This property was sold on March 21, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Gershome. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $749,900 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.
Welcome to this well-loved East Hamilton bungalow, offering over 1,300 sq ft of adaptable living space, perfect for families or investors! This meticulously cared-for, one-owner home features 3 bedrooms on the upper floor, 1 on the lower level, and an additional bedroom in the basement ideal for larger families or creating a fully functional in-law suite. The separate side entrance enhances the investment potential, allowing for easy conversion to multi-generational or rental living. Situated in a prime East Hamilton location, this home is just minutes from escarpment trails, beautiful parks, golf courses, schools, and shopping amenities, blending natures best with urban convenience
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This detached home located at 98 Summercrest Drive, Hamilton is currently for sale and has been available on SousaSells for 619 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 98 Summercrest Drive, Hamilton is in the Gershome neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Auto Garage Door Remote, In-Law Capability
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 98 Summercrest Drive, Hamilton, ON L8K 6G6
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 $749,900 in Hamilton, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.
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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.