90 Derek Drive, Hamilton, ON
Property no longer active
This property was sold on February 25, 2025. 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 $1,249,900 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 57.43 x 115 ft lot
- Features a full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment, Auto Garage Door Remote, Bar Fridge
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in the sought-after neighborhood of Gershome, this stunning 2-storey home by Losani Homes combines timeless elegance with modern updates. Featuring gleaming woodwork and an open floor plan, the home is adorned with a solid wooden spiral staircase connecting all levels. The finished basement includes a bar, sauna room, and a separate entrance to a private suite complete with its own full kitchen; perfect for guests or extended family. Entertaining is a breeze with a wet bar in the main living area, hard wired speakers throughout the main floor, a spacious Florida room with a hot tub (in as-is condition), and a natural gas fireplace that adds warmth and charm. The main floor boasts convenient laundry facilities and a kitchen equipped with built-in appliances. Over 135 pot lights, powered by a 200-amp service, illuminate the space beautifully. The bathroom features a skylight, flooding the space with natural light. The home also offers recent updates, including a new furnace (2023) and a new A/C and water heater, both installed in 2019, etc. The all-brick home is complemented by a six-car interlock driveway, offering ample parking. Conveniently located near major highways and shopping amenities, this home is a rare gem that combines luxury, practicality, and location in one exceptional package.
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Property Summary
This detached home located at 90 Derek Drive, Hamilton is currently for sale and has been available on SousaSells for 530 days. This property is listed at $1,249,900 with an estimated mortgage of $4,160* per month. It has 5 beds, 4 bathrooms, and is 3000-3500 square feet. 90 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Accessory Apartment, Auto Garage Door Remote, Bar Fridge, Central Vacuum, Floor Drain, In-Law Capability, Storage, Water Heater Owned
Security Features
Community Features
Location
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 90 Derek Drive, Hamilton, ON L8G 5A7
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 $1,249,900 in Hamilton, the legal minimum down payment is $249,980 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 $21,473 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 $21,473.
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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.