$1,110,000 - 56 Henley Drive, Hamilton
Detached for Sale in Hamilton
81 days on market- MLS Number
- X12926922
- Property Type
- Detached
- Status
- active
- Days on Site
- 81
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- HOME AND BUSINESS REALTY
Beautifully renovated luxury home offering approximately 3,150 sq. ft. of refined living space, ideally situated on a premium 8,000 sq. ft. corner lot in one of Stoney Creek's most desirable neighborhoods.Fully updated in 2024, this exceptional property features a modern exterior elevation, professionally landscaped grounds, and elegant walkways. The corner lot provides added privacy, enhanced curb appeal, and excellent future potential. Inside, the home is finished with high-quality hardwood flooring throughout, including the basement, creating a seamless and upscale feel.The main floor showcases a bright open-concept layout with a spacious kitchen, family room, and living area, complemented by impressive 11 to 14 ft ceilings that enhance both natural light and overall presence.Upstairs, you will find 3 well-appointed bedrooms, a full bathroom, a second open-concept kitchen with living and dining space, and a convenient laundry area-ideal for extended family living or added flexibility.A standout feature of this home is the fully self-contained 1-bedroom basement suite with a separate entrance. Complete with its own kitchen, living and dining area, washroom, laundry, walk-in closet, and bedroom, this space offers excellent income potential or the option for multi-generational living.Located in a prime area close to parks, top-rated schools, shopping, public transit, and major highways, this property delivers both lifestyle and investment value.
Estimate your monthly payments for this property
Estimated Payment
$4,909.90/mo
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.
56 Henley 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 $740/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 81 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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 $4,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.