8 Harvey St

Gibson, Hamilton, L8L 2L8
FOR SALE
$699,000
8 Harvey St, Hamilton
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
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Property Description
Welcome to Hamilton, a vibrant and culturally diverse city! This fully renovated modern home, complete with an in-law suite, has been a model project by a renowned European builder for the past decade. All renovations were completed under city permits and inspections. Situated in the heart of the city, just 100 meters from Tim Hortons, City Park, the recreation center, stores, and bus stops, this 1,750 sq. ft. open-concept two-story home offers exceptional convenience. The main floor features a brand-new open kitchen, a bright dining room, a spacious family room, and a 3-piece washroom. The family room can also serve as an office or additional bedroom. Upstairs, you'll find three spacious, sunlit bedrooms and a luxurious 3-piece bathroom. The master bedroom includes an ensuite, a closet, and a balcony with breathtaking city and escarpment views. The full-sized basement (approximately 750 sq. ft.) boasts high ceilings, large windows, and two walk-out doors, giving it a ground-floor feel. Its perfect for a large family or as a rental unit, providing income potential without compromising privacy. Outside, the landscaped yard features a new metal fence, a mature tree offering plenty of shade, and parking with street access, suitable for personal use or additional income. Beyond the backyard are Tim Hortons and local shops for your convenience. To facilitate your purchase, the owner is open to a Vendor Take-Back Mortgage. Don't miss this rare investment opportunity . act quickly!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-26 2024-11-30 127 $699,000 - Expired
2022-01-22 2022-03-24 60 $599,888 - Suspended
Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
31' x 91'
Fronting
North
Taxes
$3,500 (2024)
Basement
Unfinished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Available
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
8 Harvey St is a 3-bedroom 3-bathroom home listed for sale at $699,000, which is $82,742 (10.6%) lower than the average sold price of $781,742 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $30,684 (4.1%) compared to the previous 30 day period (October 18 - November 16) and up $27,328 (3.6%) from the same time one year ago.
Inventory Change
There were 202 3-bedroom homes listed in Hamilton over the last 30 days (November 17 - December 16), which is down 43.4% compared with the previous 30 day period (October 18 - November 16) and up 25.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($23,223) (3.0%) below asking price over the last 30 days (November 17 - December 16), which represents a $5,548 decrease compared to the previous 30 day period (October 18 - November 16) and ($24,671) 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 17 - December 16) stood at 87.1%, up from 71.1% over the previous 30 days (October 18 - November 16) and up from 76.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Hamilton stood at 34 days when successfully sold over the last 30 days (November 17 - December 16), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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