4 Faircrest Drive, Hamilton, ON

$1,949,000
MLS#:X9050224
4 beds
4 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Waterdown. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,949,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 72.31 x 159.32 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Bar Fridge, Central Vacuum, Upgraded Insulation
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to MODERN MAGIC in Waterdown! This custom-built, stunning 3-bedroom, 4-bathroom home boasts a wealth of desirable features. Experience the elegance of DACOR black stainless steel appliances, complemented by Quartz/Composite Stone countertops throughout the kitchen and bathrooms. Enjoy the open concept living and dining area, illuminated by floor-to-ceiling windows that flood the space with natural light. A central island provides a focal point for gatherings, while multiple walkouts lead to a patio, solid deck, and a charming backyard.The main floor den offers versatility as a home office, while ceramic tile floors add a touch of sophistication to the main level. Convenience is key with a mudroom, main floor laundry, and even a dog bath located off the double car garage. The primary bedroom is a retreat unto itself, featuring a steam shower, soaker tub, walk-in closet, and ensuite laundry. Each additional bedroom boasts its own custom-designed bathroom and spacious closets.Quality craftsmanship is evident throughout, with Blanco sinks, RIOBELL fixtures in the bathrooms, and 3/4 inch solid White Oak hardwood floors on the second floor. Skylights with screens provide additional ventilation and natural light. The fully finished basement offers high ceilings, above-grade windows, and endless possibilities for a fourth bedroom, family room, or whatever suits your needs.This home is a testament to gorgeous custom-built quality, offering an abundance of windows, light, and more. Experience the epitome of modern living in Waterdown!"

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Property Summary

This detached home located at 4 Faircrest Drive, Hamilton is currently for sale and has been available on SousaSells for 724 days. This property is listed at $1,949,000 with an estimated mortgage of $6,488* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 4 Faircrest Drive, Hamilton is in the Waterdown neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 4, 2024
Sold price information is available to members only
Listed Date7/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Other
BasementFinished, Full
Lot Size72.31 × 159.32 Feet
CountyHamilton
Annual Tax$10,530
Legal DescriptionPLAN 1261 PT LOT 1 RP 62R17896 PART 3 -Schedule C

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Rec./Commun.Centre, Public Transit, School, Electric Car Charger

Interior Features

Bar Fridge, Central Vacuum, Upgraded Insulation

Security Features

Community Features

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Location

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4 Faircrest 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 4 Faircrest Drive, Hamilton, ON L0R 2H1

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.

Market Trend
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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$584,700 (30.0%)
* Minimum Canadian down payment required for this price is $389,800.
Amortization Period30 Years
Estimated Monthly Payment$6,488Based on a loan of $1,364,300 over 30 years.
Purchase Price$1,949,000
Loan Amount$1,364,300
Provincial Land Transfer Tax:$35,455
Total Estimated Closing Taxes:$35,455

About Purchasing a Home in Hamilton, ON

For a property listed at $1,949,000 in Hamilton, the legal minimum down payment is $389,800 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 $35,455 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 $35,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,015,171

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

Guardian Angels
Public705 Centre Road, Waterdown, Hamilton, Ontario, L8N 2Z7
6.7
Flamborough Centre
Public922 Centre Road, Hamilton, Ontario, L8N 2Z7
6.0

Secondary Schools

No secondary schools data loaded.

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.