302 Festival Way, Hamilton, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Glanbrook. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $875,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 11 x 32.34 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Terrific value in this 4 bedroom, 3.5 bath quality Losani built home featuring a walk-out from the lower level! This is a fantastic home for a growing family. All 4 bedrooms are large and 2 have ensuite baths and one features a walk out balcony. Some of the many upgrades include an elevated deck off kitchen, upgraded kitchen cabinets and island, all brick exterior, triple wide sliding patio doors off kitchen and from walk out basement. 3 full baths and laundry on second floor. 9' ceilings on main floor and basement. This beautiful home functions well both for growing family and entertaining friends and family. Room sizes approx.
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Pricing & Value Insights
Data-driven valuation for 302 Festival Way, Hamilton, ON L0R 1C0
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About Purchasing a Home in Hamilton, ON
For a property listed at $875,000 in Hamilton, the legal minimum down payment is $62,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,975 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.