77 LELAND St 421
Ainslie Wood, Hamilton, L8S 3A1
FOR SALE
$489,900
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Property Description
Welcome to 77 Leland Street in the popular, well established Ainslie Wood neighbourhood. This newer modern condominium is steps from McMaster University, McMaster Hospital, and all the amenities one could desire. Built with functionality and lifestyle in mind, it is perfect for investors, students, and or commuting professionals. Tasteful interior with neutral design and colours, granite counter top in white kitchen, laminate flooring throughout, high ceilings, and plenty of windows. West facing unit filled with natural sunlight. Deck grade composite tiling with drainage on balcony. Unit 421 also features the best parking spot available. Safe and secure condo with common laundry room, 4th floor in door bicycle storage, security cameras, and 24/7 emergency maintenance. Surrounded by ample green space, close proximity to public transit, trendy restaurants, and major commuter routes, it is the perfect location for all. Building was built in 2020, not subject to rent control.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-03 | 2024-11-05 | 33 | $489,900 | $485,000 | Sold |
| 2024-10-03 | 2024-11-05 | 33 | $489,900 | $485,000 | Sold |
| 2024-07-17 | 2024-10-04 | 79 | $515,000 | - | Terminated |
| 2024-04-10 | 2024-07-17 | 98 | $529,900 | - | Terminated |
Property Features
Hospital
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Property Details
Street
Community
City
Property Type
Condo Apt, Other
Approximate Sq.Ft.
0-499
Taxes
$2,812 (2023)
Exterior
Brick
Heat Type
None
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Garage Type
Outside/Surface
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.43' x 7.51' | Laminate |
| Living | Main | 10.17' x 6.33' | Laminate |
| Br | Main | 10.17' x 6.33' | Laminate |
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Hamilton Market Statistics
Hamilton Price Trend
77 LELAND St 421 is a 1-bedroom 1-bathroom condo listed for sale at $489,900, which is $53,934 (12.4%) higher than the average sold price of $435,966 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 1 bedroom condo in Hamilton declined by $5,844 (1.3%) compared to the previous 30 day period (September 15 - October 14) and up $32,619 (8.1%) from the same time one year ago.Inventory Change
There were 49 1-bedroom condos listed in Hamilton over the last 30 days (October 15 - November 13), which is down 10.9% compared with the previous 30 day period (September 15 - October 14) and up 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Hamilton typically sold ($7,124) (1.6%) below asking price over the last 30 days (October 15 - November 13), which represents a $2,742 increase compared to the previous 30 day period (September 15 - October 14) and ($12,717) 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 1-bedroom condos in Hamilton over the last 30 days (October 15 - November 13) stood at 67.3%, up from 34.5% over the previous 30 days (September 15 - October 14) and up from 40.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Hamilton stood at 36 days when successfully sold over the last 30 days (October 15 - November 13), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada, Brokerage
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