12 Cumberland Ave

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12 Cumberland Ave, Hamilton
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4
BEDROOMS
1
BATHROOMS
1
KITCHENS
8
ROOMS
X4019252
MLSID
Contact Us
Property Description
Property Is Sold Conditionally-No More Showings! Large Detached Home With Incredible Potential. Previously An Income Property - Basement Unit Has Separate Entrance. Could Be Renovated To Three Units Or Back To A Single Family Home. Original Hardwood Floors, Fireplace And Built-In Bookcase On Main Floor, Large Third Floor Loft Space.
Extras
House And All Appliances Are In "As-In" Condition.
Property Details
Community
Property Type
Detached, 2 1/2 Storey
Lot Size
31' x 107'
Fronting
West
Taxes
$2,756 (2017)
Basement
Sep Entrance, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Mutual
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
12 Cumberland Ave is a 4-bedroom 1-bathroom home listed for sale at $299,000, which is $883,435 (74.7%) lower than the average sold price of $1,182,435 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $75,990 (6.9%) compared to the previous 30 day period (February 26 - March 26) and up $46,914 (4.1%) from the same time one year ago.
Inventory Change
There were 189 4-bedroom homes listed in Hamilton over the last 30 days (March 27 - April 25), which is up 7.4% compared with the previous 30 day period (February 26 - March 26) and up 30.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($31,600) (2.7%) below asking price over the last 30 days (March 27 - April 25), which represents a $9,612 decrease compared to the previous 30 day period (February 26 - March 26) and ($15,270) 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 4-bedroom homes in Hamilton over the last 30 days (March 27 - April 25) stood at 65.1%, up from 52.8% over the previous 30 days (February 26 - March 26) and down from 71.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Hamilton stood at 20 days when successfully sold over the last 30 days (March 27 - April 25), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty, Brokerage
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Opportunity for investors, handyman or renovators looking for a great entry level project. This tidy 3 bedroom home offers great potential for anyone looking to get into the Hamilton housing market and add some sweat equity. This home is being sold as is, where is so buyers to do their own due diligence. RSA
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