125 West 5th St

Mohawk, Hamilton, L9C 3N7
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125 West 5th St, Hamilton
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7
BEDROOMS
3
BATHROOMS
3
KITCHENS
11
ROOMS
X3659111
MLSID
Contact Us
Property Description
Great Investment Directly Across From Mohawk College And St. Joseph Hospital. This Property Is Been Totally Renovated Top To Bottom. New Windows, 3 New Kitchens, Doors, Floors, Every Unit Has Laundry. Owner Lives On 2nd Floor 3 Bedroom Apartment, Main Floor $1450 And Basement $1350
Extras
All Elf's, 3 Stoves, 3 Fridges, 3 Dishwashers, 3 Washer/Dryers.
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
44' x 90'
Fronting
East
Taxes
$3,000 (2016)
Basement
Apartment
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
125 West 5th St is a 7-bedroom 3-bathroom home listed for sale at $799,000, which is $201,000 (20.1%) lower than the average sold price of $1,000,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 7 bedroom home in Hamilton increased by $23,400 (2.4%) compared to the previous 30 day period (February 26 - March 26) and down $50,000 (4.8%) from the same time one year ago.
Inventory Change
There were 3 7-bedroom homes listed in Hamilton over the last 30 days (March 27 - April 25), which is down 25.0% compared with the previous 30 day period (February 26 - March 26) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
7-bedroom homes in Hamilton typically sold $1 (0.0%) above asking price over the last 30 days (March 27 - April 25), which represents a $62,401 increase compared to the previous 30 day period (February 26 - March 26) and ($65,000) 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 7-bedroom homes in Hamilton over the last 30 days (March 27 - April 25) stood at 100.0%, up from 25.0% over the previous 30 days (February 26 - March 26) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 3-bathroom home in Hamilton stood at 59 days when successfully sold over the last 30 days (March 27 - April 25), compared to 100 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc., Brokerage
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