Re-listed 18 days ago

58 Erie Ave, Hamilton, Ontario L8N 2W6

Detached
5 + 2
3
~1869 sqft
$•••,•••
$639,900
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$6,399Cashback
Detached
5 + 2
3
~1869 sqft

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Highlights

Property Estimate

Days on market18 days

Total days on market
129 days

Estimated valueNot available

Price/Sqft$342/sqft

Monthly cost

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CMA Subject Property

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*Based on last 30 days

Description

Amazing, Cash Flow positive, 3 unit home in high-demand Stinson neighbourhood. This detached property boasts a massive 25ft W x 150ft Dzoned lot, offering exceptional value-add potential for savvy investors and developers. PRIME Location! Located 5 min drive to downtown, one of Hamilton's trendiest neighbourhood with local cafes, bars, shops, restaurants. Access to public transit and very close proximity to the upcoming LRT Line (Wentworth Stn is 600M). Rent as is, or renovate to boost rents/cashflow and force appreciation. Rarely vacant & easy to rent - an investor's dream!


Property Details

Style2.5 Storey
View-
Age of property1900
SqFt~1869 SqFt
Lot Size3,750 SqFt(150 x 25)
Parking Spaces-
MLS ®Number40768175
Community NameStinson
Data SourceITSO
Listing byRock Star Real Estate Inc.

Features

Heating: Forced Air, Natural Gas
Basement: Full, Finished

Basement Floor

Living Room

9.06 x 14.1

Kitchen

8.06 x 11.08

Bedroom Primary

7.1 x 11.09

Bedroom

8.06 x 10.03


Features

Lot size: 3,750 SqFt
Sewer (Municipal)

Market Data - Stinson

Geo Zone Map ThumbnailStinson

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

2023

33 days

2022

26 days

New Listings

Past 30 days

3 listings

Compared to

2024

1 listing

2023

0 listing

2022

4 listings

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

2 units

2022

3 units

Median Sold Price

Past 30 days

$0

Compared to

2023

$714,500

2022

$690,000


Population and Demographics

Overview

Total population 4917
Average household income $98,451

Age (%)

0 to 19
16%
20 to 34
29%
35 to 49
20%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single person
49%
Single family
42%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
83%
Others
5%
Spanish
3%
Arabic
2%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Renters
73%
Owners
27%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget