250 Magnolia Drive, Unit 31, Hamilton, ON

$530,000
MLS#:X12070831
3 beds
1 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 27, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Fessenden. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $530,000 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 1 Bathroom
  • Generous living space spanning 1000-1199 sqft
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This beautifully maintained end-unit townhouse in the desirable and family-friendly West Mountain area welcomes you home! Draped in sunlight from east to west, the spacious open concept main floor makes for the perfect layout. Newly installed modern laminate flooring adds the right touch to an already inviting space. Enjoy the morning sunrise in the kitchen through the large east facing windows. The separate walk-out to the spacious backyard makes summer gatherings that much more enjoyable. The newly remodelled bathroom gives you the expensive spa feel right from the comfort of your own home. Complimented with 3 full-sized bedrooms and new built-in custom closets in each, affording you all of the space you could need. Take advantage of the convenience of parking your car in the garage and walking right into your home through the separate entrance. The world is your oyster, thanks to the generously sized basement. Make it into a 4th bedroom, your home office, entertainment room or a gym. Short walk to Farm Boy, schools, parks and a short drive to all of the shopping you need on Golf Links Rd. Maintenance fee includes water, Rogers Xfinity TV & Rogers Xfinity unlimited internet.

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Property Summary

This townhouse located at 250 Magnolia Drive, Hamilton is currently for sale and has been available on SousaSells for 463 days. This property is listed at $530,000 with an estimated mortgage of $1,764* per month. It has 3 beds, 1 bathroom, and is 1000-1199 square feet. 250 Magnolia Drive, Hamilton is in the Fessenden neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 27, 2025
Sold price information is available to members only
Listed Date4/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Partially Finished
CountyHamilton
Annual Tax$2,785

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Public Transit, Fenced Yard, Park

Interior Features

Water Heater Owned, Auto Garage Door Remote

Security Features

Community Features

Virtual Tours

Location

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250 Magnolia Drive, Unit 31, 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 250 Magnolia Drive 31, Hamilton, ON L9C 6M3

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$159,000 (30.0%)
* Minimum Canadian down payment required for this price is $28,000.
Amortization Period30 Years
Estimated Monthly Payment$1,764Based on a loan of $371,000 over 30 years.
Purchase Price$530,000
Loan Amount$371,000
Provincial Land Transfer Tax:$7,075
Total Estimated Closing Taxes:$7,075

About Purchasing a Home in Hamilton, ON

For a property listed at $530,000 in Hamilton, the legal minimum down payment is $28,000 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 $7,075 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 $7,075.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$712,010

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

Regina Mundi
Public675 Mohawk Road West, Westcliffe West, Hamilton, Ontario, L9C 1X7
6.8
Gordon Price
Public11 Guildwood Drive, Gurnett, Hamilton, Ontario, L9C 7K2
3.6
St Vincent de Paul
Public295 Greencedar Drive, Gurnett, Hamilton, Ontario, L9C 7M9
7.2
Holbrook
Public450 Sanatorium Road, Westcliffe West, Hamilton, Ontario, L9C 2B1
6.3
St Teresa of Avila
Public171 San Remo Drive, Mountview, Hamilton, Ontario, L9C 6P8
4.9

Secondary Schools

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