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Property Description
Exceptional investment opportunity in a prime central location! This large 2.5-storey brick duplex with an in-law suite is situated just west of the beautiful Gage Park. Each self-contained unit boasts in-suite laundry, providing added convenience. There is a spacious open floor plan, one-bedroom basement level unit. The main floor offers a cozy living room, 2 bedrooms & a lovely eat-in kitchen. The upper unit connects the 2nd and 3rd floors boasting a living room, a beautiful open kitchen/dining room, 2 gorgeous full bathrooms, 2 bedrooms & den the largest of the units. The property has seen numerous updates, ensuring a modern living experience while preserving its charming character. With numerous cosmetic and mechanical, two hydro meters, rear parking for 3 vehicles, and fire escape access for both the main and upper units, this property is designed for safety and practicality. Whether you're an investor looking for high rental potential or a homeowner seeking an income-generating residence where you can live and rent, this home ticks all the boxes. *upper 2-level unit vacant Dec 1, 2024. main & basement unit on month-to-month term. RSA.
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Extras
Tenant info: basement $1200 leased till Nov 2024, main flr $1127.50 monthly *helping with seasonal maintenance, upper $1550 + hydro. Owners pay for gas, hwt rental & hydro for 2 lower units. A+ tenants would like to stay.
Property Features
Hospital, Library, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
29' x 92'
Acreage
< .50
Fronting
North
Taxes
$4,366 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.58' x 10.27' | |
Br | Main | 10.17' x 11.48' | |
2nd Br | Main | 7.38' x 12.89' | |
Kitchen | Main | 12.07' x 12.89' | Eat-In Kitchen |
Kitchen | 2nd | 12.89' x 21.98' | Combined W/Dining |
Living | 2nd | 14.27' x 11.09' | |
3rd Br | 2nd | 10.10' x 11.38' | |
4th Br | 3rd | 15.39' x 14.37' | |
Loft | 3rd | 16.27' x 16.99' | |
5th Br | Bsmt | 11.55' x 12.99' | |
Kitchen | Bsmt | 6.40' x 9.97' | |
Living | Bsmt | 16.47' x 9.09' | Combined W/Dining |
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Hamilton Market Statistics
Hamilton Price Trend
81 Dunsmure Rd is a 4-bedroom 4-bathroom home listed for sale at $694,900, which is $497,939 (41.7%) lower than the average sold price of $1,192,839 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $19,443 (1.7%) compared to the previous 30 day period (September 1 - September 30) and up $117,062 (10.9%) from the same time one year ago.Inventory Change
There were 181 4-bedroom homes listed in Hamilton over the last 30 days (October 1 - October 30), which is down 10.4% compared with the previous 30 day period (September 1 - September 30) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($36,569) (3.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $9,359 decrease compared to the previous 30 day period (September 1 - September 30) and ($30,636) 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 4-bedroom homes in Hamilton over the last 30 days (October 1 - October 30) stood at 50.3%, up from 42.1% over the previous 30 days (September 1 - September 30) and up from 31.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Hamilton stood at 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Community Professionals
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