$869,900

For sale

55 Magnificent Way, Hamilton (Binbrook) - Single Family for Sale

55 Magnificent Way, Hamilton (Binbrook), Ontario, L0R1C0

3 beds4 baths6 parking1,750 ft²39 × 115 ft (4,523 sq ft) lot sizeListed 40 days ago

Overview

This 3-bedroom, 4-bathroom home in Hamilton is for sale offering roughly 1,750 sq ft of space. Its $869,900 asking price sits right in line with the $899,000 median in Hamilton. It has been on the market 40 days, fresher than the Hamilton average of 44 days.

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Description

Welcome to 55 Magnificent Way, a beautifully appointed detached home in the desirable Binbrook community. Offering approximately 1,860 sq. ft. of living space, this spacious 3-bedroom, 4-bathroom residence combines comfort, functionality and style. The inviting main floor features a warm and welcoming living space with fireplace, well-appointed kitchen and convenient 2-piece powder room. Upstairs offers three generous bedrooms, including a spacious primary suite with private ensuite, plus a second full bathroom. The finished basement adds valuable flexible living space with an additional 2-piece bath-perfect for a recreation room, home office, gym or guest area. Enjoy outdoor living on the rear deck, along with the convenience of a double garage and ample driveway parking. Situated in a desirable family-friendly neighbourhood close to parks, schools, shopping and local amenities. Move-in ready and offering exceptional versatility for today's lifestyle-don't miss this opportunity to make Magnificent Way your new home! (id:66096)

Property Details

MLS®: X13829336
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 39 × 115 ft (4,523 sq ft)
Frontage: 39 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Second level

Primary Bedroom: 5.61 x 3.68 meters
Bedroom 2: 3.73 x 3.2 meters
Bedroom 3: 3.73 x 3.2 meters

Main level

Dining room: 5.33 x 3.05 meters
Eating area: 3.35 x 2.67 meters
Living room: 5.33 x 3.35 meters
Kitchen: 3.05 x 2.74 meters
Laundry room: 2.26 x 1.83 meters

Basement

Recreational, Games room: 7.85 x 6.02 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Garburator, Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Lighting, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Hamilton (Binbrook) listings, avg age

44d

Price / ft²

$497

List price

$870K

Haho

This 3-bed single family in Hamilton (Binbrook) has been listed for 40 days, which is 4 days fresher than the city average of 44. Act while there is still low competition.

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Listed by iCloud Realty Ltd. · DIANA BAKER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0R)

This home lists at $869,900, about 7.9× the local median household income of $110,000.

Carrying it typically needs a household income of about $169,922 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.

Median household income: $110,000
Population: 83,602
Median age: 40.8
Owner / renter: 88% / 12%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L0R)

$869,900· $497/ft²

For sale

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Full Cost Breakdown

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Down Payment7.13% · $61,990.00

Min 7.13%50%

Mortgage payment$4,479/mo

↳ CMHC premium ($32,316 capitalized)

Property tax (est.)$419/mo

Total monthly$4,898

Cash Needed to Close

Down payment (7.13%)$61,990

Land transfer tax$13,873

Est. closing costs$5,110

Total cash needed$80,973

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