82 Derek Drive, Hamilton, ON

$999,900
MLS#:X9352400
4 beds
4 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 24, 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 Gershome. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,900 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 41.4 x 160.35 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

TRADITIONAL ELEGANCE ... this classic beauty offers rich wood accents throughout and a warm, welcoming feel -- completely ready for your family -- with 4 bedrooms & 4 bathrooms! 82 Derek Drive in Hamilton is a fully finished, 2876 sq ft, 2-storey home sitting on an XL 160 deep pie-shaped, irregular lot. Updated, gleaming floors, newer windows & California shutters throughout the main level. FRENCH DOORS lead into the formal living room & dining room, connecting with the spacious EAT-IN KITCHEN offering a moveable island, subway tile backsplash, abundant cabinetry plus DOUBLE WIDE PANTRY. French door leads to 4-season SUNROOM w/WALK OUT to PRIVATE, fully fenced back yard with big concrete patio, beautiful gardens, shed, gazebo, and mature trees. Sunken MF FAMILY ROOM w/gas fireplace & brick surround + MAIN FLOOR LAUNDRY. Follow the curved wooden staircase with spindles to the upper level featuring an XL primary bedroom w/WI closet & XL ensuite bath, 3 more spacious bedrooms + full bathroom w/jetted tub & separate shower. FINISHED LOWER LEVEL offers a spacious recreation room, additional bathroom, and lots of storage. Beautifully landscaped, great curb appeal, PLUS inside access to attached DOUBLE garage & DOUBLE wide interlock driveway. This METICULOUSLY MAINTAINED homes updates include flooring, windows, roof & more. Close to great parks, schools, rec centres, hospital, shopping & easy highway access. CLICK ON MULTIMEDIA for video tour, drone photos, floor plans & more.

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Property Summary

This detached home located at 82 Derek Drive, Hamilton is currently for sale and has been available on SousaSells for 668 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 82 Derek Drive, Hamilton is in the Gershome neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 24, 2024
Sold price information is available to members only
Listed Date9/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Finished
Lot Size41.4 × 160.35 Feet
CountyHamilton
Annual Tax$8,049
Legal DescriptionPCL 29-1, SEC 62M538 ; LT 29, PL 62M538 ; S/T LT215136,LT215258 HAMILTON

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Place Of Worship, Public Transit, Rec./Commun.Centre, School

Interior Features

Auto Garage Door Remote, Central Vacuum

Security Features

Community Features

Virtual Tours

Location

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82 Derek Drive, 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 82 Derek Drive, Hamilton, ON L8G 5A7

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$299,970 (30.0%)
* Minimum Canadian down payment required for this price is $74,990.
Amortization Period30 Years
Estimated Monthly Payment$3,328Based on a loan of $699,930 over 30 years.
Purchase Price$999,900
Loan Amount$699,930
Provincial Land Transfer Tax:$16,473
Total Estimated Closing Taxes:$16,473

About Purchasing a Home in Hamilton, ON

For a property listed at $999,900 in Hamilton, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,006,689

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

St Luke
Public345 Albright Road, Red Hill, Hamilton, Ontario, L8K 6N3
5.8
Sir Wilfrid Laurier
Public70 Albright Road, Vincent, Hamilton, Ontario, L9H 0A3
3.9
Viscount Montgomery
Public1525 Lucerne Avenue, Glenview West, Hamilton, Ontario, L8K 1R3
6.6
St David
Public33 Cromwell Crescent, Greenford, Hamilton, Ontario, L8G 2E9
5.4
Memorial (City)
PublicUpper Kenilworth Avenue, Upper King's Forest, Hamilton, Ontario, L8T 4Y4
4.3

Secondary Schools

Glendale
Public145 Rainbow Drive, Corman, Hamilton, Ontario, L8K 4G1
4.6
Sir Winston Churchill
Public1715 Main Street East, Normanhurst, Hamilton, Ontario, L8H 1E3
2.4
Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4
Mère-Teresa
Public50 Lisgar Court, Lisgar, Hamilton, Ontario, L8T 4Y4
4.2

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.