4 West Avenue North - Opinion of Value

Page 1

Comparable Market Analysis

4 West Ave. N., Hamilton, ON

In response to your request for an evaluation, as a practicing real estate salesperson I am establishing Market Value for Listing purposes

Value is established, for the property at 4 West Avenue North. as of this dated letter.

Date: June 18, 2023 Market Value: $799,900 (+/- 3%)

There are limiting conditions and assumptions connected with this evaluation done by the herein sales representative:

- It is assumed any MLS® data used is reliable and correct

- The client will not circulate or expose information provided herein without prior approval of the writer

- Any update expected must be requested in writing

- If the herein sales representative is required in a court of law, in relation to this evaluation, the court cost will be $350 per hour.

Please find enclosed some general information about the process of selling real estate. If you have any other questions about preparing your home to ensure that you get the top price the market will bring in, please feel free to contact me. I look forward to helping you with all of your real estate needs and ensuring that you get the best price and terms on the sale of your property!

Sincerely,

Royal LePage State Realty, Brokerage

P. (905) 574-7441

F. (905) 662-2227

www.LiveInHamilton.ca

Brief Summary of Comparable Properties

A brief summary of the subject and comparable properties in this market analysis

Subject Property: 4 WEST Avenue, Hamilton, L8L 5B8 June 20, 2023
Address L/S Price Beds Baths SqFt Tot MLS# DOM Status Dt Sub Type Status: Active 4 WEST Avenue Freehold 3 3/0 5 Units 267 CATHARINE Street $899,900 H4164793 5/30/23 0/0 3,009 21 Duplex - Up/Down 53 William Street $699,900 H4164606 5/26/23 0/0 1,650 25 2,330 $799,900 Average 23 Address L/S Price Beds Baths SqFt Tot MLS# DOM Status Dt Sub Type Status: Sold 4 WEST Avenue Freehold 3 3/0 Duplex - Up/Down 372 Mary Street $880,000 H4159883 4/9/23 0/0 1,466 6 Duplex - Up/Down 476 Ferguson Avenue $735,000 H4157982 3/24/23 0/0 608 16 1,037 $807,500 Average 11 Summary Status Total Avg $ Per Sq.Ft. Avg Price Avg DOM High Low Median Active 2 $799,900 $799,900 $699,900 $899,900 $361.63 23 Sold 2 $807,500 $807,500 $735,000 $880,000 $904.58 11 $803,700 $807,500 $699,900 4 $899,900 Total $633.10 17 Researched and prepared by Michael Heddle Royal LePage State Realty This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice

Price Adjustments

The subject property vs comparable properties.

2023
Subject Property: 4 WEST Avenue, Hamilton, L8L 5B8 June
20,
MLS#® List Date 4/12/2006 List Price Status Residential Prop Type Freehold Sub Type Trans Type Sale Region Hamilton Munic/Area Hamilton Centre (14) Nbrd/SubArea Beasley (140) # Rooms 10 Basement Full Parking 0 Garage - / Other (see Remarks) Acres/Range less than .50 SqFt/Range Lot Frontage 25.42 YrBuilt/Age less than .50 Taxes/Year $2,292 Total # Units Heat Source Gas Heat Type Forced Air Air Condtn Yes / Central Air Sold Date $175,000 Sold Price DOM 175 Bsmnt Finish Unfinished Frontage 25.42 Depth 110.67 Price Total Adjustments Adjusted Price 267 CATHARINE Street H4164793 05/30/2023 $899,900 Active Multi-Residential 5 Units Sale Hamilton Hamilton Centre (13) Beasley North (134) Full - Unfinished 10 3,009 66.00 x 78.35 1910 / 100+ Years $7,461 4 Electric, Gas Hot Water 21 Unfinished 66.00 78.35 $899,900 53 William Street H4164606 05/26/2023 $699,900 Active Multi-Residential Duplex - Up/Down Sale Hamilton Hamilton Centre (13) Beasley North (134) Full - Fully Finished - Separate Entrance, Walk-Up 3 1,650 24.08 x 80.00 1903 / 100+ Years $2,636 3 Gas Forced Air 25 Fully Finished 24.08 80.00 $699,900 Researched and prepared by Michael Heddle Royal LePage State Realty This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice
4 WEST Avenue

Price Adjustments

The subject property vs comparable properties.

