85 Wilson St

Beasley, Hamilton, L8R 1C7
FOR SALE
$1,199,000
85 Wilson St, Hamilton
85 Wilson St
85 Wilson St
85 Wilson St
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5
BEDROOMS
4
BATHROOMS
4
KITCHENS
16
ROOMS
X8314998
MLSID
Contact Us
Property Description
Rare opportunity to own a 4-plex investment opportunity, great downtown location full of nearby amenities. Three one bedrooms and one two bedroom. It offers Terrazzo floors in the hallways and carpet on the stairs. Units are separately metered for hydro. Locker room and parking available. All units are updated and furnished to standard. Fire alarm and fire extinguisher in each floor hallways. Ideal for the starting Investor!!!Outstanding 4 plex . Nothing to do but collect rent, gross income of $84000 per year. Very secure building close to Jackson Square, walking distance to all amenities.
Property Features
Hospital, Place Of Worship, Public Transit, School, School Bus Route
Property Details
Street
Community
Property Type
Fourplex, Other
Approximate Sq.Ft.
2000-2500
Lot Size
33' x 60'
Acreage
< .50
Fronting
West
Taxes
$3,926 (2023)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
85 Wilson St is a 5-bedroom 4-bathroom home listed for sale at $1,199,000, which is $44,206 (3.8%) higher than the average sold price of $1,154,794 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $209,088 (15.3%) compared to the previous 30 day period (March 15 - April 13) and up $115,588 (11.1%) from the same time one year ago.
Inventory Change
There were 51 5-bedroom homes listed in Hamilton over the last 30 days (April 14 - May 13), which is up 59.4% compared with the previous 30 day period (March 15 - April 13) and up 183.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($50,657) (4.4%) below asking price over the last 30 days (April 14 - May 13), which represents a $19,892 increase compared to the previous 30 day period (March 15 - April 13) and $35,240 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 5-bedroom homes in Hamilton over the last 30 days (April 14 - May 13) stood at 33.3%, down from 53.1% over the previous 30 days (March 15 - April 13) and down from 83.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Hamilton stood at 41 days when successfully sold over the last 30 days (April 14 - May 13), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp.
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