83 Haddon Ave S
Ainslie Wood, Hamilton, L8S 1X7
FOR SALE
$988,000
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5 + 3
BEDROOMS3
BATHROOMS1 + 1
KITCHENS8 + 6
ROOMSX9767421
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Property Description
Welcome to this spacious 8-bedroom, 3-bathroom home, ideally located just steps away from McMaster University. This corner property features two fully-equipped kitchens, making it perfect for student living ensuring comfort and efficiency year-round. With plenty of parking available, accessibility will never be a concern. This property is already zoned for lodging by the City of Hamilton, allowing you to legally rent to students. The area is undergoing significant redevelopment, which means great potential for future investment growth. The upcoming LRT line will further enhance access and appeal in this burgeoning neighborhood. Included with the property are three refrigerators, two stoves, a clothes washer, and dryer, ready for immediate use. Don't miss out on this incredible opportunity to invest in a prime location with strong rental demand! Schedule your viewing today!
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
35' x 97'
Fronting
East
Taxes
$5,553 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.29' x 15.58' | |
Dining | Main | 12.80' x 8.40' | |
Kitchen | Main | 11.29' x 13.29' | |
Prim Bdrm | Main | 9.28' x 12.70' | |
Br | Main | 9.28' x 10.17' | |
Br | Main | 12.60' x 9.58' | |
Br | 2nd | 14.17' x 13.58' | |
Br | 2nd | 14.17' x 10.17' | |
Br | Bsmt | 9.78' x 19.98' | |
Br | Bsmt | 9.97' x 13.09' | |
Kitchen | Bsmt | 13.19' x 10.07' | |
Living | Bsmt | 9.78' x 16.99' |
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Hamilton Market Statistics
Hamilton Price Trend
83 Haddon Ave S is a 5-bedroom 3-bathroom home listed for sale at $988,000, which is $63,694 (6.9%) higher than the average sold price of $924,306 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $356,404 (27.8%) compared to the previous 30 day period (September 1 - September 30) and down $170,884 (15.6%) from the same time one year ago.Inventory Change
There were 39 5-bedroom homes listed in Hamilton over the last 30 days (October 1 - October 30), which is down 20.4% compared with the previous 30 day period (September 1 - September 30) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold $13,425 (1.5%) above asking price over the last 30 days (October 1 - October 30), which represents a $108,946 increase compared to the previous 30 day period (September 1 - September 30) and ($33,480) 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 5-bedroom homes in Hamilton over the last 30 days (October 1 - October 30) stood at 20.5%, down from 38.8% over the previous 30 days (September 1 - September 30) and down from 28.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Hamilton stood at 24 days when successfully sold over the last 30 days (October 1 - October 30), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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