173 Prospect St S

UNAVAILABLE
173 Prospect St S, Hamilton
Browsing Limit Reached
Please Register for Unlimited Access
3 + 1
BEDROOMS
3
BATHROOMS
3
KITCHENS
7
ROOMS
X3956735
MLSID
Contact Us
Property Description
Priced To Sell! Located Just Steps From Gage Park, This Triplex Offers Exceptional Income Potential And The Opportunity To Drastically Increase Equity Through Renovations. The Home Can Be Maintained As A Triplex Or Be Converted To A Single Family Home. This Incredible Property Offers Ample Parking And Has Three, One Bedroom Units With Their Own Kitchens And Bathrooms. Main Floor Unit Can Be Easily Converted Back To A Two Bedroom Unit.
Extras
Units Currently Lived In By Owner And Owner's Family. Vacant Possession Available. Invest In Your Future And Increase Your Net Worth By Taking Advantage Of This Rare Opportunity.
Property Details
Community
Property Type
Detached, 2 1/2 Storey
Lot Size
33' x 110'
Fronting
East
Taxes
$2,949 (2017)
Basement
Half, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FamilyMain47.57' x 46.59'
KitchenMain32.48' x 45.93'
DiningMain32.81' x 41.99'
BrMain32.81' x 36.09'
Kitchen2nd25.92' x 31.82'
Br2nd32.81' x 34.12'
Living2nd42.65' x 45.93'
Bathroom2nd22.97' x 36.09'4 Pc Bath
Kitchen3rd22.97' x 36.09'
Br3rd31.50' x 51.18'
Hamilton Market Statistics
Hamilton Price Trend
173 Prospect St S is a 3-bedroom 3-bathroom home listed for sale at $369,900, which is $433,277 (53.9%) lower than the average sold price of $803,177 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $50,327 (6.7%) compared to the previous 30 day period (January 28 - February 26) and up $21,552 (2.8%) from the same time one year ago.
Inventory Change
There were 305 3-bedroom homes listed in Hamilton over the last 30 days (February 27 - March 27), which is up 34.4% compared with the previous 30 day period (January 28 - February 26) and up 33.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($9,128) (1.1%) below asking price over the last 30 days (February 27 - March 27), which represents a $5,767 increase compared to the previous 30 day period (January 28 - February 26) and ($8,111) 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 3-bedroom homes in Hamilton over the last 30 days (February 27 - March 27) stood at 73.8%, down from 80.6% over the previous 30 days (January 28 - February 26) and down from 95.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Hamilton stood at 21 days when successfully sold over the last 30 days (February 27 - March 27), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Complete Realty, Brokerage
Similar Listings
213 Grace Ave, Hamilton
3
BEDS
3
BATHS
$425,000
FOR SALE
INCREDIBLE VALUE IN THE LAND! ISSUED TRANSFERABLE PERMITS FOR A LEGAL DUPLEX PLUS ADU! Three total units across 2200 square feet! 213 Grace Avenue is a corner lot situated in the ever growing Parkview neighbourhood of Hamilton's lower east end steps to new construction, amenities & easy highway access. This parcel is set to be built on! Approved for a 2 storey, 1200 square foot 3bed, 2.5bath main structure with a legal 1 bed, 1 bath basement unit (600 square feet). The kicker, an approved 1bed, 1bath accessory dwelling unit! Great cash flow triplex approach or even better live and rent!
133 Lottridge St, Hamilton
3+1
BEDS
2
BATHS
$399,000
FOR SALE
Discover Your Dream Home in Hamilton! A Stunning Detached Gem Awaits! 3+1 Bedrooms, 2 Luxurious Baths Completely Renovated! Experience the Open Concept Bliss of the Main Floor, Boasting a Custom Kitchen with Quartz Counters, Gorgeous Backsplash, and Stainless Steel Appliances! Step Out to Your Own Private Backyard Oasis! Embrace the Cool Loft Space Perfect for Play or Productivity! Chic Black Hardware, Sleek Laminate Floors, Fresh Paint, and Abundant Natural Light. This Home Has It All! Act Fast Your Dream Home Awaits!
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1271653342