2023
Subject Property: 4 WEST Avenue, Hamilton, L8L 5B8 June
20,
MLS#® List Date 4/12/2006 List Price Status Residential Prop Type Freehold Sub Type Trans Type Sale Region Hamilton Munic/Area Hamilton Centre (14) Nbrd/SubArea Beasley (140) # Rooms 10 Basement Full Parking 0 Garage - / Other (see Remarks) Acres/Range less than .50 SqFt/Range Lot Frontage 25.42 YrBuilt/Age less than .50 Taxes/Year $2,292 Total # Units Heat Source Gas Heat Type Forced Air Air Condtn Yes / Central Air Sold Date $175,000 Sold Price DOM 175 Bsmnt Finish Unfinished Frontage 25.42 Depth 110.67 Price Total Adjustments Adjusted Price 372 Mary Street H4159883 04/03/2023 $879,999 Sold Multi-Residential Duplex - Up/Down Sale Hamilton Hamilton Centre (13) North End (132) Full - Unfinished - Separate Entrance 3 1,466 24.00 x 100.00 - / 100+ Years $3,138 2 Gas Forced Air 05/29/2023 $880,000 6 Unfinished 24.00 100.00 $880,000 476 Ferguson Avenue H4157982 03/08/2023 $749,000 Sold Multi-Residential Duplex - Up/Down Sale Hamilton Hamilton Centre (13) North End (132) Full - Fully Finished - Separate Entrance 2 608 27.99 x 45.08 - / 51-99 Years $2,414 2 Gas Forced Air 05/01/2023 $735,000 16 Fully Finished 27.99 45.08 $735,000 Researched and prepared
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice
4 WEST Avenue
by Michael Heddle Royal LePage State Realty

Client Full CMA Report UnderContract

Listing Brokerage: RE/MAX Escarpment Realty Inc.

Client Remarks:

ATTENTION INVESTORS! 5-plex building with multiple uses and plenty of parking. Great street presence at the corner of Barton and Catharine. Main floor convenience store on lease until September 2024. Main floor 1-bedroom apartment. Main floor bachelor apartment. 2x1 bedroom apartments on 2nd level. All occupied with good tenants who pay on time. Building is in great shape. All units on separate hydro meters. Additional income from rented parking spots. Don’ t be TOO LATE*! *REG TM. RSA.

Researched and prepared by This

6/20/2023
267 CATHARINE Street N , Hamilton, Ontario L8L 4T4 Status : MLS® #: H4164793 Active Region : Hamilton Property Type: Multi-Residential Sub Type: 5 Units Muicipality : Hamilton Centre (13) Neighbourhoo d: Beasley North (134) L Price: $899,900 Transaction: Sale Style: 2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 100+ Years Sq Ft: 3,009 Fronting On: East Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 66.00 78.35 Irregular Taxes: 7,460.70 Cross Street: Barton Street E Directions : Barton Street E to Catharine Street North Property Details - Exterior Water Source: Type: Foundation : Amps: Concrete Block, Poured Concrete Detached Location : Urban Year Built: 1910 Acres: Pool: Shingles Rplc: LBO provided Municipal Driveway/Park Spcs: Area Influences: 10 Garage/Parking : None Garage Spacs: 0 Exterior Finish: Brick Driveway : Asphalt Property DetailsInterior Basemt Size: Basemt Finish: Heat Source: A/C Type: Rental Items: Interior Features: Room Name Level L/W/H Imperial Heat Type: Unfinished Full Electric, Gas Hot Water Condo Fee: Included In Fees: Inclusions: Exclusions: None Laundry Access: None Pet Permit: Locker: Roof Type: Asphalt Shingle Sq Ft/Src: 4x Stove, 4x fridge, one washer, one dryer Retail chattles DOM: Commence Date: Selling Date: 05/30/2023 21 None
is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2023.
Michael Heddle

Listing Brokerage: RE/MAX Escarpment Realty Inc.

Client Remarks:

Legal duplex with metal fire escape and 2 hydro meters plus non-conforming basement unit. Upper 2 bedroom unit (vacant) is newly renovated with laminate flooring throughout, updated kitchen and bath & fresh paint. Main floor 1 bedroom unit is currently rented for $1,400/mth. Market rent for upper unit is $2,300/mth. Parking for 3 cars with 1 in front and 2 at rear. Roof shingles were replaced in 2013. New furnace in 2019. Walking distance to Hamilton General Hospital. RSA

Researched and prepared by

Michael Heddle

This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2023.

