307 Magnolia Drive, Hamilton, ON
Property no longer active
This property was sold on June 18, 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 brick and brick front construction, this residence presents an exceptional opportunity offered at $599,000 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 32 x 119.99 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully maintained and spacious 4-level semi-detached backsplit, ideally situated in the quiet and family-friendly Fessenden neighbourhood. Offering exceptional value, this home features 3 generously sized bedrooms-including a large primary-making it perfect for families, professionals working from home, or those looking to downsize without compromising space. Enjoy a large, private backyard, two-car driveway parking, and the peace of quiet, friendly neighbours. This home also offers quick access to the highway and is conveniently located near parks, public and Catholic schools, recreational centres, and churches. Pride of ownership is evident throughout this home, with numerous quality updates made by both the previous and current owners. Recent upgrades by the previous owner include a new shed (2019), windows (2018), furnace (2018), roof, soffits, and eaves (2017), as well as an updated electrical panel (2016). The current owner continued the improvements in 2021, installing a gas stove (complete with a professionally installed gas line), a sleek French door refrigerator, and a modern hood fan with professional installation. The lower-level family room was professionally finished in 2018 by the previous owner and showcases a stunning fireplace and an additional bathroom-ideal for entertaining or relaxing. The basement features a versatile rec room, perfect for a home gym or hobby space. This move-in-ready home offers a rare blend of comfort, functionality, and location. Whether you're a growing family, young professional, empty nester, or investor, this property is sure to impress. The fireplace is equipped but is currently non-operational.
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Property Summary
This detached home located at 307 Magnolia Drive, Hamilton is currently for sale and has been available on SousaSells for 408 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 307 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 307 Magnolia Drive, Hamilton, ON L9C 6R2
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 $599,000 in Hamilton, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.