$524,888

$549,777For salePrice drop↓ $24,889 (5%)

#7 34 Southbrook Drive, Hamilton (Binbrook) - Single Family for Sale

#7 34 Southbrook Drive, Hamilton (Binbrook), Ontario, L0R1C0

1 bed2 baths2 parking1,100 ft²$475/mo condo feeListed 31 days ago

Overview

This 1-bedroom, 2-bathroom condo in Hamilton is for sale offering roughly 1,100 sq ft of space. Listed at $524,888, it is attractively priced about 23% below the $679,500 median asking price in Hamilton. It has been on the market 31 days, fresher than the Hamilton average of 44 days.

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Description

Discover easy, low-maintenance living in this beautifully maintained bungalow-style townhouse, ideally situated within a well-kept condominium community. Designed for comfortable single-level living, the home features a functional kitchen with a convenient peninsula, inviting living spaces, an attached garage, and a welcoming front porch. Enjoy the added peace of mind of a furnace updated in 2023, along with the convenience of condo living where exterior maintenance is taken care of for you. Grass cutting, landscaping, driveway snow removal, and snow clearing from the front steps are all handled, allowing you to spend more time enjoying life and less time worrying about upkeep. This is an excellent option for retirees, downsizers, or frequent travellers looking for a lock-and-leave lifestyle with minimal maintenance responsibilities. Simply move in, enjoy your home, and let the condo corporation take care of the exterior work. (id:66096)

Property Details

MLS®: X13862046
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,100 ft²
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $475/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata

Rooms

Main level

Kitchen: 3.43 x 3.51 meters
Dining room: 2.77 x 2.54 meters
Living room: 4.47 x 3.38 meters
Dining room: 5.41 x 3.05 meters
Primary Bedroom: 4.06 x 5.92 meters

Basement

Recreational, Games room: 5.38 x 6.48 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, Window Coverings
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Hamilton (Binbrook) listings, avg age

44d

Price / ft²

$477

List price

$525K

Haho

This 1-bed single family in Hamilton (Binbrook) has been listed for 31 days, which is 13 days fresher than the city average of 44. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · MATTHEW ADEH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0R)

This home lists at $524,888, about 4.8× the local median household income of $110,000.

Carrying it typically needs a household income of about $102,529 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$524,888· $477/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,488.80

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,896 capitalized)

Property tax (est.)$324/mo

Condo fee$475/mo

Total monthly$3,557

Cash Needed to Close

Down payment (5.24%)$27,489

Land transfer tax$6,973

Est. closing costs$4,075

Total cash needed$38,537

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