$879,900 - 63 Festival Way, Hamilton
New Construction for Sale in Hamilton
51 days on market- MLS Number
- X12878278
- Property Type
- New Construction
- Status
- active
- Days on Site
- 51
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Stunning 4 bed, 3 bath detached home built only in 2020 by reputable John Bruce Homes! Offering ~2,000 sq. ft. of above grade living space with tasteful finishes designed for modern family living. From the moment you arrive, the home impresses with its upgraded elevation featuring contemporary stucco and stone finishes, a new asphalt driveway with interlocking stone and exceptional curb appeal. Step inside to discover an open and spacious main floor, abundant in natural light with 9-ft ceilings, engineered hardwood flooring, and pot lights throughout - creating a warm and inviting atmosphere. The living room is the perfect place to gather, highlighted by a cozy gas-powered fireplace. The well-appointed kitchen blends style and function with upgraded floor tiles, corner cabinetry with cupboard valences, an over-the-range microwave, ample counter space and a convenient breakfast bar ideal for casual dining or entertaining. Upstairs, you will find four generously sized bedrooms; three feature walk-in closets for exceptional storage. Two full bathrooms, including a 4-pce main bathroom and a spacious 4-pce primary ensuite with a relaxing soaker tub and a glass shower, create the perfect retreat at the end of the day. Added convenience of upstairs laundry. The unspoiled basement with upgraded windows offers endless potential and awaits your finishing touches. Outside, enjoy a large fully fenced backyard perfect for entertaining, family gatherings, or relaxing evenings outdoors. Situated on one of the best streets to live on in Binbrook, this home is located in a peaceful, family-friendly neighbourhood just minutes from schools, parks, and shopping, making it an exceptional opportunity you won't want to miss!
Estimate your monthly payments for this property
Estimated Payment
$4,514.34/mo
Includes CMHC insurance ($24,549)
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.
63 Festival Way, 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 $587/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 51 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.
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 $3,666 (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.