25 Melrose Ave N

Gibson, Hamilton, L8L 6X3
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25 Melrose Ave N, Hamilton
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
X4163167
MLSID
Contact Us
Property Description
Spacious Early 20th Century Brick Home In A Rapidly Progressing East-End Neighbourhood Currently Undergoing Major Revitalization With New State-Of-The-Art Rec Centre Slated For 2018, New Schools& Steps From Tim Horton Field. This Grand Home Has Most Of The Original Trim Intact,Original Pocket Doors Between Lr/Dr And Leaded Glass Windows. Balcony Off The Master Bedroom, Private Side Drive For Ample Parking With A Fenced Yard And Separate Side Entrance To Bsmt
Extras
Convenient E&W Public Transit, Shopping And Dining Closeby. Easy Access To Qew And Redhill. Bathrooms With Plumbing Roughed In On 3rd Floor And Basement.
Property Features
Fenced Yard, Place Of Worship, Public Transit, Rec Centre, School, School Bus Route
Property Details
Community
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
30' x 89'
Acreage
< .50
Fronting
West
Taxes
$2,549 (2017)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Front Yard
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FoyerMain8.01' x 15.32'
KitchenMain8.01' x 11.58'
LivingMain11.25' x 15.16'
DiningMain12.66' x 14.24'
Br2nd12.66' x 11.25'
Br2nd8.01' x 11.58'
Master2nd14.99' x 11.32'
Br3rd13.68' x 17.75'
LaundryBsmt29.00' x 19.49'
UtilityBsmt19.49' x 6.50'
Hamilton Market Statistics
Hamilton Price Trend
25 Melrose Ave N is a 4-bedroom 2-bathroom home listed for sale at $389,900, which is $792,535 (67.0%) lower than the average sold price of $1,182,435 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $75,990 (6.9%) compared to the previous 30 day period (February 26 - March 26) and up $46,914 (4.1%) from the same time one year ago.
Inventory Change
There were 189 4-bedroom homes listed in Hamilton over the last 30 days (March 27 - April 25), which is up 7.4% compared with the previous 30 day period (February 26 - March 26) and up 30.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($31,600) (2.7%) below asking price over the last 30 days (March 27 - April 25), which represents a $9,612 decrease compared to the previous 30 day period (February 26 - March 26) and ($15,270) 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 4-bedroom homes in Hamilton over the last 30 days (March 27 - April 25) stood at 65.1%, up from 52.8% over the previous 30 days (February 26 - March 26) and down from 71.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Hamilton stood at 20 days when successfully sold over the last 30 days (March 27 - April 25), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd., Brokerage
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