$529,900
For sale: Multiplex

AMAZING value in this 3-unit property in the desirable Normanhurst neighbourhood! All 3 units above grade with tons of natural light. The front main floor unit features a bright and airy open concept 1 bedroom unit with private entrance at the front of the house, luxury vinyl flooring, modern white kitchen and in suite laundry. In the rear, you will find an another 1bedroom unit with private entrance featuring 4 piece bath and upstairs, is a beautiful spacious 2 bedroom unit featuring in suite laundry and natural light from every angle. This property features 3 hydro meters, 3 gas meters and plenty of private on-site parking. Located close to all amenities with prime highway access, plenty of parks and schools, this investment property is the perfect addition to your portfolio!
Sold data
Multiplex homes in Hamilton (Normanhurst) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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.
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
Hamilton (Normanhurst) 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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