6/20/2023
UnderContract 53 William Street , Hamilton, Ontario L8L 5T6 Status : MLS® #: H4164606 Active Region : Hamilton Property Type: Multi-Residential Sub Type: Duplex - Up/Down Muicipality : Hamilton Centre (13) Neighbourhoo d: Beasley North (134) L Price: $699,900 Transaction: Sale Style: 2 1/2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 100+ Years Sq Ft: 1,650 Fronting On: West Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 24.08 80.00 Rectangular Taxes: 2,636.04 Cross Street: Barton Street Directions : From Barton Street East, One block West of Wentworth Street North , William Street is on North Property Details - Exterior Water Source: Type: Foundation : Amps: Stone Detached Location : Urban Year Built: 1903 Acres: Pool: Shingles Rplc: 2013 LBO provided Municipal Driveway/Park Spcs: Area Influences: Hospital, Library, Park, Place of Worship , Public Transit, Schools 3 Garage/Parking : None Garage Spacs: 0 Exterior Finish: Aluminum Siding, Brick, Vinyl Siding Driveway : Asphalt, Concrete, Gravel Property DetailsInterior Basemt Size: Basemt Finish: Heat Source: A/C Type: Rental Items: Interior Features: Room Name Level L/W/H Imperial Heat Type: Fully Finished Full Gas Forced Air Condo Fee: Included In Fees: Inclusions: Exclusions: None Laundry Access: Shared Pet Permit: Yes Locker: Roof Type: Asphalt Shingle Sq Ft/Src: 3 Fridges, 3 Stoves, Washer, Dryer. All Chattels in As-Is Condition. All Tenant Belongings. DOM: Commence Date: Selling Date: 05/26/2023 25 Hot Water Heater
Client Full CMA Report

Listing Brokerage: Keller Williams Edge Realty

Client Remarks:

This professionally renovated LEGAL duplex is the key to making dreams come true . An investment property that can carry itself has been hard to find which makes this one a smart choice for that reason alone. Both units have been rented out for a total of $4,200 and the tenants pay all utilities. Then, imagine a scenario where interest rates have gone down while rent has continued to go up!? There’s also the potential to finish the basement into a third self-contained unit which already has a separate entrance and roughed-in bathroom. Have we mentioned there’s a detached garage too? Think of the possibilities that can be done with that! Add to the investment conversation the Waterfront Redevelopment that has begun and will continue to transform the area over the next few years making the North End a highly regarded up-and-coming area by industry insiders. All within just a couple minutes, you can easily reach the Waterfront Trail , marinas, hectares of greenspaces, beach, parks with elaborate play structures, a promenade ready for festivals, and an all-season outdoor rink (see video link!). Plus, whether you work downtown or want to catch a concert, you can get there effortlessly with an 8-minute walk to the new West Harbour GO Train Station that has all day service to Toronto You don’t have to go far to soak in

Michael Heddle

Researched and prepared by

6/20/2023
372 Mary Street , Hamilton, Ontario L8L 4W6 Status : MLS® #: H4159883 Sold Region : Hamilton Property Type: Multi-Residential Sub Type: Duplex - Up/Down Muicipality : Hamilton Centre (13) Neighbourhoo d: North End (132) L Price: $879,999 S Price: $880,000 Transaction: Sale Style: 2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 100+ Years Sq Ft: 1,466 Fronting On: East Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 24.00 100.00 Rectangular Taxes: 3,138.00 Cross Street: Strachan St. E. Directions : Strachan St. E/Mary St Property Details - Exterior Water Source: Type: Foundation : Amps: Unknown Detached Location : Urban Year Built: Acres: Pool: Shingles Rplc: 2022 LBO provided Municipal Driveway/Park Spcs: Area Influences: 3 Garage/Parking : Other (see Remarks) Garage Spacs: 0 Exterior Finish: Brick Driveway : Gravel Property DetailsInterior Basemt Size: Basemt Finish: Heat Source: A/C Type: Rental Items: Interior Features: Room Name Level L/W/H Imperial Heat Type: Unfinished Full Gas Forced Air Condo Fee: Included In Fees: Inclusions: Exclusions: Central Air Laundry Access: In-Suite Pet Permit: Locker: Separate Hydro Meters Roof Type: Asphalt Shingle Sq Ft/Src: DOM: Commence Date: Selling Date: 04/03/2023 05/29/2023 6 None
Client Full CMA Report UnderContract
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2023.

