414 Cannon St E

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414 Cannon St E, Hamilton
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3
BEDROOMS
3
BATHROOMS
3
KITCHENS
13
ROOMS
X3723964
MLSID
Contact Us
Property Description
A Great Opportunity To Own A Legal 3-Level Triplex Victorian-Era Home In Hamilton. Three Separate Units, Each With Own Access, 2 Parking Spaces In Back, And On Transit Route. Close To D/T Hamilton And New Go Station. Live In One Unit And Rent Out The Other Two, Or Lease All 3. Owned By Same Family For Generations. Fabulous Potential Or Turnkey As-Is. Due To Tenancy Showing Times Are Limited And 24 Hour Notice Required. Serious Buyers Only Please.
Property Details
Street
Community
Property Type
Triplex, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
23' x 130'
Fronting
North
Taxes
$2,448 (2017)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Radiant
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
414 Cannon St E is a 3-bedroom 3-bathroom home listed for sale at $394,000, which is $409,177 (50.9%) 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 Re/Max Real Estate Centre Inc., Brokerage
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