42 Richmond Crescent, Hamilton, ON
Property Highlights
Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Winona Park. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $1,150,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 49.31 x 194.52 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Incredible Opportunity! This 4-Bedroom, 2 Bath Home Sits On A Mature / Private Lot On A Quiet Crescent In Highly Sought After Fifty Point. Nestled South Of The Qew And Within Walking Distance Of The Lake. This 4 Level Backsplit Offers Plenty Of Living Space, An Incredible Backyard Oasis, An Extra-Large Driveway With Parking For 6 Vehicles And A 2 Car Garage! Located On A Quiet Street In A Family-Friendly Neighbourhood And Is Located Close To All Amenities. Extras:Inclusions: Fridge, Stove, Hood Fan, Dishwasher, Washer & Dryer, Tv Wall Mount, Central Vacuum & Attachments, All Window Coverings & Electrical Light Fixtures.
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Pricing & Value Insights
Data-driven valuation for 42 Richmond Crescent, Hamilton, ON L8E 5S9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $1,150,000 in Hamilton, the legal minimum down payment is $230,000 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 $19,475 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,475.
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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.
