801 Main St E

Gibson, Hamilton, L8M 1L5
UNAVAILABLE
801 Main St E, Hamilton
Browsing Limit Reached
Please Register for Unlimited Access
6
BEDROOMS
3
BATHROOMS
3
KITCHENS
11
ROOMS
X3874457
MLSID
Contact Us
Property Description
Large, Turn Key Legal Triplex With Partially Finished 4th Unit Located In Sought After Gage Park Area. Excellent Positive Cashflow, Gross Annual Rent Potential Of $56,280. Great Tenants Who Love Where They Live And It Shows! 5 Hydro Meters, 4 Car Parking. This Maintenance Free, Stunningly Renovated Property With All New Mechanicals Is Close To Public Transit (New Lrt Line), Go Transit, Gage Park, And Downtown Hamilton. All New Electrical (Esa Certified)
Extras
Inclusions: 3 Fridges, 3 Stoves, 3 Dishwashers, 3 Washers, 3 Dryers
Property Details
Street
Community
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
29' x 98'
Acreage
< .50
Fronting
North
Taxes
$3,124 (2017)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain49.34' x 36.25'
KitchenMain42.68' x 16.77'
BreakfastMain42.68' x 16.57'
BrMain36.12' x 39.44'
Kitchen2nd32.87' x 33.01'
Living2nd36.09' x 52.82'
Br2nd33.04' x 29.86'
Bathroom2nd26.31' x 23.10'
Br2nd29.56' x 65.81'
Kitchen3rd39.60' x 39.73'
Living3rd55.87' x 39.57'
RecLower92.16' x 65.65'
Hamilton Market Statistics
Hamilton Price Trend
801 Main St E is a 6-bedroom 3-bathroom home listed for sale at $719,000, which is $366,575 (33.8%) lower than the average sold price of $1,085,575 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 6 bedroom home in Hamilton declined by $473,996 (30.4%) compared to the previous 30 day period (February 24 - March 24) and up $525,609 (93.9%) from the same time one year ago.
Inventory Change
There were 7 6-bedroom homes listed in Hamilton over the last 30 days (March 25 - April 23), which is down 63.2% compared with the previous 30 day period (February 24 - March 24) and down 12.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold ($38,618) (3.6%) below asking price over the last 30 days (March 25 - April 23), which represents a $15,510 increase compared to the previous 30 day period (February 24 - March 24) and ($23,266) 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 6-bedroom homes in Hamilton over the last 30 days (March 25 - April 23) stood at 57.1%, up from 36.8% over the previous 30 days (February 24 - March 24) and up from 37.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (March 25 - April 23), compared to 87 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Complete Realty, Brokerage
Similar Listings
155 Stirton St, Hamilton
5+1
BEDS
3
BATHS
$749,500
FOR SALE
Welcome To This Exceptional 2.5 Storeys Large Detached Spacious 5 Bdrms Home. Upgraded Throughout this is an Amazing Opportunity For First Time Homebuyers, Lg Young Families, Investors. Basement Has Separate Side Entrance That Opens Up Possibilities. Mutual Driveway And Side Door To Newly Fenced Private Sun-filled Backyard. House Facing Powell Park & Community Centre W/Its Open Space In The Mid Century Hub Of Hamilton. Close To Many Amenities, Delicatessens, Cafes, Ethnic Restaurants & Grocery Stores, Library, Boutique Shops & Centre Mall, Hospital, Park and Public Transit.
487 Cannon St E, Hamilton
5+1
BEDS
4
BATHS
$730,000
FOR SALE
Welcome to this meticulously maintained 4-unit property offering exceptional investment potential. With gross rental income of over $51k/year, income has increased while expenses have been reduced from the previous years. Each unit boasts comfortable living with 3 - 1 bedroom apartments and 1-2bedroom unit. Enjoy this turn-key and hassle-free investment with great tenants that are currently paying market rents providing a cash flow positive investment. Many recent updates including a new roof and fence in 2018, interior waterproofing, new concrete walkway, many windows replaced/repaired, plumbing updates, some new doors, tree trimming etc. Please see attachments for a complete list of recent updates. With extensive maintenance completed and tenants in good standing, this property offers a turnkey investment opportunity for savvy investors seeking long-term cashflow and appreciation. Potential upside on interior cosmetic updates. Financials attached. Offers welcome any time!
