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Property Description
Located in the prime location of the Hamilton Mountain, this stunning home and property is just minutes away from the Airport and close to many amenities. Amenities such as groceries, banks, restaurants, pharmacies, and more are in-walking distance, making it an extremely ideal location for tenants. A single and short bus ride to College or University makes this location very attractive for students, as well as being located close to many of our prestigious hospitals. 82 Rymal Rd. E boasts a rare opportunity in real estate investing. This property offers not only one, but four, very inviting units, which includes parking for at least 12 vehicles confortably. A charming garden suite can be enjoyed in the back-yard. With a potential cash flow of $11,500 per month, this property presents an enticing investment prospect.
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Extras
What sets this property apart from others, is its elegant uniqueness, and the evident pride of ownership, promising both value and comfort for discerning investors or potential live-in or rent opportunity, or both.
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
100' x 140'
Acreage
< .50
Fronting
South
Taxes
$6,828 (2023)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.68' x 16.99' | |
| Br | Main | 10.66' x 12.34' | |
| Dining | Main | 19.16' x 12.01' | |
| Br | Main | 7.84' x 10.40' | |
| Family | Main | 21.75' x 14.93' | |
| Breakfast | Main | 8.83' x 16.50' | |
| Kitchen | Main | 14.07' x 14.07' | |
| Prim Bdrm | 2nd | 19.09' x 17.65' | 5 Pc Ensuite |
| Br | 2nd | 11.68' x 13.42' | |
| Br | 2nd | 10.66' x 13.75' | |
| Br | 2nd | 11.09' x 15.09' | |
| Kitchen | 2nd | 6.50' x 11.32' | Eat-In Kitchen |
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Hamilton Market Statistics
Hamilton Price Trend
82 Rymal Rd E is a 6-bedroom 5-bathroom home listed for sale at $1,779,900, which is $694,325 (64.0%) higher than the average sold price of $1,085,575 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 6 bedroom home in Hamilton declined by $473,996 (30.4%) compared to the previous 30 day period (February 28 - March 28) and up $485,625 (80.9%) from the same time one year ago.Inventory Change
There were 8 6-bedroom homes listed in Hamilton over the last 30 days (March 29 - April 27), which is down 50.0% compared with the previous 30 day period (February 28 - March 28) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold ($38,618) (3.6%) below asking price over the last 30 days (March 29 - April 27), which represents a $15,510 increase compared to the previous 30 day period (February 28 - March 28) and ($9,950) 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 6-bedroom homes in Hamilton over the last 30 days (March 29 - April 27) stood at 50.0%, up from 43.8% over the previous 30 days (February 28 - March 28) and up from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 5-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (March 29 - April 27), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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