70 Belview Ave.
Hamilton
Comparable Market Analysis
Brief Summary of Comparable Properties
A brief summary of the subject and comparable properties in this market analysis
Subject Property: 70 BELVIEW Avenue, Hamilton, L8L 7K8 May 4, 2023
Address L/S Price Beds Baths SqFt Tot MLS# DOM Status Dt Sub Type Status: Active 70 BELVIEW Avenue Other 3 4/0 3 Units 39 SHERMAN Avenue $724,900 H4158333 3/13/23 0/0 2,432 52 3 Units 474 Barton Street $599,900 H4159744 4/3/23 0/0 2,016 31 3 Units 1111 Cannon Street $1,100,000 H4161977 4/28/23 0/0 3,063 6 3 Units 62 Barnesdale Avenue $799,888 H4162219 5/1/23 0/0 1,700 3 2,303 $806,172 Average 23 Address L/S Price Beds Baths SqFt Tot MLS# DOM Status Dt Sub Type Status: Active - CS 70 BELVIEW Avenue Other 3 4/0 5 3 Units 14 AVALON Place $959,000 40400924 5/3/23 0/0 2,200 21 2,200 $959,000 5 Average 21 Address L/S Price Beds Baths SqFt Tot MLS# DOM Status Dt Sub Type Status: Sold 70 BELVIEW Avenue Other 3 4/0 3 Units 30 Spadina Avenue $840,000 H4152610 1/16/23 0/0 2,170 38 4 Units 116 FAIRHOLT Road $1,050,000 H4156839 4/12/23 0/0 2,968 48 4 Units 19 Greenaway Avenue $810,000 H4158971 3/31/23 0/0 2,000 9 2,379 $900,000 Average 32 Summary Status Total Avg $ Per Sq.Ft. Avg Price Avg DOM High Low Median Active 4 $806,172 $762,394 $599,900 $1,100,000 $356.32 23 Active - CS 1 $959,000 $959,000 $959,000 $959,000 $435.91 21 Sold 3 $900,000 $840,000 $810,000 $1,050,000 $381.96 32 $860,461 $825,000 $599,900 8 $1,100,000 Total $375.88 26 Researched and prepared
Michael
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
Heddle Royal
Price Adjustments
The subject property vs comparable properties.
Subject Property: 70 BELVIEW Avenue, Hamilton, L8L 7K8
May 4, 2023
MLS#® List Date 3/14/2016 List Price Status Multi-Residential Prop Type Other Sub Type Trans Type Sale Region Hamilton Munic/Area Hamilton Centre (20) Nbrd/SubArea Crown Point (201) # Rooms 14 Basement Full Parking 1 Garage 1 spaces / Detached Acres/Range less than .50 SqFt/Range Lot Frontage 30 YrBuilt/Age less than .50 Taxes/Year $3,372 Total # Units 4 Heat Source Gas Heat Type Forced Air Air Condtn Sold Date Sold Price DOM 22 Bsmnt Finish Fully Finished Frontage 30.00 Depth 95.50 Price Total Adjustments Adjusted Price 39 SHERMAN Avenue H4158333 03/13/2023 $724,900 Active Multi-Residential 3 Units Sale Hamilton Hamilton Centre (20) Gibson / Stipley (200) Full - Partially Finished - Separate Entrance, Walk-Up 3 2,432 33.00 x 110.64 1920 / 100+ Years $4,047 3 Gas Radiant 52 Partially Finished 33.00 110.64 $724,900 474 Barton Street H4159744 04/03/2023 $599,900 Active Multi-Residential 3 Units Sale Hamilton Hamilton Centre (20) Gibson / Stipley (200) None 0 2,016 18.37 x 100.00 1907 / 100+ Years $3,081 3 Gas Forced Air 31 18.37 100.00 $599,900 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
70 BELVIEW Avenue
Price Adjustments
The subject property vs comparable properties.
