55 Cook Street, Hamilton, ON

$979,000
MLS#:X9042210
3 beds
3 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 29, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Binbrook. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $979,000 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
  • Premium 45.93 x 91.86 ft lot size
  • Features a 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

OPEN HOUSE SUN JULY: 21ST 2PM TO 4PM. Location! Location! Directly across from Summerlea Park, this amazing upgraded family home, just 10 yrs new, in the heart of Binbrook, has it all! Excellent curb appeal, extra-wide lot to conveniently accommodates 2100 sqft home plus double garage and drive. Fully fenced/gated rear yard provides safety and privacy for the oasis yard complete with refreshing luxury swim-spa/hot tub, elevated deck, gardens, firepit area and handy garden shed. Interior of the home boasts 9 ft ceiling on main level. Open concept principal rooms provide space definition to the family's needs. Gourmet kitchen with central island/breakfast bar, stunning white cabinetry and pantry, corner display cabinet and more. Sliding doors lead to glamorous yard. Upper level features opulent Primary suite with customized walk-in closet & 4 pc ensuite bath. 2 well-appointed bedrooms share the main 4pc bath. Access to upper level balcony- a beautiful private space to enjoy views of the park and tranquil sunsets. Upper level laundry is a bonus! Basement awaits your designer touches and features roughed-in bath, storage and shelving units installed for multiple opportunities . Lots of extras to be discovered -custom flat ceilings on main, generous closet and storage areas, oak staircase, luxury vinyl planking, closets organizers, 200 amp electrical service ,and of course the 19 ft SWIM-SPA (with brand-new cover)- truly a joy to cherish as a "stay-cation throughout the year.

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Property Summary

This detached home located at 55 Cook Street, Hamilton is currently for sale and has been available on SousaSells for 731 days. This property is listed at $979,000 with an estimated mortgage of $3,259* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 55 Cook Street, Hamilton is in the Binbrook neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 29, 2024
Sold price information is available to members only
Listed Date7/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementUnfinished
Lot Size45.93 × 91.86 Feet
CountyHamilton
Annual Tax$5,189.61
Legal DescriptionLOT 57, PLAN 62M1194 SUBJECT TO AN EASEMENT IN GROSS AS IN WE915453 SUBJECT TO AN EASEMENT FOR ENTRY AS IN WE993343 CITY OF HAMILTON

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Level, Park

Interior Features

None

Security Features

Community Features

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Location

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55 Cook Street, 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 55 Cook Street, Hamilton, ON L0R 1C0

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 Rate4.00%
Down Payment$293,700 (30.0%)
* Minimum Canadian down payment required for this price is $72,900.
Amortization Period30 Years
Estimated Monthly Payment$3,259Based on a loan of $685,300 over 30 years.
Purchase Price$979,000
Loan Amount$685,300
Provincial Land Transfer Tax:$16,055
Total Estimated Closing Taxes:$16,055

About Purchasing a Home in Hamilton, ON

For a property listed at $979,000 in Hamilton, the legal minimum down payment is $72,900 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 $16,055 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 $16,055.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$852,674

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

Michaëlle Jean
Public2121 Regional Road 56, Hamilton, Ontario, L0R 1C0
7.0

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.