Author Archives: kencaldwell2014

The average price in Hamilton is $540k, what does that get you in each area of Hamilton?

You hear that the average price is $540-550k, it’s always interesting to see just what that means in each area. From a townhouse in Ancaster to Century Brick in Central Hamilton check it out…

Ancaster:   17 LANDSCAPES Trail, Ancaster, L9K 0A1 $549,900Ancaster eg

Mountain:  32 Darlington Drive, Hamilton, L9C2L7  $549,800Mountain

West Hamilton:  276 HUNTER Street W, Hamilton, L8P 1S3 $549,900Hunter

Central Hamilton: 235 HOLTON Avenue S, Hamilton, L8M 2L8  $549,900holt

East Hamilton: 704 CENTRAL Avenue, Hamilton, L8K 1M4  $549,850East Ham

Stoney Creek: 162 HIGHLAND Road W, Hamilton, L8J 2S6  $549,000Highland.jpg

Waterdown: 128 HARNESWORTH Crescent, Waterdown, L0R 2H6 $549,900water

Dundas: 9 YORK Street, Dundas, L9H 1L3 $549,800Dundas

Are there still homes under a quarter million in Hamilton, Ontario?

Our friends in the US must think this headline is ludicrous. There should be lots of homes under a quarter million in a Steeltown! At this moment 4. It;s crazy but true. Southern Ontario has priced the working poor out of the housing market. No wonder we have Anarchists marching against gentrification of our city. Lets take a look what is available under a quarter million:

47 Beach Rd. $169,900

beach

Great starter or investment. Rented for $800.00/month plus utilities to 15 year tenants. Larger than it appears. New furnace 2016. Needs TLC.

47 Bigger Ave. $209,900

Bigger

CHEAPER THAN RENT, ONE BEDROOM CLOSE TO UP AND COMING COTTON MILL ON SHERMAN AVE. FEATURES UPDATED FLOORING POT LIGHTS, ROOF 2017, BATHROOM DOORS, INTERIOR DOORS, TRIM, KITCHEN, COULD HAVE FRONT PARKING ON CEMENT PAD WITH APPROVAL. ALLOW 48 HRS IRREVOCABLE. RSA. APPROX 550 SQ AS PER SELLER

25 Niagara St. $229,888

niagara

Great Investment! First Time Home Buyer Special ! This Cute Little House Will Surprise You,Don’t Let The Price Fool You, Great Value, Shows Well, Updated, State Of The Art Fridge And Stove.

600 Barnaby St. $229,888

Bigger

Calling all Investors/Handyman. Solid bungalow in need of some TLC. 2+1 beds, 1 bath, bright spacious sunroom addition off back of home, partially finished basement with extra bedroom, Side drive, deck, covered front porch, fenced yard. Att sch b & 801. RSA. 48 Hrs Irrev

Wow houses for sale in Hamilton

April 4th, 2018

Here are some of the most incredible homes for sale in the Hamilton area:

341 MOUNTSBERG Road Hamilton, $5,900,000

Mountsberg

78 Magnificent Acres surround this Spectacular Estate Property. A long tree-lined lane leads to the Custom-Designed Exec. 2 storey built in ‘ 03 with the utmost of quality. Open Concept MF. Gourmet Kit, Granite counters, open to GR with vaulted ceilings & gas FP. The LR features soaring windows and walk-outs to decks for amazing views of the ponds & great sunsets, nature at your doorstep . Main Floor Master Suite includes washer & dryer + a dressing room. Upstairs are 3 more bdrms, each with bathroom access a & 3 more rooms to function as more bdrms., offices or studies. The L/L finished for the extended family with a beautiful kit/LR, DR, 2nd Master suite w/ensuite bath, laundry rm another 2 bdrms and a another washroom. The w/o to the Terrace has vistas of the pond & countryside. This amazing property has 3 ponds, 2 swans, an Entertainment Pavilion with a wood-burning FP & is attached to the airplane hangar which has a 40’ overhead door, kitchen, his-and-hers baths & a studio loft. The 2 storey bank-barn if fully restored and extended, & currently is used to store antique cars, but could be a magnificent horse facility as well. Manicured lawns, gardens, 60 cultivated cash-crop acres, 2300’ grass runway for your private plane. This truly a paradise for the discerning buyer. Only 6 min to the 401 @ Guelph Line/Campbellville.

