47 Festival Way, Hamilton, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Binbrook. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,991 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.
- 3 Bedrooms and 4 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 33.27 x 105.97 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Bar Fridge, ERV/HRV, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
**Now Offered at an Incredible New Price!** Welcome to 47 Festival Way, a beautifully upgraded detached family home in the heart of Binbrook offering the perfect combination of space, comfort, and entertainment. With approximately 2000 sq. ft. above grade plus a professionally finished basement, this home delivers exceptional living space for growing families. The bright and functional main floor is designed for everyday living and effortless entertaining, featuring open-concept living areas, an upgraded kitchen, and a welcoming dining space. Upstairs, the spacious primary retreat offers oversized windows, serene views, and three custom walk-in closets (2024), while the additional bedrooms provide ample space for family and guests. The fully finished basement (2024) is a true standout, featuring a custom home theatre with projector setup, in-ceiling speakers, accent wall, spacious recreation area, and a modern 3-piece bathroomperfect for movie nights, entertaining, or multi-generational living.Step outside to your private backyard retreat complete with a custom-built deck (2022), built-in storage, and beautifully designed stone and concrete pathways offering both functionality and charm. Located in a family-friendly neighbourhood within walking distance to shopping, restaurants, gyms, and everyday conveniences, with easy access to Highway 56 and nearby Confederation GO for commuters.
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Bar Fridge, ERV/HRV, Sump Pump, Central Vacuum
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Pricing & Value Insights
Data-driven valuation for 47 Festival Way, Hamilton, ON L0R 1C0
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About Purchasing a Home in Hamilton, ON
For a property listed at $899,991 in Hamilton, the legal minimum down payment is $64,999 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 $14,475 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 $14,475.
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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.