194 Thames Way, Hamilton, ON

$909,000
MLS#:X10414670
3 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mount Hope. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $909,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 40.03 x 114.41 ft lot
  • Features a finished 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: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome home! This 3-bedroom, 4-bathroom home offers over 2,000 sqft of living space and is located in a family-friendly Mount Hope neighbourhood, directly across the street from a park, perfect for outdoor play and family enjoyment.Updated in December 2023, the main floor features durable vinyl flooring and a custom-built TV unit, ideal for family gatherings. The large kitchen & is perfect for entertaining, offering plenty of counter space and a functional layout with a large dining room. New windows and a patio door (September 2023) bring in natural light, creating a bright and inviting atmosphere. Convenience of a 2pc bath is also located on the main floor for added convenience complete with garage access.The second floor offers large bedrooms for maximum comfort. The primary includes a fully renovated ensuite(2022), walk-in closet & complete with electric fireplace for a relaxing retreat. The spacious second bedroom features a walk-in closet, offering ample storage space. All rooms have been updated with fresh carpet (February 2022) to ensure a cozy feel. An updated spare bath completes the upper level. Attic re-insulation (June 2024) helps maintain comfort year-round. The finished basement (March 2020) offers even more living space with a second custom-built TV unit and a bar area, perfect for entertaining guests or enjoying a night in. This level provides flexibility for use as a playroom, media room, or home office, making it ideal for growing families.In close proximity to public transit, places of worship, and more. Book your private showing today!

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Property Summary

This detached home located at 194 Thames Way, Hamilton is currently for sale and has been available on SousaSells for 615 days. This property is listed at $909,000 with an estimated mortgage of $3,026* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 194 Thames Way, Hamilton is in the Mount Hope neighborhood.

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

Key Features

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

Additional Details

StatusSold
Sold DateNovember 15, 2024
Sold price information is available to members only
Listed Date11/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick Front, Vinyl Siding
BasementFinished
Lot Size40.03 × 114.41 Feet
CountyHamilton
Annual Tax$5,141
Legal DescriptionLOT 112, PLAN 62M992, GLANFORD. S/T EASE IN FAVOUR OF CITY OF HAMILTON AS IN WE206331; S/T A RIGHT TO ENTER AT ANY TIME WITHIN 10 YRS AFTER 04/08/23 OR UNTIL THE SUBDIVISION HAS BEEN FULLY ASSUMED BY THE CITY AS IN WE256224; CITY OF HAMILTON.

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Place Of Worship, Public Transit, School

Interior Features

Water Heater

Security Features

Community Features

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Location

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194 Thames Way, 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 194 Thames Way, Hamilton, ON L0R 1W0

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.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$272,700 (30.0%)
* Minimum Canadian down payment required for this price is $65,900.
Amortization Period30 Years
Estimated Monthly Payment$3,026Based on a loan of $636,300 over 30 years.
Purchase Price$909,000
Loan Amount$636,300
Provincial Land Transfer Tax:$14,655
Total Estimated Closing Taxes:$14,655

About Purchasing a Home in Hamilton, ON

For a property listed at $909,000 in Hamilton, the legal minimum down payment is $65,900 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 $14,655 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 $14,655.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$973,755

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.