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
Multiplex homes in Hamilton (Freelton) — recent sold market
Multiplex homes in Hamilton (Freelton) took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 87 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.
The median sale price was $769,900.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 42
- Median sale price
- $769,900
- Sale-to-list ratio
- 96.6%
- Sold above asking
- 8%
Based on 87 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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
$2,100,000
Multiplex12115,000–100,000 sqft280 WEIR STREET N, Homeside, Hamilton
$2,495,000
Multiplex15+4135,000–100,000 sqft41 ALBERT STREET, Blakeley, Hamilton
$4,900,000
Multiplex20215,000–100,000 sqft162 ALMA STREET, Rockwood, Guelph/Eramosa
$2,625,000
Multiplex12135,000–100,000 sqft214 WENTWORTH STREET S, Stinson, Hamilton
$1,690,000
Multiplex12125,000–100,000 sqft75 DOUNE STREET, SE, Strathroy-Caradoc
$3,700,000
Multiplex13+495,000–100,000 sqft3025 QUEEN STREET E, Birchcliffe-Cliffside, Toronto
$1,575,000
Multiplex775,000–100,000 sqft25 WEST AVENUE S, Stinson, Hamilton
$2,988,000
Multiplex14+565,000–100,000 sqft2963 DUNDAS STREET W, Junction Area, Toronto