551 EVANS Road, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Waterdown. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $975,000 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 145 x 589 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Storage, Carpet Free
- equipped with wall unit(s) central cooling and highly efficient water heating via other
Description
Nestled in the heart of rural Hamilton, this charming 3+1 bedroom, 2 bathroom character home offers a spectacular opportunity for redevelopment. Surrounded by picturesque greenery, this property is a gardener's delight, providing ample space for outdoor activities and landscaping projects. Despite its serene, countryside setting, it remains conveniently close to amenities and within city limits, ensuring a perfect balance between tranquility and accessibility. The home, lovingly cared for by the same owner for 40 years, exudes warmth and pride of ownership. The family room, adorned with pine trim, radiates a cozy, inviting ambiance, making it an ideal space for family gatherings and relaxation. Each room is filled with natural light, creating a bright and cheerful environment throughout. Located near quaint Waterdown Village, residents can enjoy the unique local shops, cafes, and community events that the village offers. This property not only presents a comfortable living space but also holds tremendous potential for those looking to redevelop or expand. Its combination of rustic charm, prime location, and redevelopment potential makes it a rare and valuable find in the Hamilton area.
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Property Summary
This detached home located at 551 EVANS Road, Hamilton is currently for sale and has been available on SousaSells for 724 days. This property is listed at $975,000 with an estimated mortgage of $3,245* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 551 EVANS Road, Hamilton is in the Waterdown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Parking & Garage
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Features
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Interior Features
Primary Bedroom - Main Floor, Storage, Carpet Free
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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 551 EVANS Road, Hamilton, ON L8B 0G7
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 $975,000 in Hamilton, the legal minimum down payment is $72,500 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 $15,975 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 $15,975.
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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.