$584,999
For sale: Detached

418 Fairfield Avenue, Hamilton - Versatile 2+1 bedroom home with income potential. Originally a 3-bedroom main floor; one bedroom converted into a spacious dining room (can be converted back). Separate 1-bedroom basement unit with private entrance. Basement is currently vacant--ideal for owner occupancy or setting your own market rent. Main floor is tenant-occupied at $2,200/month; tenants are willing to stay or vacant possession can be provided. Prime central Hamilton location, just minutes from Centre on Barton, shopping, schools, parks, public transit, and major highways. Excellent opportunity for investors, first-time home buyers or multi-generational families.
Sold data
Detached homes in Hamilton (Homeside) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 52, across 833 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $767,777.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 833 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Homeside) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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