94 Glenmount Ave
Ainslie Wood, Hamilton, L8S 2L7
FOR SALE
$869,000
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3 + 4
BEDROOMS2
BATHROOMS1
KITCHENS5 + 5
ROOMSX11905943
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Property Description
** Investment opportunity ** Rental revenue from 7 bedroom Student Rental, licensed with the City of Hamilton. Walk to McMaster University. Large corner lot with 2 driveways (4 car parking) + large yard w/ potential for addition or ADU. 1275 sq.ft features 7 bedrooms & 2 bathrooms plus a stand alone shower room for convenience. Ample main floor common space & spacious kitchen with 2 fridges. Huge loft principal bedroom, 2 main floor bedrooms & 4 in basement. Upgrades: Basement egress window ('21), renovated tiled shower room ('22), new heat pump (23'), forced air furnace ('23). Potential for increased rental revenue, investors package is available including current income & expenses. Vacant possession is available in May 2025.
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Property Features
Golf, Hospital, Library, Park, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
35' x 107'
Acreage
< .50
Fronting
South
Taxes
$5,425 (2024)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 13.22' x 13.35' | |
Kitchen | Ground | 11.58' x 9.51' | |
Dining | Ground | 15.81' x 14.17' | |
Br | Ground | 11.58' x 9.61' | |
Br | Ground | 13.32' x 9.55' | |
Bathroom | Ground | 6.69' x 4.99' | |
Br | Upper | 10.76' x 34.84' | |
Br | Bsmt | 9.32' x 12.53' | |
Br | Bsmt | 12.99' x 9.02' | |
Br | Bsmt | 9.32' x 12.53' | |
Br | Bsmt | 8.63' x 11.98' | |
Rec | Bsmt | 22.21' x 11.12' |
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Hamilton Market Statistics
Hamilton Price Trend
94 Glenmount Ave is a 3-bedroom 2-bathroom home listed for sale at $869,000, which is $108,757 (14.3%) higher than the average sold price of $760,243 in the last 30 days (December 8 - January 6). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $2,279 (0.3%) compared to the previous 30 day period (November 8 - December 7) and down $23,142 (3.0%) from the same time one year ago.Inventory Change
There were 90 3-bedroom homes listed in Hamilton over the last 30 days (December 8 - January 6), which is down 66.7% compared with the previous 30 day period (November 8 - December 7) and down 2.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($18,303) (2.4%) below asking price over the last 30 days (December 8 - January 6), which represents a $59 decrease compared to the previous 30 day period (November 8 - December 7) and ($31,491) 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 (December 8 - January 6) stood at 192.2%, up from 89.6% over the previous 30 days (November 8 - December 7) and up from 126.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 40 days when successfully sold over the last 30 days (December 8 - January 6), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Signature Realty, Brokerage
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