463 Mohawk Rd W
Westcliffe, Hamilton, L9C 1X3
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Property Description
Excellent Price For A 50X200 Lot!! Stucco House In Aaa Location. Expand/ Build Or Simply Enjoy The Huge Backyard. Attn: Investors - Excellent Income Opportunity. Live On Top And Rent Basement For Additional Income. High Demand Location. Close To Major Hwy's. Close To Mohawk College, St Joseph Healthcare Etc. Great Time To Invest In Hamilton. Great Family Location.
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Extras
Attn Developers: Option To Buy Adjacent House At 459 Mohawk Road West - Another Income Property, 50X200 Lot Size. Own 100 Ft Frontage On Mohawk Road West. Half Acre Development Site. No Holding Cost - Potential Rent Of $3,000 For Each Ppty
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 200'
Acreage
< .50
Fronting
West
Taxes
$2,400 (2017)
Basement
Apartment, Finished
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Detached
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Hamilton Market Statistics
Hamilton Price Trend
463 Mohawk Rd W is a 2-bedroom 3-bathroom home listed for sale at $549,000, which is $191,162 (25.8%) lower than the average sold price of $740,162 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom home in Hamilton increased by $67,956 (10.1%) compared to the previous 30 day period (February 26 - March 26) and up $4,762 (0.6%) from the same time one year ago.Inventory Change
There were 74 2-bedroom homes listed in Hamilton over the last 30 days (March 27 - April 25), which is up 39.6% compared with the previous 30 day period (February 26 - March 26) and up 7.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hamilton typically sold ($7,120) (1.0%) below asking price over the last 30 days (March 27 - April 25), which represents a $803 increase compared to the previous 30 day period (February 26 - March 26) and $3,107 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 2-bedroom homes in Hamilton over the last 30 days (March 27 - April 25) stood at 83.8%, down from 111.3% over the previous 30 days (February 26 - March 26) and down from 89.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Hamilton stood at 19 days when successfully sold over the last 30 days (March 27 - April 25), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Zolo Realty, Brokerage
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