$3,699,900 - 7 Lakegate Drive, Hamilton
Detached for Sale in Hamilton
New — Listed 2 days ago- MLS Number
- X13433986
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
Welcome to 7 Lakegate Drive, an extraordinary waterfront estate showcasing luxury, privacy, and rare direct access to Lake Ontario. Situated on a spectacular double lakefront lot with approximately 175 feet of shoreline, this custom-built bungalow presents a truly unique opportunity to own one of the area's most remarkable waterfront properties. Boasting over 3,800 sq ft of elegant main-floor living space, plus a fully finished lower level, this home is designed for both comfortable family living and effortless entertaining. Timeless finishes include wide-plank oak flooring, granite countertops, cathedral ceilings with skylights, crown moulding, and expansive living spaces filled with natural light. The chef-inspired kitchen flows seamlessly into the principal living areas, while the formal dining room with wet bar provides the perfect setting for hosting family and friends. The private bedroom wing features three spacious bedrooms, including a beautifully updated primary retreat complete with a custom walk-in closet, spa-inspired ensuite, and walkout to a private patio. Outside, a resort-style backyard awaits with a heated inground pool featuring a new liner installed in spring 2026, multiple entertaining areas, breathtaking lake views, and direct access to a private beach. A concrete boat ramp provides convenient water access for boating enthusiasts. Completing the property is an oversized 36' x 25' triple garage with rear access, ideal for storing boats, vehicles, and recreational equipment. Additional recent updates include two new furnaces, enhancing comfort and efficiency throughout the home. Adding further appeal, the property includes potential to sever an additional 70-foot lakefront lot to the west. A rare opportunity to enjoy luxury waterfront living, unmatched outdoor amenities, and future potential in one exceptional property.
Estimate your monthly payments for this property
Estimated Payment
$16,365.91/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.
7 Lakegate Drive, Hamilton
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Rental income estimator & ROI calculator
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
Fair Market Value
At $1057/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 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.