$699,000
Hamilton
193 LOCKE Street North, Hamilton, Ontario, L8R3B1
This 3-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 1,003 sq ft of space. Listed at $699,000, it is attractively priced about 7% below the $749,900 median asking price in Hamilton. It has been on the market 55 days, fresher than the Hamilton average of 65 days.
Prime Strathcona/North End Development & Investment Opportunity! Discover the potential of this ideally located property in one of Hamilton's most desirable and transforming neighbourhoods. Just minutes from Bayfront Park, waterfront trails, downtown amenities, green spaces, and major highway routes, this location offers exceptional convenience and long-term appeal. Situated on a substantial 50 x 100 ft lot, the possibilities are extensive. Whether you're envisioning a custom-built dream home, exploring the potential for lot severance into two separate building lots (subject to municipal approvals), or considering a duplex-style development, this property offers a unique opportunity to maximize value in a neighbourhood experiencing continued growth and redevelopment. RSA Step inside the existing three bedroom, two bathroom bungaloft, Enter directly through from your garden or driveway into the mudroom. The updated and modern kitchen has an area for dining and the attached sunroom offers additional space and direct access to your deck, to enjoy indoor/outdoor living! On this level, you will find a spacious living room, two bedrooms, and a two piece washroom. Head upstairs to your loft area featuring a bedroom and four piece bathroom. The choice is yours, live in the home, generate rental income, or hold the property while planning your future project. Surrounded by strong property values and ongoing investment, this is an excellent opportunity for homebuyers, builders, investors, and end users alike. Secure a versatile property in a sought-after location and unlock its full potential. Don't miss out on this property, book your showing today! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 65 days across the listings currently for sale in this city
This 3-bed single family in Hamilton has been listed for 55 days, which is 10 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 13.0× the local median household income of $53,600.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 155% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8R)
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