297 Magnolia Drive, Hamilton, ON

$762,000
MLS#:X12033343
6 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 21, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 4 semi-detached located in the coveted neighborhood of Fessenden. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $762,000 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.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 32 x 120 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Built-In Oven, Upgraded Insulation
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Offers Welcome Anytime! Completely Renovated Six (3+3) Bedroom Backsplit Semi Detach Sitting on a Massive Lot with 120 Ft Depth Located in One of the Best Family Friendly Neighborhood on Hamilton Mountain bordering on Ancaster & Meadowland With Great High Ranked Schools. This Contemporary Open Concept Home comes with 2 Full Washrooms as Well. Separate Side Entrance to Lower Level brings in Amazing potential to make this House as Perfect Home for Investors, First Time Home Buyers & Growing Families Who Want Their Separate Living Space with Lower Level Having its Own 3 Bedrooms & 1 Full Washroom <<Upgrades are Endless in this House with New Hardwood Flooring, New Quartz Kitchen Countertop, New Pot lights, Brand New Built in Stainless Steel Energy Efficient Smart Wi-Fi Appliances, Freshly Painted. Also Enjoy The Massive Fully Fenced Backyard With Potential to Add Garden Suite<<<Location>>> The House is Perfectly Situated With Few Minutes Drive to Costco, Lincoln M Alexander Highway. 5 Min Dr to Mohawk College, 15 Min Dr to McMaster University, 5 Min Dr to Hamilton Golf & Country Club. Within Walking Distance The Bruce Trail, Recreation Centre With Swimming, Parks, Basketball Court And Tennis Court & Public Transportation.

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Property Summary

This detached home located at 297 Magnolia Drive, Hamilton is currently for sale and has been available on SousaSells for 482 days. This property is listed at $762,000 with an estimated mortgage of $2,536* per month. It has 6 beds, 2 bathrooms, and is 1100-1500 square feet. 297 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
6
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 21, 2025
Sold price information is available to members only
Listed Date3/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBacksplit 4
ConstructionConcrete, Brick
BasementSeparate Entrance, Finished
Lot Size32 × 120 Feet
CountyHamilton
Annual Tax$3,998
Legal DescriptionPCL 23-1, SEC M188;LT 23,PL M188;S/T LT52277

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School, Golf, Hospital, Library, Electric Car Charger

Interior Features

Built-In Oven, Upgraded Insulation

Security Features

Community Features

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Location

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297 Magnolia 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 297 Magnolia Drive, Hamilton, ON L9C 6R2

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$228,600 (30.0%)
* Minimum Canadian down payment required for this price is $51,200.
Amortization Period30 Years
Estimated Monthly Payment$2,536Based on a loan of $533,400 over 30 years.
Purchase Price$762,000
Loan Amount$533,400
Provincial Land Transfer Tax:$11,715
Total Estimated Closing Taxes:$11,715

About Purchasing a Home in Hamilton, ON

For a property listed at $762,000 in Hamilton, the legal minimum down payment is $51,200 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 $11,715 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 $11,715.

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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.