Subject Property: 70 BELVIEW Avenue, Hamilton, L8L 7K8 May 4, 2023
MLS#® List Date 3/14/2016 List Price Status Multi-Residential Prop Type Other Sub Type Trans Type Sale Region Hamilton Munic/Area Hamilton Centre (20) Nbrd/SubArea Crown Point (201) # Rooms 14 Basement Full Parking 1 Garage 1 spaces / Detached Acres/Range less than .50 SqFt/Range Lot Frontage 30 YrBuilt/Age less than .50 Taxes/Year $3,372 Total # Units 4 Heat Source Gas Heat Type Forced Air Air Condtn Sold Date Sold Price DOM 22 Bsmnt Finish Fully Finished Frontage 30.00 Depth 95.50 Price Total Adjustments Adjusted Price 1111 Cannon Street H4161977 04/28/2023 $1,100,000 Active Multi-Residential 3 Units Sale Hamilton Hamilton Centre (20) Crown Point (201) Full - Partially Finished 3 3,063 100.00 x 25.00 - / 51-99 Years $6,126 3 Gas Forced Air 6 Partially Finished 100.00 25.00 $1,100,000 62 Barnesdale Avenue H4162219 05/01/2023 $799,888 Active Multi-Residential 3 Units Sale Hamilton Hamilton Centre (20) Gibson / Stipley South (202) Full - Unfinished - Separate Entrance 4 1,700 30.00 x 100.00 - / 51-99 Years $3,805 3 Gas Forced Air 3 Unfinished 30.00 100.00 $799,888 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
70 BELVIEW Avenue
Price Adjustments
The subject property vs comparable properties.
Subject Property: 70 BELVIEW Avenue, Hamilton, L8L 7K8
May 4, 2023
MLS#® List Date 3/14/2016 List Price Status Multi-Residential Prop Type Other Sub Type Trans Type Sale Region Hamilton Munic/Area Hamilton Centre (20) Nbrd/SubArea Crown Point (201) # Rooms 14 Basement Full Parking 1 Garage 1 spaces / Detached Acres/Range less than .50 SqFt/Range Lot Frontage 30 YrBuilt/Age less than .50 Taxes/Year $3,372 Total # Units 4 Heat Source Gas Heat Type Forced Air Air Condtn Sold Date Sold Price DOM 22 Bsmnt Finish Fully Finished Frontage 30.00 Depth 95.50 Price Total Adjustments Adjusted Price 14 AVALON Place 40400924 04/13/2023 $959,000 Active - CS Multi-Residential 3 Units Sale Hamilton Hamilton Centre (20) Gibson / Stipley (200) Full - Fully Finished - Separate Entrance 3 2,200 27.00 x 90.00 - / 51-99 Years $3,986 3 Gas Forced Air No / Central Air 21 Fully Finished 27.00 90.00 $959,000 30 Spadina Avenue H4152610 12/09/2022 $849,900 Sold Multi-Residential 3 Units Sale Hamilton Hamilton Centre (20) Gibson / Stipley South (202) Full - Unfinished 3 2,170 30.00 x 96.25 - / 100+ Years $4,610 3 Gas Forced Air 04/03/2023 $840,000 38 Unfinished 30.00 96.25 $840,000 Researched and prepared by Michael Heddle
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
70
BELVIEW Avenue
Royal
Price Adjustments
The subject property vs comparable properties.
Subject Property: 70 BELVIEW Avenue, Hamilton, L8L 7K8
May 4, 2023
70
MLS#® List Date 3/14/2016 List Price Status Multi-Residential Prop Type Other Sub Type Trans Type Sale Region Hamilton Munic/Area Hamilton Centre (20) Nbrd/SubArea Crown Point (201) # Rooms 14 Basement Full Parking 1 Garage 1 spaces / Detached Acres/Range less than .50 SqFt/Range Lot Frontage 30 YrBuilt/Age less than .50 Taxes/Year $3,372 Total # Units 4 Heat Source Gas Heat Type Forced Air Air Condtn Sold Date Sold Price DOM 22 Bsmnt Finish Fully Finished Frontage 30.00 Depth 95.50 Price Total Adjustments Adjusted Price 116 FAIRHOLT Road H4156839 02/23/2023 $1,115,000 Sold Multi-Residential 4 Units Sale Hamilton Hamilton Centre (20) Gibson / Stipley South (202) Full - Fully Finished 3 2,968 53.83 x 100.00 - / 51-99 Years $4,993 4 Gas Radiant 06/01/2023 $1,050,000 48 Fully Finished 53.83 100.00 $1,050,000 19 Greenaway Avenue H4158971 03/22/2023 $815,000 Sold Multi-Residential 4 Units Sale Hamilton Hamilton Centre (20) Gibson / Stipley (200) Full - Fully Finished 0 2,000 25.05 x 103.75 - / 100+ Years $2,454 4 Gas Forced Air 05/01/2023 $810,000 9 Fully Finished 25.05 103.75 $810,000 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
BELVIEW Avenue
Client Full CMA Report UnderContract
Listing Brokerage: RE/MAX Escarpment Realty Inc.
