This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Riverdale. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $799,900 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.
Incredibly private, surrounded on two sides by beautiful Warden Park, and a detached garage conversion? This is the kind of unique house you've been searching for! 61 Lake Ave N has been extensively renovated over the years with high quality construction. Entering the home from the side door, you're welcomed into the back addition with a dedicated foyer. The main living space resides at the back of the home, with an open concept floor plan and beautiful views of the landscaped backyard and the mature trees of the park behind. The kitchen is incredibly spacious, with a large center island, upgraded appliances, granite countertops & bar seating. A formal dining space, with backyard access, and living room provide just the right amount of space for both everyday and entertaining. Towards the front, you'll enter the original portion of the home, which has been completely re-done. Three spacious bedrooms all offer potlights, large windows, and wall-to-wall wardrobe systems for superior storage. The spa-like bathroom features a separate vanity area, stand alone tub and glass shower. The full laundry room includes a sink, countertop for folding, and cabinetry to store all your cleaning supplies. The basement here has been thoughtfully raised to provide enough height for exceptional storage space. But what really sets this home apart is what you'll find out back. The large detached garage has been converted into additional living and storage space (while still retaining concrete flooring underneath for potential to convert back to a garage). Equipped with 100-amp electrical, gas heat, and running water! Currently including a 233 sq ft finished room overlooking the back garden w/potlights, laminate flooring & ceiling fan, plus a spa room offering sauna and shower, a large storage room, and a workshop. Whether you need a bit more living space, separate office, fitness area, or hope to create a multi-generational or income-producing unit, you'll find incredible potential here!
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This detached home located at 61 Lake Avenue, Hamilton is currently for sale and has been available on SousaSells for 305 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 1 bathroom, and is 1500-2000 square feet. 61 Lake Avenue, Hamilton is in the Riverdale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Fenced Yard, Level, Park, Public Transit, Rec./Commun.Centre, School
Carpet Free, Primary Bedroom - Main Floor, Sauna, Sump Pump
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 61 Lake Avenue N, Hamilton, ON L8E 1L2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $799,900 in Hamilton, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.
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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.