Client Full CMA Report

Listing Brokerage: Right At Home Realty

Don't miss your opportunity to own this beautiful newly renovated LEGAL Duplex This bungalow offers 2 LEGAL UNITS. 2 Kitchens, separate laundry and separate electrical meters. The corner lot home comes with top of the line upgrades and brand new appliances in both units. In the upstairs unit you will find 2 bedrooms, 1 full bath and a walk out from the kitchen which will lead you to the parking area. The lower unit also comes with 2 bedrooms and 1 full bath making it nice and cozy for any occupant. Located close by to the popular Bay front park and the General hospital as well as many other amenities. Make sure you book a showing before its too late.

Researched and prepared by

This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2023.

6/20/2023
476 Ferguson Avenue N , Hamilton, Ontario L8L 4Z2 Status : MLS® #: H4157982 Sold Region : Hamilton Property Type: Multi-Residential Sub Type: Duplex - Up/Down Muicipality : Hamilton Centre (13) Neighbourhoo d: North End (132) L Price: $749,000 S Price: $735,000 Transaction: Sale Style: Bungalow Ownrshp Type: Bed:Rooms: 0 Age: 51-99 Years Sq Ft: 608 Fronting On: East Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 27.99 45.08 Square Taxes: 2,413.98 Cross Street: MCCAULEY Directions : FERGUSON AND MCCAULEY CORNER Property Details - Exterior Water Source: Type: Foundation : Amps: Poured Concrete Detached Location : Urban Year Built: Acres: Pool: Shingles Rplc: 3rd Party Measuring Service Municipal Driveway/Park Spcs: Area Influences: 2 Garage/Parking : None Garage Spacs: 0 Exterior Finish: Aluminum Siding, Vinyl Siding Driveway : Interlock Property DetailsInterior Basemt Size: Basemt Finish: Heat Source: A/C Type: Rental Items: Interior Features: Room Name Level L/W/H Imperial Heat Type: Fully Finished Full Gas Forced Air Condo Fee: Included In Fees: Inclusions: Exclusions: Central Air Laundry Access: In-Suite Pet Permit: Locker: Roof Type: Asphalt Shingle Sq Ft/Src: DOM: Commence Date: Selling Date: 03/10/2023 05/01/2023 16 Hot Water Heater
UnderContract
Client Remarks:

Minimums and Maximums

A summary of key property attributes in this analysis .

Listing Price between $699,900 and $899,900

Selling Price between $735,000 and $880,000 608 to 3,009 Square Feet $0.98 to $1.00 per Sold Square Foot

Year Built between 1903 and 1910

Subject Property: 4 WEST Avenue, Hamilton, L8L 5B8 June 20, 2023
Researched and prepared
LePage State Realty This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice
by Michael Heddle Royal

Days On Market

The number of days each property has been listed on the market.

Subject Property: 4 WEST Avenue, Hamilton, L8L 5B8 June 20, 2023
0 4 8 12 16 20 24 28 267 CATHARINE St 53 William St 372 Mary St 476 Ferguson Av 21 25 6 16
and
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice
Researched
prepared by Michael Heddle Royal LePage State Realty

Property Locations

A map showing the subject and comparable properties

2023
Subject Property: 4 WEST Avenue, Hamilton, L8L 5B8 June 20,
4 WEST Avenue , Hamilton, L8L 5B8 3 3 Beds Baths Sq.Ft. Address Price Date Beds Baths Sq.Ft. 1 267 Catharine St, Hamilton, L8L 4T4 $899,900 5/30/23 3,009 2 53 William St, Hamilton, L8L 5T6 $699,900 5/26/23 1,650 3 372 Mary St, Hamilton, L8L 4W6 $880,000 4/9/23 1,466 4 476 Ferguson Av, Hamilton, L8L 4Z2 $735,000 3/24/23 608 Researched and prepared by Michael Heddle This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice

List Price, Sale Price, and Days on Market

List price, and sale price of sold listings, with the number of days each property has been listed on the market.

