1 Wakefield Lane, Hamilton, ON

$979,000
MLS#:X9311519
4 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Waterdown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $979,000 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 42.43 x 115.41 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Family Friendly Street and Neighbourhood, Rare Corner Lot Opportunity in this highly Sought-After Neighborhood. Welcome to your dream home! You'll love the convenience of parking two cars side by side in the double driveway. Lovingly maintained by the same family for 24 years, this home offers a host of modern updates: Master Suite: Enjoy the luxury of a master ensuite and his-and-her master closets with organizers. Updated Bathrooms: All bathrooms have been tastefully updated in 2021 and 2023. Gourmet Kitchen: Features quartz countertops, a tiled backsplash, an undermount sink, and updated appliances. Stylish Touches: California shutters (2022) and updated windows and doors (2022) add a touch of elegance. Relax: Next to your fireplace with a recent top of the line valor gas insert, enjoy the ambiance and warmth on those winter nights. Curb Appeal: A stamped concrete walkway and front porch greet your guests with stunning curb appeal. Eaves were updated in 2021. Step into the entertainers' dream backyard, complete with professionally installed turf, a child and pet-friendly area for maintenance-free living, stunning back deck and patio and don't miss the great use of the side space of the home showcasing a tranquil place to relax. Completely fenced in backyard. A basement with endless possibilities for your finishing touches that has great ceiling height. Walking distance to parks and amenities. Don't miss this special home.

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Property Summary

This detached home located at 1 Wakefield Lane, Hamilton is currently for sale and has been available on SousaSells for 673 days. This property is listed at $979,000 with an estimated mortgage of $3,259* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 1 Wakefield Lane, Hamilton is in the Waterdown neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 7, 2024
Sold price information is available to members only
Listed Date9/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size42.43 × 115.41 Feet
CountyHamilton
Annual Tax$5,110.23
Legal DescriptionPCL 129-7, SEC 62M712 ; PT LT 129, PL 62M712 , PART 11 , 62R12681 , S/T LT339403 ; FLAMBOROUGH CITY OF HAMILTON

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, School

Interior Features

None

Security Features

Community Features

Location

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1 Wakefield Lane, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 Wakefield Lane, Hamilton, ON L0R 2H3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

Configure Loan Settings

Interest Rate4.00%
Down Payment$293,700 (30.0%)
* Minimum Canadian down payment required for this price is $72,900.
Amortization Period30 Years
Estimated Monthly Payment$3,259Based on a loan of $685,300 over 30 years.
Purchase Price$979,000
Loan Amount$685,300
Provincial Land Transfer Tax:$16,055
Total Estimated Closing Taxes:$16,055

About Purchasing a Home in Hamilton, ON

For a property listed at $979,000 in Hamilton, the legal minimum down payment is $72,900 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 $16,055 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 $16,055.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterdown, Hamilton.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,015,171

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Guardian Angels
Public705 Centre Road, Waterdown, Hamilton, Ontario, L8N 2Z7
6.7
Flamborough Centre
Public922 Centre Road, Hamilton, Ontario, L8N 2Z7
6.0

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.