88 Stroud Rd

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88 Stroud Rd, Hamilton
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7 + 3
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 2
ROOMS
X3555477
MLSID
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Property Description
Supper Cash Printer!!!Potential Rent Over $4000.Step To Macmaster University And Columbia International College.Many Updated Within 18 Months.Large 7+3 Bedrooms,2 Kitchens, 3 Full Bathrooms,Clean And Tidy.Private Drive Way And Large Backyard Perfect Suit For Both Family Home And Investment.Don't Lose The Chance.Rsa
Extras
Includ 3 Fridges,2 Stoves,Washer & Dryer
Property Features
Park, Public Transit, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
53' x 98'
Fronting
West
Taxes
$5,768 (2016)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
MasterGround13.78' x 13.45'
2nd BrGround10.83' x 13.45'
3rd BrGround11.48' x 10.99'
4th BrGround10.01' x 10.99'
5th BrGround9.51' x 9.35'
BrGround13.12' x 9.51'
BrGround18.04' x 11.48'
BrBsmt10.17' x 17.88'
BrBsmt8.96' x 22.97'
BrBsmt12.80' x 21.75'
Hamilton Market Statistics
Hamilton Price Trend
88 Stroud Rd is a 7-bedroom 3-bathroom home listed for sale at $799,900, which is $200,100 (20.0%) lower than the average sold price of $1,000,000 in the last 30 days (March 26 - April 24). 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 25 - March 25) and down $50,000 (4.8%) from the same time one year ago.
Inventory Change
There were 4 7-bedroom homes listed in Hamilton over the last 30 days (March 26 - April 24), which is up 33.3% compared with the previous 30 day period (February 25 - March 25) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
7-bedroom homes in Hamilton typically sold $1 (0.0%) above asking price over the last 30 days (March 26 - April 24), which represents a $62,401 increase compared to the previous 30 day period (February 25 - March 25) 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 26 - April 24) stood at 75.0%, up from 33.3% over the previous 30 days (February 25 - March 25) 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 26 - April 24), compared to 100 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc., Brokerage
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Welcome to 129 Whitney Avenue, the perfect investment opportunity for those seeking steady rental income in a prime location! Just a 15-minute walk from McMaster University, this property offers exceptional earning potential.This property features 8 bedrooms and 4 bathrooms (with 2 tenants per bathroom), as well as 2 kitchens, with over $5000 in monthly rental income and projections to exceed $6000, generates a robust $47,700 of NOI.Consistently in high rental demand, this property's favourable bathroom-to-tenant ratio and spacious layout attract top-quality tenants year after year. Whether you're a seasoned investor or new to the market, this property offers a fantastic opportunity to grow your portfolio.
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