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Property Description
Welcome to 86 Beland Avenue, Hamilton - A Prime Investment Opportunity! Located in the desirable McQuesten neighborhood of Hamilton's East End, this versatile duplex is a fantastic investment. The first unit boasts 3 spacious bedrooms, 2.5 bathrooms, and in-suite laundry. The main floor features a bright, generously sized living room, a separate dining room perfect for entertaining, and a convenient powder room. The large, eat-in kitchen is a chef's dream, complete with custom cabinetry and elegant quartz countertops. The second unit is a bachelor suite that also showcases a custom kitchen with cabinets and quartz countertops. With the recent vacancy, you have the opportunity to set your own rental rates. Both units are beautifully finished with hardwood and vinyl plank flooring throughout. Additional features include a gas fireplace, separate hydro meters, and a single-car garage with direct access to the home. The fully fenced backyard offers a private oasis, perfect for relaxing or entertaining outdoors. With easy access to Highway 403 and 407, and close proximity to McMaster University, local transit, and various amenities, this property is ideally located for convenience. Whether you're looking to live in one unit and rent out the other, or simply add a strong asset to your portfolio, this property is a must-see. Don't miss out-make an offer today!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-05 | 2024-11-04 | 60 | $849,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
25' x 92'
Fronting
East
Taxes
$1,000 (2024)
Basement
Finished, Full
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Family | Main | 10.83' x 15.85' | |
Kitchen | Main | 8.43' x 7.41' | |
Other | Main | 8.01' x 8.33' | |
Prim Bdrm | 2nd | 10.01' x 15.68' | |
Br | 2nd | 9.32' x 10.01' | |
Br | 2nd | 8.99' x 10.50' |
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Hamilton Market Statistics
Hamilton Price Trend
86 Beland Ave N is a 3-bedroom 4-bathroom home listed for sale at $699,000, which is $53,974 (7.2%) lower than the average sold price of $752,974 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $37,830 (4.8%) compared to the previous 30 day period (October 12 - November 10) and down $9,804 (1.3%) from the same time one year ago.Inventory Change
There were 279 3-bedroom homes listed in Hamilton over the last 30 days (November 11 - December 10), which is down 3.5% compared with the previous 30 day period (October 12 - November 10) and up 47.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,330) (2.6%) below asking price over the last 30 days (November 11 - December 10), which represents a $489 decrease compared to the previous 30 day period (October 12 - November 10) and ($25,272) 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 3-bedroom homes in Hamilton over the last 30 days (November 11 - December 10) stood at 85.7%, up from 60.9% over the previous 30 days (October 12 - November 10) and up from 59.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Hamilton stood at 28 days when successfully sold over the last 30 days (November 11 - December 10), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Garden City Realty Inc.
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