31 Summercrest Drive, Hamilton, ON

$700,000
MLS#:X13117968
3 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Gershome. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $700,000 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 with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 40 x 100 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, In-Law Suite, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 31 Summercrest Drive in Hamilton, an inviting, well-maintained bungalow that offers versatility, comfort, and exceptional value for today's modern lifestyle. This charming home features 3 spacious bedrooms, 2 full bathrooms, and the added benefit of two full kitchens, making it ideal for multi-generational living or those seeking in-law suite potential. Step inside to a bright and welcoming living room, highlighted by a large bay window that overlooks the lovely front porch, filling the space with natural light and creating a warm, inviting atmosphere. The beautifully updated main floor kitchen boasts elegant granite countertops and stainless-steel appliances, perfect for both everyday living and entertaining. The functional layout continues downstairs, where a fully equipped second kitchen enhances flexibility for extended family or additional living arrangements. A cozy wood-burning fireplace adds charm and comfort to the lower level, making it an ideal retreat for relaxing evenings. Enjoy your morning coffee on the front porch, or unwind in the beautifully landscaped back gardens, complete with a convenient gas line for your BBQ, perfect for summer gatherings. The detached garage, currently used for storage, offers excellent potential to be converted back into a functional garage space. Additional features include a 2-year-old A/C unit, upgraded 200-amp electrical panel, and an osmosis water filtration system for added peace of mind. The concrete driveway accommodates up to four vehicles, providing ample parking for family and guests. Situated in a desirable neighbourhood, this home is just a short drive to parks, schools, shops, conservation areas, trails, and recreation centres, with easy access to major highways for an easy commute. A fantastic opportunity to own a versatile and thoughtfully cared-for home in a convenient Hamilton location.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Finished
Lot Size40 × 100 Feet
CountyHamilton
Annual Tax$4,895.64
Legal DescriptionPCL 92-1, SEC M106 ; LT 92, PL M106 ; HAMILTON

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Golf, Hospital, Park, Public Transit, Rec./Commun.Centre

Interior Features

Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Water Heater

Security Features

Community Features

Location

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31 Summercrest 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 31 Summercrest Drive, Hamilton, ON L8K 6G5

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 Rate5.25%
Down Payment$45,000 (6.4%)
* Minimum Canadian down payment required for this price is $45,000.
Amortization Period25 Years
Estimated Monthly Payment$3,903Based on a loan of $655,000 over 25 years.
Purchase Price$700,000
Loan Amount$655,000
Provincial Land Transfer Tax:$10,475
Total Estimated Closing Taxes:$10,475

About Purchasing a Home in Hamilton, ON

For a property listed at $700,000 in Hamilton, the legal minimum down payment is $45,000 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 $10,475 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 $10,475.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Gershome, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$1,074,027

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Sir Wilfrid Laurier
Public70 Albright Road, Vincent, Hamilton, Ontario, L9H 0A3
3.9
St Luke
Public345 Albright Road, Red Hill, Hamilton, Ontario, L8K 6N3
5.8
St David
Public33 Cromwell Crescent, Greenford, Hamilton, Ontario, L8G 2E9
5.4
Viscount Montgomery
Public1525 Lucerne Avenue, Glenview West, Hamilton, Ontario, L8K 1R3
6.6
Hillcrest
Public40 Eastwood Street, Mcquesten East, Hamilton, Ontario, L8H 6R7
5.4

Secondary Schools

Glendale
Public145 Rainbow Drive, Corman, Hamilton, Ontario, L8K 4G1
4.6
Sir Winston Churchill
Public1715 Main Street East, Normanhurst, Hamilton, Ontario, L8H 1E3
2.4
Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4
Mère-Teresa
Public50 Lisgar Court, Lisgar, Hamilton, Ontario, L8T 4Y4
4.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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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.