50 Fernwood Crescent, Hamilton, ON

$629,900
MLS#:X9311172
2 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hampton Heights. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $629,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 47 x 100 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Well loved, well cared for, solid Red Brick Bungalow in quiet, family friendly pocket of the East Mountain with walking distance to the Mountain Brow. Updated steel roof on both the home itself and the garage. Oversized garage with workshop at the back. Mature landscaping on the property. Spacious bedrooms, currently 2 bedrooms, but potential to convert back to 3-bedroom home. Separate side entrance leading to basement with rec room and wet bar. Walking distance to parks and schools, minutes walk to the Brow & hiking trails across the Escarpment and easy access to The Linc & Redhill Valley Parkway.

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Property Summary

This detached home located at 50 Fernwood Crescent, Hamilton is currently for sale and has been available on SousaSells for 674 days. This property is listed at $629,900 with an estimated mortgage of $2,097* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 50 Fernwood Crescent, Hamilton is in the Hampton Heights neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 19, 2024
Sold price information is available to members only
Listed Date9/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFull, Partially Finished
Lot Size47 × 100 Feet
CountyHamilton
Annual Tax$4,586
Legal DescriptionLT 212, PL 984 ; S/T NS259232 HAMILTON

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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50 Fernwood Crescent, 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 50 Fernwood Crescent, Hamilton, ON L8T 3L1

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$188,970 (30.0%)
* Minimum Canadian down payment required for this price is $37,990.
Amortization Period30 Years
Estimated Monthly Payment$2,097Based on a loan of $440,930 over 30 years.
Purchase Price$629,900
Loan Amount$440,930
Provincial Land Transfer Tax:$9,073
Total Estimated Closing Taxes:$9,073

About Purchasing a Home in Hamilton, ON

For a property listed at $629,900 in Hamilton, the legal minimum down payment is $37,990 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 $9,073 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 $9,073.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$719,828

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

Blessed Sacrament
Public315 East 37th Street, Macassa, Hamilton, Ontario, L8V 4B5
6.5
St Margaret Mary
Public25 Brentwood Drive, Huntington, Hamilton, Ontario, L8T 3V9
5.4
Huntington Park
Public80 Kingslea Drive, Huntington, Hamilton, Ontario, L8T 4A5
4.7
Highview
Public1040 Queensdale Avenue East, Sunninghill, Hamilton, Ontario, L8T 1J4
4.5
Franklin
Public500 Franklin Road, Burkholme, Hamilton, Ontario, L8V 2A4
4.3

Secondary Schools

Mère-Teresa
Public50 Lisgar Court, Lisgar, Hamilton, Ontario, L8T 4Y4
4.2
Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4

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.