Remarks:
Welcome to 39 Sherman Ave South , Large 2432 sqft brick home with 3 hydro meters in an excellent location. Currently being used as a triplex with room in the basement for a 4th unit. Bonus 3 parking spots in the rear of building. All room sizes are approximate. Allow minimum of 24 hours notice to show, tenant occupied. Attach Schedule B
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.
5/4/2023
39 SHERMAN Avenue S , Hamilton, Ontario L8M 2P6 Status : MLS® #: H4158333 Active Region : Hamilton Property Type: Multi-Residential Sub Type: 3 Units Muicipality : Hamilton Centre (20) Neighbourhoo d: Gibson / Stipley (200) L Price: $724,900 Transaction: Sale Style: 2 1/2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 100+ Years Sq Ft: 2,432 Fronting On: East Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 33.00 110.64 Rectangular Taxes: 4,047.00 Cross Street: MAIN ST. Directions : ON SHERMAN BETWEEN MAIN AND KING Property Details - Exterior Water Source: Type: Foundation : Amps: Concrete Block, Stone Detached Location : Urban Year Built: 1920 Acres: Pool: Shingles Rplc: 3rd Party Measuring Service Municipal Driveway/Park Spcs: Area Influences: Public Transit 3 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: Partially Finished Full Gas Radiant Condo Fee: Included In Fees: Inclusions: Exclusions: Window Unit Laundry Access: In-Suite Pet Permit: Locker: Roof Type: Asphalt Shingle Sq Ft/Src: 3 fridge, 3 stove, 2 washer, 2 dryer dishwash in unit 1 DOM: Commence Date: Selling Date: 03/14/2023 52 Hot Water Heater
Client
Listing Brokerage: RE/MAX Escarpment Golfi Realty Inc.
Client Remarks:
Welcome to this fantastic investment opportunity ! This commercial property is situated in a prime location with high traffic , making it an ideal spot for any business. The storefront on the main level offers excellent visibility and is perfect for attracting customers . In addition to the storefront, there is also a separate unit in the basement, offering a convenient living arrangement for the owner or an additional commercial tenant ! The upper level boasts a spacious two-bedroom apartment with a sunroom, offering a comfortable living space with plenty of natural light . Both the main floor and upper level have separate meters, providing flexibility and convenience for tenants. This property has had some recent updates, ensuring that it is in move-in condition and ready for occupancy. Don't miss out on this excellent investment opportunity in a high- traffic location with multiple income streams ! Contact today to schedule a showing and see for yourself the potential of this property!!!
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.
