1
Driveway
None
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
738 Cannon St is a 3-bedroom 1-bathroom home listed for sale at $488,000, which is $264,974 (35.2%) lower than the average sold price of $752,974 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $37,830 (4.8%) compared to the previous 30 day period (October 12 - November 10) and down $9,804 (1.3%) from the same time one year ago.Inventory Change
There were 279 3-bedroom homes listed in Hamilton over the last 30 days (November 11 - December 10), which is down 3.5% compared with the previous 30 day period (October 12 - November 10) and up 47.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,330) (2.6%) below asking price over the last 30 days (November 11 - December 10), which represents a $489 decrease compared to the previous 30 day period (October 12 - November 10) and ($25,272) 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 (November 11 - December 10) stood at 85.7%, up from 60.9% over the previous 30 days (October 12 - November 10) and up from 59.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Hamilton stood at 28 days when successfully sold over the last 30 days (November 11 - December 10), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc.
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