4 Madison Ave

Gibson, Hamilton, L8L 5Y3
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4 Madison Ave, Hamilton
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4
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
9
ROOMS
X4134411
MLSID
Contact Us
Property Description
Rare Find 2 Units Detached Home With 2 Parking Spaces Located In Hamilton Downtown Core. Fresh Painted 3 Bedrooms Separated Entrance Upper Unit With Washroom And Kitchen For Your Rental Income. 2 Bedrooms High Ceiling Main Floor Unit With Extra Large Ding/Living Space And Huge Basement Storage Space. Owned Hot Water Tank, Separate Hydro Meter For Each Unit. Close To Library, Recreation Center, School, Tim Horton Field, Hospital And Public Transit.
Extras
2 Fridges, 2 Stoves, Washer, Dryers, Rough In Sump Pump (All Appliances Sold As-Is). For Video Information: Https://Www.Youtube.Com/Watch?v=ml8Luotqndk&Feature=youtu.Be
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
26' x 100'
Acreage
< .50
Fronting
East
Taxes
$1,788 (2017)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain11.15' x 14.17'Hardwood Floor, Combined W/Living
LivingMain12.24' x 13.25'Hardwood Floor, Combined W/Dining, Picture Window
BrMain7.91' x 13.81'Laminate, O/Looks Garden
BrMain6.43' x 13.81'Laminate, O/Looks Garden
Kitchen2nd7.09' x 10.50'Laminate, O/Looks Garden, W/O To Garden
Br2nd10.01' x 12.93'Laminate, Picture Window
Br2nd9.09' x 10.60'Laminate
Br2nd10.01' x 10.83'Laminate, O/Looks Backyard
Hamilton Market Statistics
Hamilton Price Trend
4 Madison Ave is a 4-bedroom 2-bathroom home listed for sale at $384,999, which is $795,463 (67.4%) lower than the average sold price of $1,180,462 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $51,714 (4.6%) compared to the previous 30 day period (February 25 - March 25) and up $42,667 (3.7%) from the same time one year ago.
Inventory Change
There were 187 4-bedroom homes listed in Hamilton over the last 30 days (March 26 - April 24), which is up 10.0% compared with the previous 30 day period (February 25 - March 25) and up 35.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($32,680) (2.8%) below asking price over the last 30 days (March 26 - April 24), which represents a $9,739 decrease compared to the previous 30 day period (February 25 - March 25) and ($15,479) 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 26 - April 24) stood at 66.3%, up from 51.8% over the previous 30 days (February 25 - March 25) 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 25 days when successfully sold over the last 30 days (March 26 - April 24), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real One Realty Inc., Brokerage
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