238 Medici Lane, Hamilton, ON

$999,000
MLS#:X11892094
4 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 3, 2025. 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 Carpenter. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,000 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 2000-2500 sqft on a premium 40.68 x 98.43 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Ventilation System, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautiful and spacious 4-bedroom, 3-bathroom family home for sale in the highly sought-after Carpenter neighbourhood. This charming open-concept home features a dramatic open-to-above foyer with high ceilings, a cozy living room with a fireplace, and a seamless family room-to-kitchen combo. Enjoy broadloom throughout, ceramic tiling in the kitchen and foyer, and California shutters for added style and privacy. Additional storage space has been created with newly added drywall, making this home both functional and stylish. The basement is larger than shown in photos, offering even more potential for customization. The backyard is currently unfinished, providing a blank canvas to design your dream outdoor space. Located just minutes from schools, parks, highway access, shopping, and more, this property is perfect for families seeking comfort and convenience!

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Property Summary

This detached home located at 238 Medici Lane, Hamilton is currently for sale and has been available on SousaSells for 581 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 238 Medici Lane, Hamilton is in the Carpenter 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
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 3, 2025
Sold price information is available to members only
Listed Date12/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementUnfinished
Lot Size40.68 × 98.43 Feet
CountyHamilton
Annual Tax$7,048.36
Legal DescriptionLOT 57, PLAN 62M1180 SUBJECT TO AN EASEMENT IN GROSS AS IN WE860993 SUBJECT TO AN EASEMENT FOR ENTRY UNTIL 2022/11/07 AS IN WE867125 SUBJECT TO AN 40.68 EASEMENT FOR ENTRY UNTIL 2024/08/22 AS IN WE984716 CITY OF HAMILTON

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, Ventilation System, Water Heater

Security Features

Community Features

Location

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238 Medici 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 238 Medici Lane, Hamilton, ON L9B 0G6

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$299,700 (30.0%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period30 Years
Estimated Monthly Payment$3,325Based on a loan of $699,300 over 30 years.
Purchase Price$999,000
Loan Amount$699,300
Provincial Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$16,455

About Purchasing a Home in Hamilton, ON

For a property listed at $999,000 in Hamilton, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,008,119

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

St Thérèse of Lisieux
Public1760 Garth Street, Carpenter, Hamilton, Ontario, L9B 2X5
7.1
St Vincent de Paul
Public295 Greencedar Drive, Gurnett, Hamilton, Ontario, L9C 7M9
7.2
Gordon Price
Public11 Guildwood Drive, Gurnett, Hamilton, Ontario, L9C 7K2
3.6
R A Riddell
Public200 Cranbrook Drive, Gilkson, Hamilton, Ontario, L9C 4S9
5.7
Corpus Christi
Public25 Alderson Drive, Kennedy East, Hamilton, Ontario, L9B 1G3
10.0

Secondary Schools

St. Thomas More
Catholic1045 Upper Paradise Road, Falkirk East, Hamilton, Ontario, L9B 2N4
6.1
Sir Allan MacNab
Public145 Magnolia Drive, Fessenden, Hamilton, Ontario, L9C 5P4
3.8
Westmount
Public39 Montcalm Drive, Rolston, Hamilton, Ontario, L9C 4B1
7.3

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.