2125 Centre Rd Rd

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2125 Centre Rd Rd, Hamilton
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4
BEDROOMS
4
BATHROOMS
0
KITCHENS
0
ROOMS
X3898385
MLSID
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Property Description
Tomiko Training Centre - 2125 Centre Road, Flamborough ~ Totally Transformed/Updated 320 Stall Horse Training Facility - Updated Structures, Lighting, Plumbing, Decks, Fencing, Etc. - 1/2 Mile Track - 16 Paddocks ~ Tack Rooms ~ Bank Barns ~ Storage Sheds, Workshops ~ Apartments, In-Ground Pool ~ Restaurant ~ Offices ~ Www.Tomikotc.Ca/ ~ Current Cap Rate Is 9.3% (Based On 125 Horses) ~ Modest Potential Cap Rate Is 14.4% (Based On 175 Horses)
Extras
Contact Listing Agent Directly To Discuss Chattels Included
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
1,176' x 52'
Acreage
50-99.99
Lot Irregularities
51.8 Acres
Fronting
West
Taxes
$14,000 (2017)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
10
Driveway
Circular
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
2125 Centre Rd Rd is a 4-bedroom 4-bathroom home listed for sale at $2,750,000, which is $1,578,395 (134.7%) higher than the average sold price of $1,171,605 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $72,599 (6.6%) compared to the previous 30 day period (February 9 - March 9) and down $36,934 (3.1%) from the same time one year ago.
Inventory Change
There were 172 4-bedroom homes listed in Hamilton over the last 30 days (March 10 - April 8), which is up 11.7% compared with the previous 30 day period (February 9 - March 9) and up 56.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($29,469) (2.5%) below asking price over the last 30 days (March 10 - April 8), which represents a $4,476 decrease compared to the previous 30 day period (February 9 - March 9) and ($30,636) 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 4-bedroom homes in Hamilton over the last 30 days (March 10 - April 8) stood at 69.2%, up from 53.9% over the previous 30 days (February 9 - March 9) and down from 73.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Hamilton stood at 24 days when successfully sold over the last 30 days (March 10 - April 8), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Meadowtowne Realty, Brokerage
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