Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Stoney Creek Mountain. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,499,000 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.
The exceptionally Beautiful spacious Home Boasts Over 4000 Sqft of Living Space, FullyRenovated layout offers four (4) large bedrooms and five (5) bathrooms, including asecond-floor laundry room for ultimate convenience and a luxurious primary suite. The mainlevel is designed for both productivity and entertainment, featuring a private office, a formalliving room, a separate family room, and a family-sized eat-in kitchen complete with aconvenient butler's pantry. Downstairs, the finished basement acts as the ultimate retreat,offering a custom home theatre and games room equipped with two wet bars and a unique built-invault. High-end details elevate the entire property, which is fully upgraded with modernrecessed pot lights installed throughout the home. Jacuzzi Tub In the Basement. A SpectacularlyOver-Sized Fully Fenced Pie shaped Back Yard included Sprinkler System, With Large Size WoodDeck, gas pipe line for BBQ. 200 Amp. Breaker system.
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Data-driven valuation for 267 Penny Lane, Hamilton, ON L8J 0E5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $1,499,000 in Hamilton, the legal minimum down payment is $299,800 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 $26,455 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 $26,455.
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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.