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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSX9344383
MLSIDContact Us
Property Description
****POWER OF SALE**** This 3-bedroom, 2-bathroom property is a blank canvas, fully gutted down to the studs and awaiting your finishing touches. With a generous lot size and flexible zoning that permits both residential and various commercial uses (details on zoning available upon request), this is an incredible opportunity for developers, renovators, or investors. Ideal for those seeking forced appreciation and long-term cash flow, this project also offers huge upside for first-time homebuyers looking to customize their home and build equity. Don't miss out on this versatile investment with major potential! ~ Buyers to complete their own due diligence for zoning and permissions.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-13 | 2024-09-15 | 94 | $260,000 | - | Terminated |
| 2024-01-11 | 2024-04-11 | 91 | $299,999 | - | Terminated |
| 2024-01-11 | 2024-04-17 | 97 | $299,999 | - | Terminated |
| 2024-01-11 | 2024-04-17 | 97 | $299,999 | - | Terminated |
| 2024-01-11 | 2024-04-04 | 84 | $299,999 | - | Suspended |
| 2024-01-11 | 0001-01-01 | 72 | $299,999 | - | Suspended |
| 2023-09-19 | 2023-10-03 | 14 | $299,900 | $290,000 | Sold |
| 2021-04-01 | 2021-06-04 | 64 | $309,000 | $260,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
41' x 149'
Fronting
South
Taxes
$1,753 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Brick
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.15' x 13.78' | |
| Living | Main | 12.14' x 16.08' | |
| Dining | Main | 9.84' x 13.45' | |
| Br | 2nd | 8.86' x 9.84' | |
| Br | 2nd | 8.86' x 9.84' |
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London Market Statistics
London Price Trend
355 Hamilton Rd is a 3-bedroom 2-bathroom home listed for sale at $249,900, which is $385,369 (60.7%) lower than the average sold price of $635,269 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in London increased by $7,395 (1.2%) compared to the previous 30 day period (September 21 - October 20) and up $22,603 (3.7%) from the same time one year ago.Inventory Change
There were 232 3-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 23.9% compared with the previous 30 day period (September 21 - October 20) and up 700.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,350) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,333 decrease compared to the previous 30 day period (September 21 - October 20) and ($10,566) 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 London over the last 30 days (October 21 - November 19) stood at 91.4%, up from 63.6% over the previous 30 days (September 21 - October 20) and up from 62.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 26 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Rock Star Real Estate Inc.
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