63 MILL Street S, Waterdown  $3,995,000

mill

Welcome to Maplebank, a unique and rarely offered property that blends tradition of the old world with modern day luxury. This Heritage Home circa 1850 is nestled on 2.5 acres and has been fully restored and boasts an addition by award winning architect Malcolm Wildeboer. All the original charm and character has been carefully and thoughtfully restored and yet it has an air of modernity that makes it truly unique. 10 foot main floor ceilings, finished in place hardwood floors, along with a chefs dream kitchen are just the beginning. Upstairs has 9 foot ceilings and there are 3 good sized bedrooms and upper level laundry. The gorgeous Master Suite has a built-in movie projection system, large walk-in closet, sumptuous ensuite and a romantic balcony overlooking the Bruce Trail. This home also features a brand new heated 3 car garage with a elevator leading to a loft upstairs and a movie theatre below that sits on a floating floor. There is an indoor pool with sliding glass doors that open in the summer and a pool house with bathroom, kitchenette and auxiliary laundry. Below there is a tunnel that connects everything to the house with heated floors so you never need to go outside. There is an outdoor kitchen as well perfect for entertaining on the charming patio that offers spectacular views. The home offers the privacy of a country home yet is minutes to downtown Waterdown, the GO Station and the 403 and QEW. It’s unlike anything you’ve seen before!

403 Queen Street S, Hamilton. $3,995,000

queen

Spectacular Georgian Estate nestled on over an acre of pristine grounds surrounded by century old trees offering privacy and tranquility. Timeless elegance abounds this stately home with features including; a grand marble foyer, magnificent three-story staircase, nine fireplaces, seven bedrooms all with ensuites. Entertaining will be a delight with the exquisite gourmet kitchen f

eaturing a 10′ island and large dining and living rooms. French doors lead you to the outdoor living oasis with outdoor kitchen and dining area along with a separate living area centered around the stone fireplace all overlooking the majestic pool and gardens. Built in 1929 the home retains much of it’s original character yet updated for the modern family. Over 8000 sqft Plus the additional 3200 sqft on the lower level includes a large rec room and gym. Three car garage and a separate entrance off Hess St. for easy access.

1019 Scenic Drive, Hamilton. $2,650,000

scenic

Scenic Drives prestige living.Capture the views with over 100 ft of frontage over looking the brow. Beautiful 3/4 acre mature treed lot with an in-ground pool creating an oasis getaway. With over 8300 sf, triple garage this estate home has many features. Step inside a welcoming grand foyer boasting a desirable centre hall. main floor offers rich dark hardwood flooring throughout, extra large office great for home based business with lots of impressive rm,bright windows & gas f/p.Grand sep dining rm w/ o/sized 8 ft windows taking in views&an added gas f/p.This opens to the impressive great rm includes fully equipped kit w/an indoor commercial BBQ. Floor to ceiling windows across entire back of home o/looking pool wrapped in stone & super private yard.Dining area & inviting fam rm + formal living rm, cozy wood burning fireplace sitting under 10 ft ceilings.Take either of 2 staircases leading up to the 2nd floor offering 4 massive bedrooms w/master retreat w/closets galore 6pc ensuite & reading rm or a nice work out rm.3 more baths totalling 4 on the 2nd flr+bedrm lvl laundry.Attached sep entrance 1000 sf Inlaw suite for the extra large family/nanny or out of town guests includes full kit,1 bdrm, lrg living rm, dining area& 4pc bath. Extra 3500 sf bsmnt w/2 staircases wide open drywalled ready for floor & ceiling to finish.Custom built w/many nice rounded features & lines. Close to a top rated private school & nearby to McMaster many amenities,great shopping & easy HWY access w/nearby Linc Pkwy.

135 Aberdeen Avenue, Hamilton $2,500,00

Aberdeen beuty

Surround yourself with architectural significance and do not miss out on this once in a lifetime chance to own a historic mansion! This home has the capacity to house a combined family, or two families living together side by side. Just think of the possibilities! Known as a ‘Royal Home’ and suitable for visiting royalty, Gateside House was built in 1905 for William Hendrie Jr by famed architect John Lyle who also designed Union Station. Rich in character and provenance at its finest, this colossal home has eight bedrooms, sitting rooms galore, two kitchens, nine fireplaces, original restored hardwood and exquisite cathedral doors throughout. Beamed 11’’ ceilings in the grand ballroom and countless original crystal chandeliers set the scene. The Durand neighbourhood has the largest concentration of early 20th century castles and mansions in all of Canada. You have to see this 10,897 SqFt home to appreciate it.

Months of inventory.

One of the best stats to look at to see the state of the Real estate market is the months of inventory. What this means is that if there were no more properties listed how long would it take to sell all the homes based on the number or rate that homes are selling right now. As you can see with the following chart there has been a massive gain in months of inventory on the market. Back in May there was less than a months worth of inventory. Since that inventory also includes properties that are less desirable it is easy to understand why every decent property was getting snapped up. Today we are over 5 months supply. This is resulting in homes staying on the market much longer, and the amount of showings slowing down. We are also seeing a willingness from sellers to accept offers conditional on selling a house, which was unimaginable in the spring. Prices have dropped since the spring by about 15%, but buyers are hesitant waiting to see whether there will be further drops in price and how the new mortgage rules will affect them and prices in the new year.

What we are seeing now is a return to a normal market. Buyers can now look around to find their ideal home as opposed to being afraid they are being pushed into a home that is not ideal by the market. Great time for buyers, not so much fun for the sellers, Ken

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