2545 Highway 56 Road, Hamilton, ON
Property no longer active
This property was sold on May 26, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Binbrook. Expertly crafted featuring premium asbestos siding construction, this residence presents an exceptional opportunity offered at $839,900 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 95 x 193.71 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Separate Hydro Meter
- equipped with window unit(s) central cooling and highly efficient baseboard heating via other
Description
Charm & character fill this beautiful bungalow in quaint Binbrook. Owned by the same family since 1950, this home has been lovingly maintained with nostalgic qualities. Enjoy a stunning park like 95ft x 194 ft. lot w/ beautiful perennial gardens, front porch, back deck and large detached garage/ workshop 7 car driveway. The bright interior offers a large primary suite w/ walk-in closet, hardwood floors in the living and dining room, pretty kitchen with granite counters, 4 pc. bathroom and elegant mouldings and millwork. The basement has a large recreation with a gas/stove, laundry and storage area. Multi-Use zoning offers potential for a small business or office space. Currently on septic and cistern with potential to hook up to city water and sewage, heated by a boiler system and AC wall unit. Nothing to do but move in and enjoy!
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Property Summary
This detached home located at 2545 Highway 56 Road, Hamilton is currently for sale and has been available on SousaSells for 443 days. This property is listed at $839,900 with an estimated mortgage of $2,796* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 2545 Highway 56 Road, Hamilton is in the Binbrook neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Level, Library, Place Of Worship, Public Transit, School
Interior Features
Primary Bedroom - Main Floor, Separate Hydro Meter
Security Features
Smoke Detector
Community Features
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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 2545 Highway 56 Road, Hamilton, ON L0R 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $839,900 in Hamilton, the legal minimum down payment is $58,990 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 $13,273 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 $13,273.
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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.