$799,000
Hamilton
11 Drakes Drive, Hamilton (Lakeshore), Ontario, L8E4G4
This 6-bedroom, 4-bathroom home in Hamilton is for sale offering roughly 1,750 sq ft of space. Listed at $799,000, it is attractively priced about 20% below the $999,999 median asking price in Hamilton.
Just steps from the lake, waterfront trail, and beach, this beautifully renovated 4-level backsplit offers an exceptional combination of space, flexibility, and lifestyle. Currently generating $5,800/month in rental income (Income & Expense statements available upon request), this property is an exciting opportunity for investors, multi-generational families, or buyers seeking a versatile home. Situated on a quiet, family-friendly street, you'll enjoy easy access to Confederation Park, Wild Waterworks, parks, schools, shopping, and major commuter routes. Offering over 2,500 sq ft of finished living space with 6 bedrooms, 4 bathrooms, 2 kitchens, and 2 laundry areas, this home adapts to a variety of living arrangements. Thoughtfully renovated from top to bottom, it offers two complete living spaces that remain seamlessly connected as one home. Both primary bedrooms feature private ensuites, while a separate backyard entrance to the lower living area adds even more flexibility. The beautifully updated kitchen showcases quartz countertops and stainless steel appliances, while the expansive family room is perfect for movie nights, entertaining, and everyday living. Outside, an oversized backyard with a covered concrete patio creates the perfect setting for summer BBQs, morning coffee, or unwinding at the end of the day. The hot tub is included in as-is condition, with plenty of space for children, pets, gardening, and entertaining. From waterfront strolls and bike rides to summer days at Confederation Park or Wild Waterworks, this location offers a lifestyle that's hard to match. Whether you're seeking strong rental income, multi-generational living, or simply room to grow, 11 Drakes Drive delivers a rare combination of space, versatility, income potential, and lakeside lifestyle. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 130 days on market, against an average age of 55 days across the listings currently for sale in this city
This 6-bed single family in Hamilton (Lakeshore) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $799,000, about 8.8× the local median household income of $91,000.
Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 72% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8E)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.