5/4/2023
UnderContract 474 Barton Street E , Hamilton, Ontario L8L 2Y8 Status : MLS® #: H4159744 Active Region : Hamilton Property Type: Multi-Residential Sub Type: 3 Units Muicipality : Hamilton Centre (20) Neighbourhoo d: Gibson / Stipley (200) L Price: $599,900 Transaction: Sale Style: 2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 100+ Years Sq Ft: 2,016 Fronting On: South Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 18.37 100.00 Rectangular Taxes: 3,081.00 Cross Street: Wentworth Ave Directions : Main St to Wentworth North to Barton Property Details - Exterior Water Source: Type: Foundation : Amps: Unknown Other (see Remarks) Location : Urban Year Built: 1907 Acres: Pool: Shingles Rplc: LBO provided Municipal Driveway/Park Spcs: Area Influences: Hospital, Library, Park, Place of Worship , Public Transit, Rec./Commun.Centre, Schools 0 Garage/Parking : None Garage Spacs: 0 Exterior Finish: Aluminum Siding, Brick, Stone Driveway : None Property DetailsInterior Basemt Size: Basemt Finish: Heat Source: A/C Type: Rental Items: Interior Features: Room Name Level L/W/H Imperial Heat Type: None Gas Forced Air Condo Fee: Included In Fees: Inclusions: Exclusions: None Laundry Access: None Pet Permit: Locker: Roof Type: Flat Sq Ft/Src: All electrical light fixtures, all window coverings, Fridge, stove (2) None DOM: Commence Date: Selling Date: 04/03/2023 31 None
Client Full CMA Report
Listing Brokerage: RE/MAX Escarpment Golfi Realty Inc.
Client Remarks:
Fantastic Investment Opportunity! Well Maintained , Detached 2 Storey Mixed Use Commercial Building. Main Level Commercial Space with excellent store front high traffic exposure along Cannon Street . Main level is operating as a Butcher Shop but could be divided into 2 Units. 2 smokers, 3 walk-in coolers, large rotating oven and other equipment. Full Basement, well developed excellent for work space or additional storage. Second level has two residential apartments with separate entrance. One large two bedroom unit and one generous one bedroom unit. Seller willing to train buyer to continue successful existing business or the building can be delivered vacant possession on closing. Cash Flow Investment or Live & Work… The Possibilities are Endless.
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.
5/4/2023
UnderContract 1111 Cannon Street E , Hamilton, Ontario L8L 2J5 Status : MLS® #: H4161977 Active Region : Hamilton Property Type: Multi-Residential Sub Type: 3 Units Muicipality : Hamilton Centre (20) Neighbourhoo d: Crown Point (201) L Price: $1,100,000 Transaction: Sale Style: 2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 51-99 Years Sq Ft: 3,063 Fronting On: North Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 100.00 25.00 Rectangular 25.05ft. x 100.72ft. x 25.05ft. x 100.70ft. Taxes: 6,126.00 Cross Street: Ottawa St N Directions : Cannon Street East & Rosslyn Avenue North Property Details - Exterior Water Source: Type: Foundation : Amps: Poured Concrete Detached Location : Urban Year Built: Acres: Pool: Shingles Rplc: LBO provided Municipal Driveway/Park Spcs: Area Influences: Hospital, Park, Public Transit 3 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: Partially Finished Full Gas Forced Air Condo Fee: Included In Fees: Inclusions: Exclusions: Central Air Laundry Access: In Area Pet Permit: Yes Locker: Air Exchanger Roof Type: Asphalt Shingle Sq Ft/Src: DOM: Commence Date: Selling Date: 04/28/2023 6 None
Client Full CMA Report
Michael Heddle
Listing Brokerage: RE/MAX Escarpment Realty Inc.
Remarks:
Welcome to 62 Barnesdale Ave ! Rare, LEGAL, non-conforming triplex In a terrific area of Hamilton. Well-kept tenanted building; tenants willing to stay. Shared laundry, Parking for 4 cars, Updated and ready for the new investor to enjoy! Property generates $50,000+ per year in Rents!! Don't miss this amazing opportunity!
5/4/2023
UnderContract 62 Barnesdale Avenue S , Hamilton, Ontario L8M 2V4 Status : MLS® #: H4162219 Active Region : Hamilton Property Type: Multi-Residential Sub Type: 3 Units Muicipality : Hamilton Centre (20) Neighbourhoo d: Gibson / Stipley South (202) L Price: $799,888 Transaction: Sale Style: 2 1/2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 51-99 Years Sq Ft: 1,700 Fronting On: West Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 30.00 100.00 Rectangular Taxes: 3,805.00 Cross Street: Main/King, Dunsmure Directions : Between Gage & Sherman, Main & King Property Details - Exterior Water Source: Type: Foundation : Amps: Stone Detached Location : Urban Year Built: Acres: Pool: Shingles Rplc: 3rd Party Measuring Service Municipal Driveway/Park Spcs: Area Influences: 4 Garage/Parking : None Garage Spacs: 0 Exterior Finish: Brick Front 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 Gas Forced Air Condo Fee: Included In Fees: Inclusions: Exclusions: Central Air Laundry Access: Shared Pet Permit: Locker: Roof Type: Asphalt Shingle Sq Ft/Src: DOM: Commence Date: Selling Date: 05/01/2023 3 Hot Water Heater
Client Full CMA Report
Client
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.
