21 Skye Valley Drive, Hamilton Township

Price: $987,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13061592

Set on a magnificent two-acre estate lot in the highly sought-after Skye Valley Drive enclave, this all-brick bungalow offers exceptional space, remarkable privacy, and a setting that is rarely available in Cobourg. Surrounded by distinguished estate homes on large 2 acre lots, the property enjoys sweeping vistas over the rolling hills of Northumberland-views this neighbourhood is famous for. Mature landscaping frames the home beautifully, and an impressive interlocking brick driveway leads to a spacious double garage. Inside, the residence provides nearly three thousand square feet above grade with a bright, flowing layout and generous principal rooms. The large dining room is perfect for family get-togethers, holiday dinners, or entertaining guests, adding to the home's excellent gathering spaces. The large kitchen, highlighted by a charming bay window overlooking the grounds, anchors the main level. The living area features a wood-burning fireplace and opens to an expansive deck that captures the serenity of the property. The primary bedroom is privately set and includes a spacious ensuite bathroom, adding comfort and convenience. Three additional bedrooms and two further bathrooms complete the main level, offering excellent flexibility for family living. The lower level extends the home's versatility with a complete in-law suite featuring its own kitchen, a separate entrance, and a three-piece bathroom. While some updating will bring the home to its full potential, the combination of scale, excellent construction, single-level living, estate lot setting, and this coveted location makes it an exceptional opportunity to create a truly remarkable residence in one of Cobourg's most desirable estate neighborhoods.

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$987,000 - 21 Skye Valley Drive, Hamilton Township

Detached for Sale in Hamilton Township

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13061592
Property Type
Detached
Status
active
Days on Site
25
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Hamilton Township
Listing Brokerage
COLDWELL BANKER - R.M.R. REAL ESTATE
Description

Set on a magnificent two-acre estate lot in the highly sought-after Skye Valley Drive enclave, this all-brick bungalow offers exceptional space, remarkable privacy, and a setting that is rarely available in Cobourg. Surrounded by distinguished estate homes on large 2 acre lots, the property enjoys sweeping vistas over the rolling hills of Northumberland-views this neighbourhood is famous for. Mature landscaping frames the home beautifully, and an impressive interlocking brick driveway leads to a spacious double garage. Inside, the residence provides nearly three thousand square feet above grade with a bright, flowing layout and generous principal rooms. The large dining room is perfect for family get-togethers, holiday dinners, or entertaining guests, adding to the home's excellent gathering spaces. The large kitchen, highlighted by a charming bay window overlooking the grounds, anchors the main level. The living area features a wood-burning fireplace and opens to an expansive deck that captures the serenity of the property. The primary bedroom is privately set and includes a spacious ensuite bathroom, adding comfort and convenience. Three additional bedrooms and two further bathrooms complete the main level, offering excellent flexibility for family living. The lower level extends the home's versatility with a complete in-law suite featuring its own kitchen, a separate entrance, and a three-piece bathroom. While some updating will bring the home to its full potential, the combination of scale, excellent construction, single-level living, estate lot setting, and this coveted location makes it an exceptional opportunity to create a truly remarkable residence in one of Cobourg's most desirable estate neighborhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,063.82/mo

Includes CMHC insurance ($27,537)

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5%10%50%

5-yr fixed avg.

Principal: $888,300Interest: $603,309
Mortgage Amount$915,837
Total Interest$603,309
Est. Property Tax$699/mo
Total Cost$1,519,146

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hamilton Township

Discover Hamilton Township

Hamilton Township is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hamilton Township

  • Convenient location in Hamilton Township
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hamilton Township offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

21 Skye Valley Drive, Hamilton Township

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$699
Insurance (est.)-$206
Net Cash Flow+$3,045

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $395/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Hamilton Township are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton Township.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Hamilton Township properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,113 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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