154-156 FREELTON ROAD, Hamilton (Freelton)
$1,550,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 13 bedrooms, 11 bathrooms
- Living area
- 100,000 sqft
- MLS®
- MLS® X13207934
- Neighbourhood
- Freelton
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.
Sold data
Homes in Hamilton (Freelton) — recent sold market
Homes in Hamilton (Freelton) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 55, across 1,146 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $679,894.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
- Median days to sell
- 30
- Median sale price
- $679,894
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 11%
Based on 1,146 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Hamilton (Freelton)
Hamilton (Freelton) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
- Rated schools
- 130
- Elementary
- 108
- Secondary
- 22
- Average rating
- 5.6 / 10
Top-rated schools in Hamilton (Freelton)
- Corpus Christi — elementary, HamiltonFraser rating 10.0/10
- Norwood Park — elementary, HamiltonFraser rating 8.4/10
- Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
- Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
- Westmount — secondary, HamiltonFraser rating 7.3/10
- Sacred Heart — elementary, HamiltonFraser rating 7.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 154-156 FREELTON ROAD
$1,999,000
Multiplex1465,000–100,000 sqft424 EAST 42ND STREET, Hampton Heights, Hamilton
$1,495,000
Multiplex955,000–100,000 sqft407 MAIN STREET E, Springford, Norwich
$1,300,000
Multiplex11+255,000–100,000 sqft500-502 COLBORNE STREET, East F, London East
$4,495,000
Multiplex12+4105,000–100,000 sqft121 FOURTH STREET, New Toronto, Toronto
$999,000
Multiplex1695,000–100,000 sqft22 & 24 RIVER STREET, 561 - Port Robinson, Thorold
$3,700,000
Multiplex13+495,000–100,000 sqft3025 QUEEN STREET E, Birchcliffe-Cliffside, Toronto
$2,200,000
Multiplex12125,000–100,000 sqft25 WALTON AVENUE, Kitchener
$1,700,000
Multiplex1265,000–100,000 sqft221 HIGHVIEW DRIVE, St. Thomas, St. Thomas