DundasProperties.com real estate services
Accurate Honest Information
DundasProperties.com real estate services
Accurate Honest Information
HISTORIC DUNDAS
King Street West Location
Located on King Street West in the Historic Town of Dundas this Income property grosses over $46,000 per year with the potential to generate further income. Currently set up as a main floor commercial ( profession restaurant) unit with a second floor residential apartment. The second floor could be rented out as a commercial unit and would make a perfect office or studio that would accommodate a wide spectrum of businesses. Perfect for an Owner Operator. There is a private driveway and back yard with a storage unit/shed. For an email package Email dz@remaxcentre.ca , David Zalepa, Sales Representative REMAX Real Estate Centre. DIRECT 905-570-2054 Listed $899,900
DUNDAS REAL ESTATE MARKET STATISTICS
Sales Statistics
MAY 2020
Number of Sales = 16
Average Sale Price = $756,065
Median Sale Price = $702,500
APRIL 2020
Number of Sales = 13
Average Sale Price = $621,112
Median Sale Price = $602,500
Average Days on the Market = 23
Swimming Pools have become very popular. This Pandemic has resulted in Buyer's seeking out properties with pools. Self isolation and social distancing are changing the way people live. It was reported in the Hamilton Spectator that pool companies cannot keep up with the demand for pools this spring.
MARKET CONDITIONS
MAY 30,2020
As the State of Emergency in Ontario continues for another two weeks what can we expect for the Real Estate Market ?
May reported 16 sales with an average sale price of $756,065 . Compared to May 2019 that recorded 39 sales with an average sale price of $588,688. Sales have dropped by about 60% but values remain resilient for the time being.
Facts are we have not yet realized what the results of this Pandemic will have on our economy or the real estate market.
Currently market conditions are good for people that have to sell as supply remains low and there is still demand.
If you have plans to move this year contact me to set up a Virtual Meeting via zoom, to discuss your situation. Request an E-Valuation, (electronic evaluation) of your property, just send an email request to dz@remaxcentre.ca. Or call me direct , the old fashion way, at 905-570-2054
NO Gimmicks, no false promises just accurate, honest information and service delivered with integrity.