Subject Property: 4 WEST Avenue, Hamilton, L8L 5B8 June 20, 2023
0K 200K 400K 600K 800K 1,000K 0 4 8 12 16 20 24 28 267 CATHARINE St 53 William St 372 Mary St 476 Ferguson Av 899,900 699,900 879,999 749,000 880,000 735,000 21 25 6 16 List Price Sale Price DOM Days on Market Researched and prepared by Michael Heddle Royal LePage State Realty This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice

Pricing Recommendation

Setting the right price is critical to a successful sale.

General Facts About Pricing

There are many things we can do to help ensure the successful sale of your home--such as sprucing up its appearance and marketing it aggressively--but the single most important thing is choosing the right price.

The best, most reliable way of choosing the right list price for your home is by comparing it to similar properties in the neighborhood. How much are comparable properties currently listed for? How much did comparable properties recently sell for? How are these properties different than yours ? Are prices rising or falling? These questions will guide us to the best possible list price for your home: a price that is as high as possible but low enough to generate interest and lead to a quick sale.

Market Statistics

Prices are adjusted for property differences, rounded to the nearest $100.

After comparing your property to similar properties that are on the market now, that recently sold, and that failed to sell, my analysis suggests a realistic list price for your property of:

Subject Property: 4 WEST Avenue, Hamilton, L8L 5B8 June 20, 2023
Sell Price Sell Price Per Sq. Ft. Average Price: $803,700 Average Price/Sq Ft: $633 High Price: $899,900 High Price/Sq Ft: $1,209 Median Price: $807,500 Median Price/Sq Ft: $512 Low Price: $699,900 Low Price/Sq Ft: $299
Researched and prepared
State Realty This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice
by Michael Heddle Royal LePage

Market Analysis Explanation

An explanation and overview of this market analysis.

This Comparative Market Analysis will help determine the correct list price of your home . Ultimately, the correct list price is the highest possible price the market will bear.

This market analysis is divided into three categories: Comparable homes that are currently for sale 1 2 Comparable homes that were recently sold 3 Comparable homes that failed to sell

Looking at similar homes currently for sale, we can assess the alternatives available to a serious buyer. We can also be sure we are not underpricing your home.

Looking at similar homes sold in the past few months, we can see a clear picture of how the market has valued homes comparable to yours. Banks and other lending institutions also analyze these sales to determine how much they can lend to qualified buyers.

Looking at similar homes that failed to sell, we can avoid pricing at a level that would not attract buyers.

This Comparative Market Analysis has been carefully prepared by analyzing homes similar to yours . The aim of this market analysis is to achieve the highest sale price for your home in a reasonably short period of time.

Subject Property: 4 WEST Avenue, Hamilton, L8L 5B8 June 20, 2023
Researched and prepared
Royal LePage State Realty This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice
by Michael Heddle

APPENDIX A: MPAC Assessment vs. Market Sale Price

APPENDIX A - MPAC Assessment vs. Market Sale Price

NOTE: * denotes properties included in the "Direct Comparison Approach".

However, this method of deriving value is only presented as an alternative analytical tool to provide the Seller with additional "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is not as accurate as traditional valuation methods such as the "Direct Comparison Approach to Value" and the "Cost Approach to Value". The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.

Status Address MPAC Sale Price % Difference Subject 10 West Ave. 272,000 $ Active 267 Catharine St. 471,000 $ Active 53 William St. 189,000 $ Sold 372 Mary St. 273,000 $ 880,000 $ 222.34% Sold 476 Ferguson Ave. 192,000 $ 735,000 $ 282.81% 252.58% Average $ 959,013 Range $ 876,777 to 1,041,250 $

APPENDIX B: Cost Approach to Value

APPENDIX B - COST APPROACH TO VALUE

* estimate square

The cost approach value has a minimal value in terms of deriving market value since the Land Value is a difficult value to derive based on comparable available market values in the area. Thus, this method of deriving value is only presented for the purpose of an alternative analytical tool used inorder to provide "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is not an accuarate representation of "market" value and the "Direct Comparison Approach to Value" illustrates a more accurate representation of value. The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.

