Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Mount Hope. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,199,900 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.
First time offered in over 50 years! This truly unique property has been in the same family for generations and is ready for its next chapter. Situated on a premium 1-acre lot with mature trees, this rare opportunity offers endless potential for multi-generational living, home-based business owners, investors, or those seeking space to grow. The raised bungalow offers over 3,400 sq. ft. of living space with 3 bedrooms and 1 bathroom on the main floor, plus 3 bedrooms and 1 bathroom on the lower level. The interior is ready for your personal vision and finishing touches. Enjoy the expansive wrap-around deck and park-like backyard, perfect for entertaining, family gatherings, and endless outdoor enjoyment. A major highlight is the 1,575 sq. ft. detached shop featuring a car hoist, 10'8" ceiling height, and a 17'6" x 39'11" garage bay with a 10' x 10'8" overhead door. Above the shop is a 1,575 sq. ft. 2-bedroom, 1-bath apartment offering excellent income potential or additional living space for extended family. With 2 gas meters, 2 septic systems, and a location just minutes to Hamilton International Airport and major highway access, this property offers flexibility, functionality, and opportunity rarely found in today's market. A truly special property with unlimited possibilities.
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Golf, Greenbelt/Conservation
In-Law Suite, On Demand Water Heater, Sump Pump, Water Heater Owned, Water Purifier, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8404 Chippewa Road, Hamilton, ON L0R 1W0
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 $1,199,900 in Hamilton, the legal minimum down payment is $239,980 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 $20,473 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 $20,473.
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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.