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Property Description
Welcome to Escarpment living! Situated at edge of the Hamilton escarpment, close to hospital, Sherman Access to Hamiltons downtown core, trendy shops, playgrounds, and scenic trails with breathtaking views of the city! The condo building is simple, well maintained, with friendly neighbours and gives you maintenance free living with 1 underground parking, 1 locker, water and heating included. The condo unit is a spectacular 2 bedroom with 1 full bath, in-suite laundry, with sleek modern design and upgraded appliances, and enjoy lots of sunlight with its great location and large balcony. This condo is perfect for downsizers and first-time homebuyers that want to buy something affordable on the Mountain. With its modern design and amazing location, you will fall in love.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,107 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Other
Air Conditioning
Window Unit
Parking 1
Owned
Garage Type
Carport
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.18' x 11.15' | |
| Kitchen | Main | 7.58' x 20.01' | |
| Prim Bdrm | Main | 9.51' x 17.16' | |
| Br | Main | 14.67' x 8.33' |
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Hamilton Market Statistics
Hamilton Price Trend
893 Concession St 201 is a 2-bedroom 1-bathroom condo listed for sale at $399,777, which is $74,242 (15.7%) lower than the average sold price of $474,019 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Hamilton declined by $95,071 (16.7%) compared to the previous 30 day period (December 22 - January 20) and up $162,583 (52.2%) from the same time one year ago.Inventory Change
There were 55 2-bedroom condos listed in Hamilton over the last 30 days (January 21 - February 19), which is up 66.7% compared with the previous 30 day period (December 22 - January 20) and up 129.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Hamilton typically sold ($17,432) (3.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,738 increase compared to the previous 30 day period (December 22 - January 20) and ($8,291) 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 2-bedroom condos in Hamilton over the last 30 days (January 21 - February 19) stood at 34.5%, up from 33.3% over the previous 30 days (December 22 - January 20) and down from 150.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Hamilton stood at 45 days when successfully sold over the last 30 days (January 21 - February 19), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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