Land Value: 25.42 Front Ft @ 5500 139,810.00 $ Actual Age: 123 years Effective Age: 40 years Improvements: Cost New Depreciation @ 27% Current Value Building 2806 Sq. ft. @ $250 701,500.00 $ 514,433.33 $ Basement 1150 *Sq. ft. @ $100 115,000.00 $ 84,333.33 $ Garage 0 Sq. ft. $60 - $ - $ Landscaping @ 25,000.00 $ 18,333.33 $ Total Current Value of All Improvements 617,100.00 $ 617,100.00 $ Indicated Value by the Cost Approach 756,910.00 $ Value Rounded to 756,000.00 $
footage
187,066.67 $ 6,666.67 $
30,666.67 $ - $

APPENDIX D: MPAC Geowarehouse Enhanced AVM Report

REALTOR® AVM Residential Comparable Report

On-Site Variables

OFFICIAL PLAN DESIGNATEDMIXED USE (INCLUDING RESIDENTIAL)

OFFICIAL PLAN DESIGNATEDRESIDENTIAL

Abuts Variables

ABUTS COMMERCIAL

Proximity

TO SPORTS FIELD/ PLAYGROUND

PROX TO MASS TRANSIT(SUBWY,BUS)

PROXIMITY TO MULTIRESIDENTIAL

Real Time Market Value (AVM) $825,000 AVM Valuation Date (yyyy-mm-dd) 2023-06-14 Con1dence Rating AVM Range $666,000-$896,000 Michael Heddle Royal LePage State Realty Hamilton ON (M):+19057303953 (O):+19056626666 mikeheddle@royallepage.ca
Property Address 4 WEST AVE N Municipality HAMILTON CITY Roll Number 251803021252980 Property Code & Description 301 - Single-family detached (not on water) Postal Code L8L5B8 Province ON AVM Details Services Hydro Water Sanitary Hydro available UnspeciDed Service UnspeciDed Service Site Details Frontage (ft) Depth (ft) Site Area (A) Site Access Site Variance 25.42 110.67 0.06 Year Round Road Access Irregular
Variables
Variables Waterfront
PROXIMITY
Purchase Date: 2023-06-20 Copyright© All rights reserved Municipal Property Assessment Corporation Not to be reproduced by any means or distributed in any manner in whole or in part, without prior written permission 1/4

Permit Details

Currently, MPAC'S records indicate that there are no building permits for this property.

Primary Structures

Structure Description SINGLE FAMILY DETACHED Year Built 1900 Total Floor Area (Above Grade sqft) 2,806 First Floor Area (sqft) 1,150 Second Floor Area (sqft) 979 Third Floor Area (sqft) 677 Full Storeys 2 Partial Storeys 1/2 storey Bedrooms 9 Full Bathrooms 2 Half Bathrooms 0 Basement Total Area (sqft) 1,150 Basement Finished Area (sqft)Heating Forced Air Air Conditioning N Renovation YearRenovation TypeAddition YearAddition AreaSplit Level No Split Structure Condition Average Fireplace Total 0 Condo Floor LevelCondo Parking SpacesCondo LockersCondo Indoor ParkingStructure Design Type NOT DEFINED Structure VariablesPurchase Date: 2023-06-20 Copyright© All rights reserved Municipal Property Assessment Corporation Not to be reproduced by any means or distributed in any manner in whole or in part, without prior written permission 2/4

Comparable Information

Roll Number 251803021252980 251802015650130 251803021702740 251803023350070 Sale Price N/A $629,900 $710,000 $560,000 Sale Date (yyyy-mm-dd) N/A 2022-12-20 2022-08-18 2022-07-27 Address 4 WEST AVE N 89 ELGIN ST 54 OAK AVE 15 GREENAWAY AVE Municipality HAMILTON CITY HAMILTON CITY HAMILTON CITY HAMILTON CITY Province ON ON ON ON Postal Code L8L5B8 L8L4X9 L8L5M8 L8L6C3 Property Style Detached Detached Detached Detached Frontage/Depth (ft) 25.42/110.67 19.83/130.83 21.71/95.50 25.00/101.50 Site Area (A) 0.06 0.06 0.05 0.06 Year Built 1900 1890 1900 1911 Total Floor Area (sqft) 2,806 1,820 1,659 1,756 Total/Finished Basement Area (sqft) 1,150/- 656/- 693/- 658/Full/Partial Storeys 2/1/2 storey 2/1/2 storey 2/1/2 storey 2/1/2 storey Structure Condition Average Average Average Average Bedrooms 9 2 3 3 Full/Half Bathrooms 2/0 2/0 2/0 1/1 No. Fireplaces 0 0 0 0 Renovation Year/Type -/- -/- 2013/Interior -/Heating Type Forced Air Forced Air Forced Air Forced Air Air Conditioning N N N N Inground Pool N N N N Garage Type/Area -/- -/- DETACHED GARAGE/216 -/Purchase Date: 2023-06-20 Copyright© All rights reserved Municipal Property Assessment Corporation Not to be reproduced by any means or distributed in any manner in whole or in part, without prior written permission 3/4
Purchase Date: 2023-06-20 Copyright© All rights reserved Municipal Property Assessment Corporation Not to be reproduced by any means or distributed in any manner in whole or in part, without prior written permission 4/4