Michael Heddle
Client Full CMA Report
OTHER; fridge x3, dishwasher x3, washer x3, dryer x3, gas stove x2, electrical stove x1, exterior motion lights and ELF's
Exterior security cameras
Listing Brokerage: Keller Williams Signature Realty, Brokerage
Client Remarks: Researched and prepared by
Are you looking for your ideal TURN KEY investment property that ’s guaranteed VACANT on possession ? Look no further - 14 Avalon Place is a three unit vacant 2.5 story in a residential neighbourhood that’s newly renovated top to bottom. Each unit offers its own private entrance , in suite laundry, individual hydro meter, and on site parking. Professionally upgraded with care, you’ll find quartz countertop kitchens, custom glass showers, gas range stoves, stainless steel appliances, modern fixtures and new flooring throughout. Additionally, all new plumbing/ electrical and upgraded water line. Main unit: large 1 bed, 1 bath. Lower unit: 1 bed, 1 bath with custom entryway bench nook. Upper unit: spacious 3 bed, 1 bath. Move in ready for you, your family, or quality tenants of your choosing - don’t miss your chance on this cash flowing opportunity.
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.
5/4/2023
UnderContract 14 AVALON Place , Hamilton, Ontario L8M 1R3 Status : MLS® #: 40400924 Active - CS Region : Hamilton Property Type: Multi-Residential Sub Type: 3 Units Muicipality : Hamilton Centre (20) Neighbourhoo d: Gibson / Stipley (200) L Price: $959,000 Transaction: Sale Style: Ownrshp Type: Freehold Bed: 5 Rooms: 3 Age: 51-99 Years Sq Ft: 2,200 Fronting On: Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 27.00 90.00 Taxes: 3,986.00 Cross Street: Directions : MAIN ST E, NORTH ON BURRIS EAST ON AVALON Property Details - Exterior Water Source: Type: Foundation : Amps: Concrete Block Detached Location : Urban Year Built: Acres: Pool: Shingles Rplc: Owner Municipal Driveway/Park Spcs: Area Influences: Place of Worship, Public Transit, Schools 3 Garage/Parking : Garage Spacs: Exterior Finish: Aluminum Siding, Brick Driveway : 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: Separate Hydro Meters Roof Type: Asphalt Shingle Sq Ft/Src:
DOM: Commence Date: Selling Date: 04/13/2023 21
Listing Brokerage: Keller Williams Complete Realty
Remarks:
ATTENTION INVESTORS, Welcome to 30 Spadina Ave!!! This lovely brick 2.5 storey home features 3 fully renovated units. Unit 1 features 2 bedrooms and 1.5 baths. Unit 2 is bright and open featuring 2 large bedrooms and one 4 piece bathroom. Unit 3 features a 4 piece bathroom and 1 large bedroom as well. All units are currently rented. The basement is completely unfinished but also features a separate entrance. There are 3 total parking spaces (one in front and two in back alley) and there is plenty of street parking as well. The Gibson neighbourhood is highly desirable and a great investment. Book your showing today!
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.
