10 Reservoir Road, Hamilton, ON

$1,599,900
MLS#:X10408291
4 beds
3 baths
1500-2000 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Fruitland. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,599,900 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 75 x 207.3 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Bar Fridge, Central Vacuum, In-Law Capability
  • equipped with other central cooling and highly efficient forced air heating via other

Description

Nestled on a serene dead-end street with only five homes, this exceptional property offers unmatched privacy and tranquility. Perched on the escarpment plateau, the home boasts stunning panoramic views of both the lake and the surrounding escarpment, providing a picturesque backdrop to everyday living. Sitting on a generous 75' x 207' lot, the property offers plenty of outdoor space, perfect for both relaxation and entertainment. The centerpiece of the yard is a luxurious, heated inground saltwater pool, ideal for warm summer days. With mature trees and lush landscaping, this backyard oasis offers plenty of seclusion, making it feel like a private retreat. The home itself features 3+1 bedrooms and 3 full bathrooms, offering ample space for families of all sizes. Large windows flood the home with natural light and invite the beautiful views into nearly every room. The open-concept living and dining areas provide a perfect flow for entertaining. A standout feature of the home is the walk-up basement, which presents fantastic in-law suite potential. This flexible space could be transformed into an independent living area with its own private entrance, offering endless possibilities. Located in a quiet and exclusive neighborhood, it's the perfect retreat from the hustle and bustle while still being conveniently close to everything you need!

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Property Summary

This detached home located at 10 Reservoir Road, Hamilton is currently for sale and has been available on SousaSells for 617 days. This property is listed at $1,599,900 with an estimated mortgage of $5,325* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 10 Reservoir Road, Hamilton is in the Fruitland 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 DateNovember 21, 2024
Sold price information is available to members only
Listed Date11/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Stone
BasementFinished with Walk-Out, Full
Lot Size75 × 207.3 Feet
CountyHamilton
Annual Tax$6,494.24
Legal DescriptionPT LT 2, CON 3 SALTFLEET , AS IN HL238755 ; STONEY CREEK CITY OF HAMILTON

Parking & Garage

Parking Spaces12.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceOther
Heat TypeForced Air
CoolingOther

Features

Property Features

Cul de Sac/Dead End, Fenced Yard, Greenbelt/Conservation, Wooded/Treed

Interior Features

Bar Fridge, Central Vacuum, In-Law Capability, Propane Tank, Solar Tube, Sump Pump, Water Heater Owned

Security Features

Community Features

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Location

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10 Reservoir Road, 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 10 Reservoir Road, Hamilton, ON L8E 5K8

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$479,970 (30.0%)
* Minimum Canadian down payment required for this price is $319,980.
Amortization Period30 Years
Estimated Monthly Payment$5,325Based on a loan of $1,119,930 over 30 years.
Purchase Price$1,599,900
Loan Amount$1,119,930
Provincial Land Transfer Tax:$28,473
Total Estimated Closing Taxes:$28,473

About Purchasing a Home in Hamilton, ON

For a property listed at $1,599,900 in Hamilton, the legal minimum down payment is $319,980 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 $28,473 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 $28,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$919,765

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

Corpus Christi
Public25 Alderson Drive, Kennedy East, Hamilton, Ontario, L9B 1G3
10.0
Norwood Park
PublicBalfour, Hamilton, Ontario
8.4
Pope John Paul II
Public
8.0
Our Lady of Lourdes
Public420 Mohawk Road East, Thorner, Hamilton, Ontario, L8V 2H7
7.3
Sacred Heart
Public5 Hamilton Avenue, Eastmount, Hamilton, Ontario, L8V 2S3
7.2

Secondary Schools

Westmount
Public39 Montcalm Drive, Rolston, Hamilton, Ontario, L9C 4B1
7.3
St. Mary’s
Catholic146 Park Street North, Central, Hamilton, Ontario, L8R 2N2
7.2
Georges-P-Vanier
Public100 Macklin Street North, Westdale North, Hamilton, Ontario, L8S 3S1
7.1

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.