$825,000 - 46 Novoco Drive, Hamilton
Detached for Sale in Hamilton
- MLS Number
- X13183576
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
Meet your next move! 46 Novoco is a nice detached family home on Hamilton Mountain. Offers over 2200 sq ft of living space (1,614 sq ft above-grade + 626 sq ft finished basement.) Currently owner-occupied and maintained as a pet-free, smoke-free and carpet-free home. The main floor features a bright, airy open-concept layout with pot lights throughout. If you love to cook; you will enjoy the kitchen which was updated around (2022) with stainless steel appliances, ample storage, soft close cabinets and island-type breakfast bar. The kitchen overlooks the family room that has a fireplace and is welcoming space to relax or entertain. A ground-level powder room was added in 2022 for easy handwashing and convenience; a feature not typically found in this specific home style. The upper level includes three bedrooms and two full bathrooms, including a primary suite with a walk-in closet and private ensuite. The second-floor laundry room makes doing the laundry more manageable so you don't have to haul it to basement. The finished basement provides two (2) additional bedrooms, a full bathroom, and a separate entrance through the garage and side of the house; offering potential for an in-law suite or multi-generational living. Exterior features include an attached garage, driveway, and a fully fenced backyard with space and privacy for summer BBQs and your pet. The location makes commuting easier with highway access to the 403 and the Linc and steps to local transit and bus routes. And what makes this location even more convenient is its proximity to schools (convenient for couples with young children or those wanting to grow their family), Mohawk College, Costco, Marshalls, Home Depot, shopping. Walk to your local grocery store, pharmacy, favorite take out or coffee from Tim Hortons. Steps to school and park All sizes are approximate. Measurements are approximate. Easy Showings through Broker Bay.
Estimate your monthly payments for this property
Estimated Payment
$4,232.68/mo
Includes CMHC insurance ($23,018)
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.
46 Novoco Drive, 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 $550/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 20 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 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.
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 properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,438 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.