5/4/2023
UnderContract 30 Spadina Avenue , Hamilton, Ontario L8M 2W9 Status : MLS® #: H4152610 Sold Region : Hamilton Property Type: Multi-Residential Sub Type: 3 Units Muicipality : Hamilton Centre (20) Neighbourhoo d: Gibson / Stipley South (202) L Price: $849,900 S Price: $840,000 Transaction: Sale Style: 2 1/2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 100+ Years Sq Ft: 2,170 Fronting On: Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 30.00 96.25 Rectangular Taxes: 4,610.00 Cross Street: King St E Directions : King St E to Spadina Ave Property Details - Exterior Water Source: Type: Foundation : Amps: Stone Detached Location : Year Built: Acres: Pool: Shingles Rplc: LBO provided Municipal Driveway/Park Spcs: Area Influences: 3 Garage/Parking : None 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: Roof Type: Asphalt Shingle Sq Ft/Src: DOM: Commence Date: Selling Date: 12/09/2022 04/03/2023 38 Hot Water Heater
Client Full CMA Report
Client
Michael Heddle
Listing Brokerage: Real Broker Ontario Ltd.
Client Remarks:
Welcome to 116 Fairholt Ave South ! This well maintained four unit home currently owner occupied on main with basement tenanted, 3 units will be ready for your tenants! As an investment property it is capable of generating over $7350 per month! Basement is a 1 bedroom unit, main floor is huge 2 or 3 bedroom unit, Second floor is a beautiful 2 bedroom unit, and the 3rd floor is a 2 bedroom unit. All have full kitchens and bathrooms. Perfect for someone looking to offset their mortgage by moving into one unit or for the savvy investor , a choice addition to anyone’s portfolio. Separate hydro panels in each unit. Financials available on request. Basement tenant wants to stay, all other units vacant possession.
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.
5/4/2023
116 FAIRHOLT Road S , Hamilton, Ontario L8M 2T7 Status : MLS® #: H4156839 Sold Region : Hamilton Property Type: Multi-Residential Sub Type: 4 Units Muicipality : Hamilton Centre (20) Neighbourhoo d: Gibson / Stipley South (202) L Price: $1,115,000 S Price: $1,050,000 Transaction: Sale Style: 2 1/2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 51-99 Years Sq Ft: 2,968 Fronting On: West Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 53.83 100.00 Rectangular Taxes: 4,993.00 Cross Street: Main St E/Fairholt Directions : Main Street E to Fairholt Ave S Property Details - Exterior Water Source: Type: Foundation : Amps: Concrete Block Detached Location : Year Built: Acres: Pool: Shingles Rplc: 3rd Party Measuring Service Municipal Driveway/Park Spcs: Area Influences: 3 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: Fully Finished Full Gas Radiant Condo Fee: Included In Fees: Inclusions: Exclusions: Window Unit Laundry Access: Coin Operated, SharedPet Permit: Locker: Roof Type: Asphalt Shingle Sq Ft/Src: 4 Fridges, 4 Stoves, 2 Dishwashers, 1 Washer & 1 Dryer the small light in entry hallway of main floor unit DOM: Commence Date: Selling Date: 02/23/2023 06/01/2023 48 None
Client Full CMA Report UnderContract
Michael Heddle
Listing Brokerage: Keller Williams Complete Realty
Client Remarks:
“Attention All Investors ! This Turn Key Investment Property Generates Over $5,500 Per Month in Gross Rents From AAA Tenants! This Property Features 4 Units Over 4 Floors And Was Fully Renovated In The Fall Of 2019. No Expense Has Been Spared! Updates Include Interior Finishes, Kitchens, Appliances, Windows, Doors, Plumbing, Electrical, Metal Fire Escape, Roofing Upgrades and More. Conveniently Located Close To Future Hamilton LRT, Amenities, Parks, Hospitals, Go Train, And Hamilton Harbour.“This property is professional managed by a creditable local company.
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.
