241 SOUTHBROOK Drive, Hamilton, ON

$679,990
MLS#:X8423664
3 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 12, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Binbrook. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $679,990 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 19.91 x 171.88 ft lot
  • Features a partially finished 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: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Luxurious freehold townhome boasting over 1800 sq ft of living space, featuring an updated Thomasville kitchen with an extended quartz island. The upper level offers 3 spacious bedrooms, including a master suite with an ensuite and an additional 4-piece bathroom. The partially finished basement includes an amazing home theatre system. Don't wait, come see your new home today!

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Property Summary

This townhouse located at 241 SOUTHBROOK Drive, Hamilton is currently for sale and has been available on SousaSells for 772 days. This property is listed at $679,990 with an estimated mortgage of $2,263* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 241 SOUTHBROOK Drive, Hamilton is in the Binbrook 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 DateAugust 12, 2024
Sold price information is available to members only
Listed Date6/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionVinyl Siding
BasementPartially Finished
Lot Size19.91 × 171.88 Feet
CountyHamilton
Annual Tax$4,140
Legal DescriptionPT LT 53, PL 62M961, BEING PT 52 ON 62R16648, CITY OF HAMILTON S/T EASE IN FAVOUR OF CITY OF HAMILTON AS IN WE107015S/T RIGHT FOR FIVE YRS AFTER COMPLETION OF RDS ON 62M961 AS IN WE225254

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, School

Interior Features

Other

Security Features

Community Features

Location

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241 SOUTHBROOK Drive, 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 241 SOUTHBROOK Drive, Hamilton, ON L0R 1C0

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$203,997 (30.0%)
* Minimum Canadian down payment required for this price is $42,999.
Amortization Period30 Years
Estimated Monthly Payment$2,263Based on a loan of $475,993 over 30 years.
Purchase Price$679,990
Loan Amount$475,993
Provincial Land Transfer Tax:$10,075
Total Estimated Closing Taxes:$10,075

About Purchasing a Home in Hamilton, ON

For a property listed at $679,990 in Hamilton, the legal minimum down payment is $42,999 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 $10,075 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 $10,075.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$852,674

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

Michaëlle Jean
Public2121 Regional Road 56, Hamilton, Ontario, L0R 1C0
7.0

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.