41 Elora Drive, Hamilton, ON
Property no longer active
This property was sold on September 27, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Fessenden. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $789,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 41.63 x 108.34 ft lot
- Features a full, partially finished 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: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This West Hamilton Mountain gem is packed with potential and ready for your personal touch! Well-maintained and located in a quiet neighbourhood, this 3-bedroom, 2-bathroom home offers convenient one-level living, with the added bonus of a separate entrance to the basement for an in-law suite or rental opportunity. The home includes a new roof (2024), appliances on both levels, and features a concrete driveway and fenced backyard. While some updates could be used, the unbeatable location - just minutes to parks, schools, shopping, the 403 and the Linc - makes this property a perfect fit for families, investors, or anyone seeking a versatile space with room to grow.
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Property Summary
This detached home located at 41 Elora Drive, Hamilton is currently for sale and has been available on SousaSells for 676 days. This property is listed at $789,900 with an estimated mortgage of $2,629* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 41 Elora 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 41 Elora Drive, Hamilton, ON L9C 6T4
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 $789,900 in Hamilton, the legal minimum down payment is $53,990 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 $12,273 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 $12,273.
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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.