5/4/2023
UnderContract 19 Greenaway Avenue , Hamilton, Ontario L8L 6C3 Status : MLS® #: H4158971 Sold Region : Hamilton Property Type: Multi-Residential Sub Type: 4 Units Muicipality : Hamilton Centre (20) Neighbourhoo d: Gibson / Stipley (200) L Price: $815,000 S Price: $810,000 Transaction: Sale Style: 2 1/2 Storey Ownrshp Type: Bed:Rooms: 0 Age: 100+ Years Sq Ft: 2,000 Fronting On: East Baths: 2 pc Bath: 3 pc Bath: 4 pc Bath: 5+ pc Bath: Lot Frontage: Lot Depth: Lot Shape: Lot Irregularities: 25.05 103.75 Rectangular Taxes: 2,454.00 Cross Street: Wilson & Sanford AvN Directions : Wilson St East to Greenaway Ave North Property Details - Exterior Water Source: Type: Foundation : Amps: Stone Detached Location : Urban Year Built: 200 Acres: Pool: Shingles Rplc: LBO provided Municipal Driveway/Park Spcs: Area Influences: Arts Centre, Greenbelt/Conservation, Hospital, Library, Public Transit, Quiet Area, Schools 0 Garage/Parking : None Garage Spacs: 0 Exterior Finish: Brick, Vinyl Siding Driveway : None 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: Coin Operated Pet Permit: Restricted Locker: Carpet Free Roof Type: Asphalt Shingle Sq Ft/Src: All appliances (brand new in the fall of 2019) 4 stoves, 4 fridges, 4 dishwashers,
OTR's,
operation device. Tenant belongings DOM: Commence Date: Selling Date: 03/22/2023 05/01/2023 9 Hot Water Heater
Client Full CMA Report
2
1 hood fan, 1 washer/dryer combo with coin
Michael Heddle
Minimums and Maximums
A summary of key property attributes in this analysis .
Listing Price between $599,900 and $1,115,000
Selling Price between $810,000 and $1,050,000 1,700 to 3,063 Square Feet $0.91 to $0.99 per Sold Square Foot
Year Built between 1907 and 1920
Subject Property: 70 BELVIEW Avenue, Hamilton, L8L 7K8 May 4, 2023
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
Researched and prepared by Michael Heddle Royal
Days On Market
Subject Property: 70 BELVIEW Avenue, Hamilton, L8L 7K8 May 4, 2023
number of days each property has been listed on the market. 0 10 20 30 40 50 60 39 SHERMAN Av 474 Barton St 1111 Cannon St 62 Barnesdale Av 14 AVALON Pl 30 Spadina Av 116 FAIRHOLT Rd 19 Greenaway Av 52 31 6 3 21 38 48 9 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
The
Property Locations
A map showing the subject and comparable properties
Subject Property: 70 BELVIEW Avenue, Hamilton, L8L 7K8 May 4, 2023
70 BELVIEW Avenue , Hamilton, L8L 7K8 3 4 Beds Baths Sq.Ft. Address Price Date Beds Baths Sq.Ft. 1 39 Sherman Av, Hamilton, L8M 2P6 $724,900 3/13/23 2,432 2 474 Barton St, Hamilton, L8L 2Y8 $599,900 4/3/23 2,016 3 1111 Cannon St, Hamilton, L8L 2J5 $1,100,000 4/28/23 3,063 4 62 Barnesdale Av, Hamilton, L8M 2V4 $799,888 5/1/23 1,700 5 14 Avalon Pl, Hamilton, L8M 1R3 $959,000 5 5/3/23 2,200 6 30 Spadina Av, Hamilton, L8M 2W9 $840,000 1/16/23 2,170 7 116 Fairholt Rd, Hamilton, L8M 2T7 $1,050,000 4/12/23 2,968 8 19 Greenaway Av, Hamilton, L8L 6C3 $810,000 3/31/23 2,000 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: 70 BELVIEW Avenue, Hamilton, L8L 7K8 May 4, 2023
0K 200K 400K 600K 800K 1,000K 1,200K 0 10 20 30 40 50 60 39 SHERMAN Av 474 Barton St 1111 Cannon St 62 Barnesdale Av 14 AVALON Pl 30 Spadina Av 116 FAIRHOLT Rd 19 Greenaway Av 724,900 599,900 1,100,000 799,888 959,000 849,900 1,115,000 815,000 840,000 1,050,000 810,000 52 31 6 3 21 38 48 9 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: 70 BELVIEW Avenue, Hamilton, L8L 7K8 May 4, 2023
Sell Price Sell Price Per Sq. Ft. Average Price: $860,500 Average Price/Sq Ft: $376 High Price: $1,100,000 High Price/Sq Ft: $471 Median Price: $825,000 Median Price/Sq Ft: $373 Low Price: $599,900 Low Price/Sq Ft: $298
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
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: 70 BELVIEW Avenue, Hamilton, L8L 7K8 May 4, 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 E: Geowarehouse Enhanced Report
70 BELVIEW AVE HAMILTON PIN 172250123
Copyright © 2002-2023 Teranet Inc. and its suppliers. All rights reserved.