APPENDIX E: Geowarehouse Report

Copyright © 2002-2023 Teranet Inc. and its suppliers. All rights reserved.

This report was prepared by: SALES REPRESENTATIVE

MICHAEL HEDDLE

mikeheddle@royallepage.ca

www.mikeheddle.ca

ROYAL LEPAGE STATE REALTY

Office: (905)574-7441

Fax: (905)662-2227 © 2023 Teranet

Client Report Generated on 2023
4 WEST AVE N HAMILTON PIN 171780126
Inc.

Property Details

GeoWarehouse Address:

4 WEST AVE N HAMILTON L8L5B8

PIN:

Land Registry Office:

Land Registry Status:

Registration Type:

Ownership Type:

171780126

HAMILTON WENTWORTH (62) Active

Certified (Land Titles) Freehold

4 WEST AVE N, HAMILTON | PIN 171780126
Report Generated On GeoWarehouse Client Report | Page 2 of 15 Jun 20, 2023 by
(78672)
MICHAEL HEDDLE

Lot Size

Area:

Perimeter:

Measurements:

2809.38 sq.ft

269.03 ft

111.43ft x 25.54ft x 109.34ft x 25.47ft

Lot Measurement Accuracy : LOW

These lot boundaries may have been adjusted to fit within the overall parcel fabric and should only be considered to be estimates.

Assessment Information

ARN

251803021252980

Previous Assessment N/A

Taxation Year Phased-In Assessment

$272,000 $272,000 $272,000 $272,000

Frontage: 25.42 ft

Depth:

Based On:

110.67 ft

January 1, 2016

Enhanced Site & Structure

Structures:

Description:

Single-family detached (not on water)

301 Property Code: $272,000

Current Assessment:

4 WEST AVE N, HAMILTON | PIN 171780126
2023 2022 2021 2020 Report Generated On GeoWarehouse Client Report | Page 3 of 15 Jun 20, 2023 by
MICHAEL HEDDLE (78672)

Sales History

4 WEST AVE N, HAMILTON | PIN 171780126 # Year Built Bed Rooms Full Baths Half Baths Full Stories Partial Stories Split Level Fireplace 301 1900 9 2 0 2 1/2 storey No Split 0 Assessment Roll Legal Description: PLAN 223 PT LOT 14 PT LOT 15 Property Address: 4 WEST AVE N HAMILTON ON L8L5B8 Zoning: H Property Type: RESIDENTIAL Site Area: 0.06A Site Variance: Irregular Driveway Type: No Parking Allowed Garage Type: N/A Garage Spaces: N/A Water Service Type: Unspecified Service Sanitation Type: Unspecified Service Pool: Indoor :N, Outdoor :N
Sale Date Sale Amount Type Notes Dec 01, 2006 $175,000 Transfer Jun 21, 1989 $145,000 Transfer Report Generated On GeoWarehouse Client Report | Page 4 of 15 Jun 20, 2023 by MICHAEL HEDDLE (78672)
4 WEST AVE N, HAMILTON | PIN 171780126
Report Generated On GeoWarehouse Client Report | Page 5 of 15 Jun 20, 2023
(78672)
Demographics
by MICHAEL HEDDLE
4 WEST AVE N, HAMILTON | PIN 171780126 Report Generated On GeoWarehouse Client Report | Page 6 of 15 Jun 20, 2023
by MICHAEL HEDDLE (78672)
4 WEST AVE N, HAMILTON | PIN 171780126 Report Generated On GeoWarehouse Client Report | Page 7 of 15 Jun 20, 2023
by MICHAEL HEDDLE (78672)