46 Garfield Ave S, Hamilton
5+1
BEDS
3
BATHS
$709,900
FOR SALE
Charming double brick Victorian home w/5+1 bedrooms, 2.5 bathrms, self-contained basement apartment, 2-car parking, fenced backyard oasis, rear alley, large covered porch, 9 ceilings on main lvl, open & bright living/dining, updated kitchen w/granite counters, 2nd&3rd-floor bedrms, 2nd flr laundry, in-law suite, many recent updates! Ideal for family living, rental income, or extra room for family & guests. Proximity to LRT stop and Gage Park.
103 Grant Ave, Hamilton
5
BEDS
3
BATHS
$799,900
FOR SALE
Stinson area amazing value, renovated legal 2 family detached 2.5 storey home. LEGAL DUPLEX in highly desirable Stinson neighborhood. Unit 1 - main floor (1 bed 1 bath). Unit 2 - Upper 2 level with large loft( 3 bed 2 bath with loft)This legal Duplex is turnkey with load of updates. Each unit has a nice sized kitchen with brand new SS stove & refrigerator(2023) High end hardwood flooring throughout(2023). Updated forced air gas heating (2023) with newer furnace. Brand new insulation done in loft level (2023), roof shingles (2022), owned hot water tank (newer), Separate laundry set up in each unit. Fully fenced Private backyard. Separate hydro meters. INVESTORS potential 6% cap rate in this turnkey property. Main floor unit rented to AAA tenants. Upper unit in high rental demand is vacant. For Buyers who would like to live in this hip area in larger upper unit, take advantage of additional income, fantastic tenants at the property on main floor to assist with mortgage payment. Don't miss out to secure a lovely home in the heart of downtown close to financial district, entertainment area. LRT to be at your door step with direct connection to Hamilton GO. Take advantage of the great value before property price jump, imminent in the Hamilton core.
424 West 5th St, Hamilton
5+2
BEDS
3
BATHS
$819,900
FOR SALE
Open concept 4 level sidesplit detached house on a large lot (55 x 124) just steps to MohawkCollege. 4 minutes drive to Lincoln M. Alexander Pkw. Close to shoppings, schools and allamenities. 7 bedrooms, 3 bathrooms, 2 kitchens. Separate entrances to self contained bachelor unit &to basement. Lower level and basement are currently rented for $2,500 a month.
17 Barnesdale Ave N, Hamilton
5
BEDS
2
BATHS
$749,900
FOR SALE
Solid 2.5 storey brick home situated in great central location. Lots of character and charm throughout this century home. Main floor features cozy living room w/potential gas fireplace & spacious dining room. Kitchen has separate eating area & walk-out to back. Rare & unique dual entry staircase leading up to the second floor. 3 good sized bedrooms & 3 pc main bathroom w/separate storage den. Top floor has an additional 2 decent sized bedrooms. Finished basement w/separate side entrance & 3 pc bath. Fully fence backyard w/single car detached garage from private laneway, Single parking spot in the front. Walking distance to bus route, stores & stadium. Close to parks, hospital and all major amenities.
133 Auburn Ave, Hamilton
5
BEDS
2
BATHS
$749,900
FOR SALE
Welcome to 133 Auburn Ave, Hamilton! This charming 2-storey home has been meticulously by its original owner, showcasing pride of ownership at every turn. With a thoughtful second-storey addition, this home now boasts a generous 1975 square feet of living space. Step inside to discover a total 5 bedrooms, including 2 on the main floor, offering flexibility for various living arrangements. The upstairs has been completely renovated, featuring brand new flooring, trim, and paint, creating a fresh and modern feel throughout. The main level offers a large family room, perfect for gatherings and relaxation, along with an eat-in-kitchen, ideal for family meals or entertaining guests. New windows ensure energy efficiency & brightness. Modern electrical panel & pot lights enhance elegance. Private backyard with concrete patio offers serene outdoor space. Roof replaced in 2021 for peace of mind & durability.
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
1278565879