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Property Description
A Rare Opportunity in the Coveted Hamilton Mountain Area! Welcome to 82 Rymal Rd. E, a truly unique and must-see property offering an exceptional investment opportunity or the perfect home for single-family or multi-family living. Ideally situated just minutes from the Airport and Hwys, and within walking distance of top-tier amenities like grocery stores, banks, restaurants, and the rec center, this prime location makes it incredibly convenient for tenants and homeowners alike. For students, the proximity to College and University is unbeatable, while professionals will appreciate the easy access to work at Hamilton's renowned hospitals. This makes the property attractive to a diverse range of renters, from students to working professionals. The property boasts four distinctive units, including a charming backyard Bunky, and offers parking for at least 12 vehicle a rare find! With an estimated rental income of $10,800 per month, the potential for lucrative returns is undeniable. Whether you're looking to rent, live in, or do both, the flexibility this property provides is unmatched. Pride of ownership is evident throughout, ensuring a well-maintained, inviting space for residents. Don't miss this rare and unique real estate gem its truly a one-of-a-kind opportunity!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-03-08 | 2024-05-23 | 76 | $1,779,900 | - | Terminated |
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
100' x 140'
Fronting
South
Taxes
$7,495 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Front Yard
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.68' x 16.99' | Hardwood Floor |
Dining | Main | 19.16' x 12.01' | |
Kitchen | Main | 14.07' x 14.93' | Double Sink |
Breakfast | Main | 8.83' x 16.50' | |
Family | Main | 21.75' x 14.93' | W/O To Patio, Hardwood Floor |
Br | Main | 7.84' x 10.40' | |
Br | Main | 10.66' x 12.34' | |
Prim Bdrm | 2nd | 19.91' x 17.65' | |
Br | 2nd | 11.68' x 13.42' | |
Br | 2nd | 10.66' x 13.75' |
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Hamilton Market Statistics
Hamilton Price Trend
82 Rymal Rd E is a 6-bedroom 3-bathroom home listed for sale at $1,649,900, which is $212,400 (14.8%) higher than the average sold price of $1,437,500 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 6 bedroom home in Hamilton increased by $328,500 (29.6%) compared to the previous 30 day period (September 15 - October 14) and up $253,167 (21.4%) from the same time one year ago.Inventory Change
There were 5 6-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is down 44.4% compared with the previous 30 day period (September 15 - October 14) and down 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold ($5,450) (0.4%) below asking price over the last 30 days (October 15 - November 13), which represents a $60,050 increase compared to the previous 30 day period (September 15 - October 14) and ($31,264) 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 6-bedroom homes in Hamilton over the last 30 days (October 15 - November 13) stood at 40.0%, up from 22.2% over the previous 30 days (September 15 - October 14) and down from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Hamilton stood at 99 days when successfully sold over the last 30 days (October 15 - November 13), compared to 93 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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