Dominant Market Group

4 WEST AVE N, HAMILTON | PIN 171780126
Report Generated On GeoWarehouse Client Report | Page 8 of 15 Jun 20, 2023 by
(78672)
MICHAEL HEDDLE
4 WEST AVE N, HAMILTON | PIN 171780126 Report Generated On GeoWarehouse Client Report | Page 9 of 15 Jun 20, 2023
by MICHAEL HEDDLE (78672)

Dominant Market Group

4 WEST AVE N, HAMILTON | PIN 171780126
Report Generated On GeoWarehouse Client Report | Page 10 of 15 Jun 20, 2023
(78672)
by MICHAEL HEDDLE

Comparable Sales

Data Not Available

Area Heat Maps

Average Sales Heat Maps - Last 1 Year

The Average Sales Heat Map shows the average sale price of properties within the subject property's block compared to surrounding blocks.

4 WEST AVE N, HAMILTON | PIN 171780126
Report Generated On GeoWarehouse Client Report | Page 11 of 15 Jun 20, 2023 by
HEDDLE (78672)
MICHAEL

Growth Rate Heat Maps - Last 5 Years

The Growth Rate Heat Map shows the growth of the average sale price of properties within the subject property's block compared to surrounding blocks.

Market Turnover Heat Maps - Last 1 Year

The Market Turnover Heat Map shows the percentage of properties that have sold in the past year within the subject property's block compared to surrounding blocks.

4 WEST AVE N, HAMILTON | PIN 171780126
Report Generated On GeoWarehouse Client Report | Page 12 of 15 Jun 20, 2023 by MICHAEL HEDDLE (78672)

Historical Market Trends

Average Sale Values and Growth Rates

Market Turnover Rates

4 WEST AVE N, HAMILTON | PIN 171780126
Report Generated On GeoWarehouse Client Report | Page 13 of 15 Jun 20, 2023 by MICHAEL HEDDLE (78672)

Market Statistics

Area Map

5 Year Analysis

Up and Coming - This area has proven more affordable than many areas of the municipality, and has seen property prices grow 21.2% higher than the average municipal growth. Worth investigating for investment potential.

Average Sales Price - Last 1 Year

$0

$672,194 Block Municipality

Growth Rate - Last 5 Years

Market Turnover - Last 1 Year

4 WEST AVE N, HAMILTON | PIN 171780126
Report Generated On GeoWarehouse Client Report | Page 14 of 15 Jun 20, 2023 by MICHAEL HEDDLE (78672)

Terms and Conditions

Reports Not the Official Record. Reports, other than the Parcel Register, obtained through Geowarehouse are not the official government record and will not necessarily reflect the current status of interests in land.

Data contained in the Geowarehouse reports are not Currency of Information. maintained real-time. Data contained in reports, other than the Parcel Register, may be out of date ten business days or more from data contained in POLARIS.

Data, information and other products and services accessed through the Land Coverage. Registry Information Services are limited to land registry offices in the areas identified on the coverage map.

Completeness of the Sales History Report.

Some Sales History Reports may be incomplete due to the amount of data collected during POLARIS title automation. Subject properties may also show nominal consideration or sales price (e.g. $2) in cases such as transfers between spouses or in tax exempt transfers.

Demographic Information is obtained from Environics

Demographic Information. Analytics. Environics Analytics acquires and distributes Statistics Canada files in accordance with the Government of Canada's Open Data Policy. No information on any individual or household was made a vailable to Environics Analytics by Statistics Canada. PRIZM and selected PRIZMC2 nicknames are registered trademarks of The Nielsen Company (U.S.) and are used with permission.

The Property Information Services, reports and information are provided "as is" and your use is subject to the applicable Legal Terms and Conditions. Some information obtained from the Land Registry Information Services is not the official government record and will not reflect the current status of interests in land. Use of personal information contained herein shall relate directly to the purpose for which the data appears in land registry records and is subject to all applicable privacy legislation in respect of personal information. Such information shall not be used for marketing to a named individual.

Parcel Mapping shown on the site was compiled using plans and documents recorded in the Land Registry System and has been prepared for property indexing purposes only. It is not a Plan of Survey. For actual dimensions of property boundaries, see recorded plans and documents.

Copyright © 2002-2023 Teranet Inc. and its suppliers. All rights reserved.

4 WEST AVE N, HAMILTON | PIN 171780126
Report Generated On GeoWarehouse Client Report | Page 15 of 15 Jun 20, 2023 by MICHAEL HEDDLE (78672)
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