$699,000

For sale

490 QUEEN VICTORIA Drive, Hamilton - Single Family for Sale

490 QUEEN VICTORIA Drive, Hamilton, Ontario, L8W1G9

6 beds2 baths5 parking1,316 ft²Listed 15 days ago

Overview

This 6-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 1,316 sq ft of space. Listed at $699,000, it is attractively priced about 7% below the $749,900 median asking price in Hamilton. It has been on the market 15 days, fresher than the Hamilton average of 65 days.

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Description

Well-maintained 4+2 bedroom raised ranch located in a desirable family-friendly East Mountain neighbourhood. Bright and spacious living and dining area featuring a large window and hardwood flooring, allowing plenty of natural light. The eat-in kitchen offers wooden cabinetry, backsplash, and convenient access to the fully fenced backyard, perfect for outdoor enjoyment. The home includes a built-in garage with inside entry and a beautifully maintained yard with stunning gardens. Ideally situated with easy access to the Lincoln Alexander Parkway, and close to schools, parks, shopping, and public transit (HSR), making it a great option for families (id:66096)

Property Details

MLS®: 40873271
Property Type: Single Family
Zoning: C
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 2
Parking: 5
Interior Size: 1,316 ft²
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership: Freehold
Property Tax: $5,197/yr
Listed

Rooms

Basement

Bedroom: 10'0'' x 17'0''
Bedroom: 10'0'' x 17'0''
Sauna: 1' x 1'
Recreation room: 10' x 25'
3pc Bathroom
Laundry room
Cold room: 1' x 1'
Storage: 1' x 1'
Family room: 18'0'' x 23'0''

Main level

Living room: 14'0'' x 15'0''
Eat in kitchen: 9' x 25'

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dryer
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Hamilton listings, avg age

65d

Price / ft²

$531

List price

$699K

Haho

This 6-bed single family in Hamilton has been listed for 15 days, which is 50 days fresher than the city average of 65. Act while there is still low competition.

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Listed by Bridgecan Realty Corp. · Dan Dimillo

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8W)

This home lists at $699,000, about 6.9× the local median household income of $101,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income: $101,000
Population: 26,077
Median age: 38.8
Owner / renter: 76% / 24%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA L8W)

$699,000· $531/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$433/mo

Total monthly$4,060

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

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