This report was prepared by: SALES REPRESENTATIVE
mikeheddle@royallepage.ca
www.mikeheddle.ca
MICHAEL HEDDLE ROYAL LEPAGE STATE REALTY
Office: (905)574-7441
Fax: (905)662-2227 © 2023 Teranet
Client Report Generated on 2023
Inc.
Property Details
GeoWarehouse Address:
70 BELVIEW AVE
HAMILTON L8L7K8
PIN:
Land Registry Office:
Land Registry Status:
Registration Type:
Ownership Type:
172250123
HAMILTON WENTWORTH (62) Active
Certified (Land Titles) Freehold
70 BELVIEW AVE, HAMILTON | PIN 172250123
Report Generated On GeoWarehouse Client Report | Page 2 of 15 May 4, 2023 by
(78672)
MICHAEL HEDDLE
Lot Size
Area:
Perimeter:
Measurements:
2873.96 sq.ft
249.34 ft
30.05ft x 95.72ft x 30.05ft x 95.7ft
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
251804028204850
Taxation Year Phased-In Assessment
Previous Assessment N/A 2023
2022
2021
2020
Frontage: 30.0 ft
Depth:
Based On:
95.5 ft
January 1, 2016
Enhanced Site & Structure
Structures:
$301,000 $301,000 $301,000 $301,000
Description: 334 Property Code: $301,000
Residential property with four self-contained units
Current Assessment:
70 BELVIEW AVE, HAMILTON | PIN 172250123
Report Generated On GeoWarehouse Client Report | Page 3 of 15 May 4, 2023 by
MICHAEL HEDDLE (78672)
Assessment Roll Legal Description: PLAN 470 LOT 97
Property Address: 70 BELVIEW AVE HAMILTON ON L8L7K8
Zoning: D
Property Type: RESIDENTIAL
Site Area: 0.07A
Site Variance: Regular
Driveway Type: Separate or Private Driveway
Garage Type: DETACHED GARAGE
Garage Spaces: 0
Water Service Type: Municipal Sanitation Type: Municipal Pool: Indoor :N, Outdoor :N
Sales History
70 BELVIEW AVE, HAMILTON | PIN 172250123 # Year Built Bed Rooms Full Baths Half Baths Full Stories Partial Stories Split Level Fireplace 324 1920 3 4 0 2 1/2 storey No Split 0
Sale Date Sale Amount Type Notes
$329,000 Transfer
Report Generated On GeoWarehouse Client Report | Page 4 of 15 May 4, 2023 by MICHAEL HEDDLE (78672)
May 04, 2016
Mar 27, 2014 $240,000 Transfer Oct 01, 2007 $185,000 Transfer Jul 29, 2005 $1 Transfer Aug 01, 2003 $150,000 Transfer Sep 05, 1997 $90,000 Transfer Sep 05, 1997 $0 Transmission by Personal Representative (Land) Mar 31, 1970 $1 Transfer
70 BELVIEW AVE, HAMILTON | PIN 172250123
Report Generated On GeoWarehouse Client Report | Page 5 of 15 May 4, 2023
Demographics
by MICHAEL HEDDLE (78672)
70 BELVIEW AVE, HAMILTON | PIN 172250123 Report Generated On GeoWarehouse Client Report | Page 6 of 15 May 4, 2023
by MICHAEL HEDDLE (78672)
70 BELVIEW AVE, HAMILTON | PIN 172250123 Report Generated On GeoWarehouse Client Report | Page 7 of 15 May 4, 2023
by MICHAEL HEDDLE (78672)
