$799,900 - 2250 #56 Highway, Hamilton
Detached for Sale in Hamilton
136 days on market- MLS Number
- X12709834
- Property Type
- Detached
- Status
- active
- Days on Site
- 136
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Lot Size
- 1 sqft
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Experience "Country in the City" here at 2250 Highway 56 located in the heart of Binbrook - less than a 10 minute commute to Stoney Creek & Hamilton's amenities with Binbrook's vibrant town center minutes south includes schools, churches, parks, eateries & shopping centers. Check out this 0.54 acre rural property showcasing well maintained 2 storey century home positioned handsomely on mature treed lot introducing 1786sf of tastefully presented living area offering large, bright, family-sized kitchen features convenient island, ample cabinetry & storage room - leads to formal dining room boasting 8.5ft coved plastered ceilings - continues past roomy front foyer to west side living room enjoying patio door walk-out to 12'x20' entertainment deck & private fenced side/rear yard. Centrally designed staircase ascends to spacious upper level includes 3 sizeable bedrooms, unique multi-purpose room suitable for office or 4th bedroom completed with updated 4pc bath. The vintage dwelling's classic interior sports gleaming original hardwood flooring complimented with beautiful gum-wood doors, trim & baseboards. Hi & dry 653sf service-style basement houses efficient n/g hot water boiler-2007 includes laundry room & open storage/workshop space. Aspiring Mechanics, Truckers or Landscapers will salivate once entering the metal clad 30'x35' insulated "Dream" shop features free span I-beam construction, vaulted hoist worthy ceilings, concrete floor, 200 amp hydro, 12'x14' & 9'x7' insulated roll-up doors & wood stove (AS IS). Looking for extra space - there is 12'x20' versatile wood clad building-2014 features concrete flooring, 40 amp hydro & roll-up door plus 12'x20' detached garage. Extras - roof covering-2007, large parking compound, 2 portable AC units, 100 amp hydro, all appliances, cistern & septic system. Incredible well priced package with something for everyone!
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
5-yr fixed avg.
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.
Discover Hamilton
Hamilton 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
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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 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.
2250 #56 Highway, Hamilton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $533/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.
Negotiation Opportunity
At 136 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Hamilton 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.