40 Lido Drive, Hamilton, ON

$1,050,000
MLS#:X9366049
3 beds
3 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Stoney Creek. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,050,000 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 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 60.92 x 114.83 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 40 Lido Drive in Stoney Creek, a stunning residence nestled in one of the area's most desirable neighborhoods. This immaculately kept home features 3 bedrooms and 2.5 bathrooms, all just recently renovated, providing a fresh and modern feel throughout. Additionally, there is an office on the main level that could easily be utilized as a bedroom, offering versatile living options. Situated on a prime corner lot, the property offers exceptional curb appeal and ample outdoor space. The fenced yard includes a charming stone patio, perfect for outdoor entertaining, gardening, or simply enjoying the serene surroundings. As you step inside, you'll be greeted by an abundance of natural light that floods the home. The spacious layout flows seamlessly from room to room, providing both comfort and functionality for everyday living. The living areas are beautifully designed, highlighted by a striking loft ceiling in the family room. Thoughtful touches and high-end finishes elevate the home's overall elegance, making it both inviting and sophisticated. The kitchen is equipped with modern appliances, ample counter space, and plenty of storage ideal for preparing meals and gathering with family and friends. One of the standout features of this home is the primary ensuite, which looks like it was pulled straight from the pages of a high-end magazine. This luxurious space offers a spa-like experience, complete with top-of-the-line fixtures, a spacious walk-in shower, and elegant finishes for the perfect retreat at the end of the day. Conveniently located near schools, parks, shopping, and dining options, 40 Lido Drive offers the perfect blend of suburban tranquility and urban convenience. Don't miss the opportunity to own this exceptional property in one of Stoney Creeks most sought-after locations!

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Property Summary

This detached home located at 40 Lido Drive, Hamilton is currently for sale and has been available on SousaSells for 660 days. This property is listed at $1,050,000 with an estimated mortgage of $3,495* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 40 Lido Drive, Hamilton is in the Stoney Creek neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 2, 2024
Sold price information is available to members only
Listed Date9/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFull, Unfinished
Lot Size60.92 × 114.83 Feet
CountyHamilton
Annual Tax$6,047.91
Legal DescriptionPCL 18-1, SEC 62M665 ; LT 18, PL 62M665 ; S/T LT284313 STONEY CREEK ; HAMILTON

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Campground, Fenced Yard, Greenbelt/Conservation, Lake Access, Marina

Interior Features

None

Security Features

Community Features

Location

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40 Lido 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 40 Lido Drive, Hamilton, ON L8E 5E8

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$315,000 (30.0%)
* Minimum Canadian down payment required for this price is $210,000.
Amortization Period30 Years
Estimated Monthly Payment$3,495Based on a loan of $735,000 over 30 years.
Purchase Price$1,050,000
Loan Amount$735,000
Provincial Land Transfer Tax:$17,475
Total Estimated Closing Taxes:$17,475

About Purchasing a Home in Hamilton, ON

For a property listed at $1,050,000 in Hamilton, the legal minimum down payment is $210,000 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 $17,475 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 $17,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$906,563

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

St Agnes
Public80 Colcrest Street, Riverdale East, Hamilton, Ontario, L8E 3Y8
5.5
St David
Public33 Cromwell Crescent, Greenford, Hamilton, Ontario, L8G 2E9
5.4
Hillcrest
Public40 Eastwood Street, Mcquesten East, Hamilton, Ontario, L8H 6R7
5.4
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

Secondary Schools

Glendale
Public145 Rainbow Drive, Corman, Hamilton, Ontario, L8K 4G1
4.6

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.