85 Wilson St

Beasley, Hamilton, L8R 1C7
FOR SALE
$1,100,000
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
X9306521
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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-30 2024-09-08 9 $1,190,000 - Suspended
2024-07-06 2024-08-30 55 $1,199,000 - Suspended
2024-05-07 2024-07-06 60 $1,199,000 - Terminated
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
$4,500 (2024)
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 $1,100,000, which is $21,434 (2.0%) higher than the average sold price of $1,078,566 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $63,795 (6.3%) compared to the previous 30 day period (July 21 - August 19) and up $102,476 (10.5%) from the same time one year ago.
Inventory Change
There were 49 5-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 69.0% compared with the previous 30 day period (July 21 - August 19) and up 36.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($73,710) (6.8%) below asking price over the last 30 days (August 20 - September 18), which represents a $75,127 decrease compared to the previous 30 day period (July 21 - August 19) and ($35,207) 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 (August 20 - September 18) stood at 30.6%, up from 24.1% over the previous 30 days (July 21 - August 19) and up from 30.6% 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 48 days when successfully sold over the last 30 days (August 20 - September 18), compared to 84 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp.
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