3 Derek Drive, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Gershome. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $1,299,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 31.59 x 162 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, ERV/HRV
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This Gorgeous Bungalow is Nestled in Quiet Court on a Ravine Lot with Excellent Curb Appeal and a Backyard You've Dreamed About! Located in Beautiful East Hamilton on the Stoney Creek Border puts you just Minutes from Everything; Shopping, Parks, Hiking Trails, Hospitals, Schools, The Red Hill Expressway, QEW Highway, Mountain Access and The Confederation GO Transit Station. As You Walk Inside, You'll Appreciate the Spacious Living Room, Dining Room and Kitchen with Plenty of Cabinetry & Counter Space, 2 Spacious Bedrooms and 2 Full Bathrooms, Home Office Gleaming with Natural Light, and a Large Laundry/Mud Room. You'll Be Very Impressed with the 3 Season Patio, with a Stunning Built-in Stainless Steel Napoleon Barbecue, 2 Commercial Grade Heaters, Gas Fireplace Below TV Mount, and Tons of Space to Entertain Family & Friends. Additional Features Include: Extra Wide Exposed Aggregate Driveway, Attached Double Garage, Large Fenced Backyard and Don't Forget About What the View From the Patio Looks Like, Backing on to a Picturesque Ravine, that's Quiet and Private. This Home is Truly One of a Kind!!
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Property Summary
This detached home located at 3 Derek Drive, Hamilton is currently for sale and has been available on SousaSells for 663 days. This property is listed at $1,299,900 with an estimated mortgage of $4,327* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 3 Derek Drive, Hamilton is in the Gershome 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
Cul de Sac/Dead End, Greenbelt/Conservation, Park, Rec./Commun.Centre, Wooded/Treed, Hospital
Interior Features
Auto Garage Door Remote, ERV/HRV
Security Features
Alarm System
Community Features
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Location
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 3 Derek Drive, Hamilton, ON L8G 5A3
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 $1,299,900 in Hamilton, the legal minimum down payment is $259,980 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 $22,473 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 $22,473.
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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.