5430 Lakeshore Drive, Hamilton Township, ON

$1,299,500
MLS#:X9372287
6 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Rural Hamilton. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,299,500 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.

  • 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 87 x 202.77 ft lot
  • Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Carpet Free, Propane Tank, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Perfect home for multi-family. This home is directly on south side of Rice Lake 60 mins to Durham, 20 to Cobourg. 6 beds, 3 full baths, 2 laundry & 2 kitchens more than enough for large family get togethers. Located in the village of Harwood with convenience, LCBO and pizza close by. Watch the sunsets everyday on your choice of expansive decks 700 sf top and bottom as well as covered 500sf by waterfront. Or enjoy an evening under the stars by the large firepit or settle into a hot tub later. This home has been completely renovated in the last 4 years. Sandy bottom with large rock waterfront border. 40ft of dock. Many large gardens with perennials .

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Property Summary

This detached home located at 5430 Lakeshore Drive, Hamilton Township is currently for sale and has been available on SousaSells for 657 days. This property is listed at $1,299,500 with an estimated mortgage of $4,326* per month. It has 6 beds, 3 bathrooms, and is 2000-2500 square feet. 5430 Lakeshore Drive, Hamilton Township is in the Rural Hamilton neighborhood.

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

Key Features

Bedrooms
6
Bathrooms
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 16, 2024
Sold price information is available to members only
Listed Date9/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding
BasementFinished with Walk-Out, Separate Entrance
Lot Size87 × 202.77 Feet
CountyNorthumberland
Annual Tax$6,225.54
Legal DescriptionPT LT 5 CON 9 HAMILTON PT 2 39R277; T/W CB151402; HAMILTON

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Lake Access, Waterfront, Sloping

Interior Features

Carpet Free, Propane Tank, Water Heater Owned, Water Treatment, Water Purifier

Security Features

Community Features

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Location

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5430 Lakeshore Drive, Hamilton Township, 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 5430 Lakeshore Drive 160, Hamilton Township, ON K0K 2H0

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 Township.

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Interest Rate4.00%
Down Payment$389,850 (30.0%)
* Minimum Canadian down payment required for this price is $259,900.
Amortization Period30 Years
Estimated Monthly Payment$4,326Based on a loan of $909,650 over 30 years.
Purchase Price$1,299,500
Loan Amount$909,650
Provincial Land Transfer Tax:$22,465
Total Estimated Closing Taxes:$22,465

About Purchasing a Home in Hamilton Township, ON

For a property listed at $1,299,500 in Hamilton Township, the legal minimum down payment is $259,900 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 $22,465 for this transaction. As this listing is in Hamilton Township (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,465.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$964,980

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

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Secondary Schools

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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.