319 Cannon St E

UNAVAILABLE
319 Cannon St E, Hamilton
Browsing Limit Reached
Please Register for Unlimited Access
7
BEDROOMS
3
BATHROOMS
2
KITCHENS
9
ROOMS
X3988168
MLSID
Contact Us
Property Description
Investor Alert: 9.8% Cap Rate. Semi-Detached 2.5 Storey Brick Rooming House In Downtown Hamilton. Updated Plumbing & Wiring. New 3/4" Copper Water Service 2014. New Exterior Doors 2016. Most Windows Replaced 2017. New Eavestrough & Furnace 2017. New Led Lighting In Common Area 2017.
Property Details
Street
Community
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
21' x 70'
Acreage
< .50
Fronting
North
Taxes
$1,621 (2017)
Basement
Full, Unfinished
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
319 Cannon St E is a 7-bedroom 3-bathroom home listed for sale at $399,900, which is $600,100 (60.0%) lower than the average sold price of $1,000,000 in the last 30 days (March 25 - April 23). 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 24 - March 24) and down $50,000 (4.8%) from the same time one year ago.
Inventory Change
There were 4 7-bedroom homes listed in Hamilton over the last 30 days (March 25 - April 23), which is up 33.3% compared with the previous 30 day period (February 24 - March 24) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
7-bedroom homes in Hamilton typically sold $1 (0.0%) above asking price over the last 30 days (March 25 - April 23), which represents a $62,401 increase compared to the previous 30 day period (February 24 - March 24) 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 25 - April 23) stood at 75.0%, up from 33.3% over the previous 30 days (February 24 - March 24) 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 25 - April 23), compared to 100 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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
1278599072