34 Hopeton St W
Cambridge, N1R 3T3
FOR SALE
$699,000
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3 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS12 + 4
ROOMSX11974679
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Property Description
Investor's Dream or Perfect Family Home!This spacious 3-bedroom semi-detached home with a legal 2-bedroom basement apartment is anincredible opportunity for the right buyer looking to add value with some TLC. Whether you'rean investor, end user, or renovator, this property offers huge potential with its functionallayout and prime location.Each unit is designed for flexibility and convenience, featuring separate entrances, furnaces,and utilitiesideal for rental income or multi-generational living in a high-demand rentalarea.The upper unit boasts an open floor plan, with a massive master bedroom, private ensuite, andwalk-in closet, making it perfect for comfortable family living. Situated on a generous lot,this home offers seamless access to Highways 401, 24, and 8, as well as top-rated schools,shopping, and amenities just moments away.The fenced backyard is ideal for outdoor gatherings, while the finished basement addsincome-generating potential. With a little care and vision, this property can be transformedinto a fantastic investment or forever home. Don't miss this rare find! Extras: 2 Fridges, 2 Stoves, 2 Laundry Washers, 2 Laundry Dryers.
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Property Details
Street
City
Property Type
Semi-Detached, 2-Storey
Lot Size
29' x 166'
Fronting
West
Taxes
$4,037 (2024)
Basement
Fin W/O
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.17' x 11.48' | |
| Dining | Main | 10.17' x 13.45' | |
| Kitchen | Main | 6.89' x 7.87' | |
| Br | Main | 8.86' x 14.11' | |
| Br | Main | 8.86' x 12.14' | |
| Prim Bdrm | 2nd | 12.14' x 18.04' | |
| Living | Lower | 10.17' x 11.48' | |
| Dining | Lower | 10.17' x 13.45' | |
| Kitchen | Lower | 6.89' x 7.87' | |
| Br | Lower | 8.86' x 14.11' |
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Cambridge Market Statistics
Cambridge Price Trend
34 Hopeton St W is a 3-bedroom 3-bathroom home listed for sale at $699,000, which is $54,000 (7.2%) lower than the average sold price of $753,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Cambridge increased by $31,334 (4.3%) compared to the previous 30 day period (December 22 - January 20) and up $42,699 (6.0%) from the same time one year ago.Inventory Change
There were 43 3-bedroom homes listed in Cambridge over the last 30 days (January 21 - February 19), which is up 26.5% compared with the previous 30 day period (December 22 - January 20) and up 87.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold ($6,579) (0.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $9,146 decrease compared to the previous 30 day period (December 22 - January 20) and $1,020 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Cambridge over the last 30 days (January 21 - February 19) stood at 58.1%, up from 52.9% over the previous 30 days (December 22 - January 20) and down from 282.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Cambridge stood at 14 days when successfully sold over the last 30 days (January 21 - February 19), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Save Max Bulls Realty
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