Unknown for 1249 Old Highway 8, Hamilton Ontario L0R 1Z0
55 days on Market

1249 Old Highway 8, Hamilton, Ontario L0R 1Z0

Townhouse
6
3
~3500-5000 sqft
$999,999
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Townhouse
6
3
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$242/sqft

Est. Mortgage$4,295/mo

Tax Amount (2024)$5,382/yr

Days On Market55 days


Description

A truly unique gem awaits you with this property showcasing over 4000 square feet of renovated space on a large 50 x 224 lot located on the outskirts of Cambridge, in the Village of Sheffield! Originally built in 1900 and meticulously renovated in 1999, with further updates made in 2021/22. The basement underwent excavation to install additional support beams, while the perimeter walls were sealed and painted. Updates include new vinyl siding, plumbing, electrical, drywall and insulation, windows, doors, shingles, paved driveway a shared space for coin operated laundry, ample parking and a bunkhouse with a fully finished interior. The front-right unit (Unit 1) is equipped with an exclusive basement space, spacious main floor and a large 142 x 194 loft style bedroom. Moving to the front-left unit (Unit 2) features a large family room spacious kitchen and three second floor bedrooms. The unit on the right side of the building (Unit 3) has two bedrooms, full four-piece bathroom, spacious kitchen and large living room with separate dining area. Adding to the versatility of this property, a detached garage doubles as a spacious shop, complete with an attached office/reception area an ideal setup for operating a business. Enjoy the additional advantage of commercial zoning, providing limitless possibilities. The quarter-acre lot extends beyond the shop, featuring a finished bunkhouse and ample space for storing contractor and landscaping equipment. The shop and office space offer additional revenue-generating potential.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size11,175 SqFt(223.5 x 50)
Parking Spaces16
MLS ®NumberX12077615
Community NameFlamborough
Data SourceTRREB
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Heating: Other
Fireplace
Basement: Part Fin

Features

Lot size: 11,175 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 14

Total parking spaces 16


Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage

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Market Data - Flamborough

Geo Zone Map ThumbnailFlamborough

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2024

48 days

2023

11 days

2022

12 days

New Listings

Past 30 days

26 listings

Compared to

2024

21 listings

2023

19 listings

2022

32 listings

Units sold

Past 30 days

11 units

Compared to

2024

19 units

2023

13 units

2022

14 units

Median Sold Price

Past 30 days

$798,000

Compared to

2024

$816,000

2023

$960,000

2022

$823,500


Population and Demographics

Overview

Total population 46428
Average household income $164,302

Age (%)

0 to 19
24%
50 to 64
23%
35 to 49
20%
20 to 34
17%
65 and plus
17%

Household composition (%)

Single family
80%
Single person
17%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
89%
Others
9%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget