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BEDROOMS3
BATHROOMS3
KITCHENS11
ROOMSX3659111
MLSIDContact 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
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Extras
All Elf's, 3 Stoves, 3 Fridges, 3 Dishwashers, 3 Washer/Dryers.
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Property Details
Street
Community
City
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
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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
Similar Listings
Welcome to 129 Whitney Avenue, the perfect investment opportunity for those seeking steady rental income in a prime location! Just a 15-minute walk from McMaster University, this property offers exceptional earning potential.This property features 8 bedrooms and 4 bathrooms (with 2 tenants per bathroom), as well as 2 kitchens, with over $5000 in monthly rental income and projections to exceed $6000, generates a robust $47,700 of NOI.Consistently in high rental demand, this property's favourable bathroom-to-tenant ratio and spacious layout attract top-quality tenants year after year. Whether you're a seasoned investor or new to the market, this property offers a fantastic opportunity to grow your portfolio.
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