123 Melrose Ave N

Stripley, Hamilton, L8L 6X5
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123 Melrose Ave N, Hamilton
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
X3679866
MLSID
Contact Us
Property Description
Lovely 2 Storey Detached Family Home In An Up And Coming Neighbourhood By The New Tim Horton Stadium. Honeywell Programmable Thermostat, Helps Effectively Regulating Indoor Temperature To Save On Energy Costs. Charming Original Stained Glass Windows. Newer Laminate Through Out The House, No Carpet. Sun Room At The Rear Of The House Leading A Large Detached Storage Shed In The Fully Fenced Backyard.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-11 2023-05-11 0 $529,000 $535,000 Sold
Extras
Originally 3 Bdrms, Has Been Converted Into 2 Large Bdrms Which Can Be Easily Converted Back To 3 Bdrms. Recent Updates Includes Newer Kitchen Cabinets & Countertops, Furnace, Central Air Conditioning, Newer Windows & Roof, Updated Elec.
Property Features
Fenced Yard, Hospital, Library, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
26' x 103'
Fronting
North
Taxes
$2,050 (2016)
Basement
Part Fin, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain36.09' x 39.37'Laminate
DiningMain32.81' x 42.65'Laminate
KitchenMain32.81' x 32.81'Backsplash
Master2nd39.37' x 52.49'Laminate
2nd Br2nd32.81' x 39.37'Laminate
Hamilton Market Statistics
Hamilton Price Trend
123 Melrose Ave N is a 2-bedroom 2-bathroom home listed for sale at $274,900, which is $398,778 (59.2%) lower than the average sold price of $673,678 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom home in Hamilton increased by $28,854 (4.5%) compared to the previous 30 day period (January 28 - February 26) and up $34,563 (5.4%) from the same time one year ago.
Inventory Change
There were 52 2-bedroom homes listed in Hamilton over the last 30 days (February 27 - March 27), which is down 18.8% compared with the previous 30 day period (January 28 - February 26) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($8,058) (1.2%) below asking price over the last 30 days (February 27 - March 27), which represents a $9,359 decrease compared to the previous 30 day period (January 28 - February 26) and ($16,208) 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 2-bedroom homes in Hamilton over the last 30 days (February 27 - March 27) stood at 117.3%, up from 89.1% over the previous 30 days (January 28 - February 26) and down from 131.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Hamilton stood at 24 days when successfully sold over the last 30 days (February 27 - March 27), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage West Realty Group Ltd., Brokerage
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