$1,249,900 - 7508 Bamsey Drive, Hamilton Township
Detached for Sale in Hamilton Township
- MLS Number
- X13174116
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton Township
- Listing Brokerage
- Right At Home Realty
Experience the ultimate waterfront lifestyle in this stunning executive raised bungalow chalet, offering an incredible 100 feet of pristine shoreline on beautiful Rice Lake.Tucked away on the peaceful south shore at the end of a quiet cul-de-sac, this exceptional four-season retreat combines privacy, tranquility, and year-round accessibility - the perfect escape for weekend getaways or full-time lakeside living with daily sunsets from your backyard/deck overlooking the water. Inside, you'll find a warm and inviting open-concept layout featuring 3 spacious bedrooms and 2 updated bathrooms, thoughtfully designed for both comfort and entertaining. The bright living and dining areas are filled with natural light and seamlessly connect to an expansive walk-out deck, where you can relax, entertain guests, and take in the breathtaking panoramic waterfront views. The lower level boasts an in-law suite that also overlooks the panoamic waterfront views with large above-grade windows. The impressive detached two-storey garage (24'6" x 20'6") offers ample parking and exceptional versatility, complete with a lower-level workshop space ideal for hobbies, storage, or recreational equipment. Numerous updates throughout the home provide modern comfort while maintaining the property's charming chalet-style character.The waterfront is enhanced with an engineered break wall, offering added protection and peace of mind, while municipally maintained school-route roads ensure reliable winter access with snow plowing completed before 5 a.m. Whether you're boating, fishing, ice fishing, jet skiing, snowmobiling, entertaining, or simply unwinding by the water, this remarkable Rice Lake property offers an unmatched opportunity to create lasting memories in a truly picturesque setting.
Estimate your monthly payments for this property
Estimated Payment
$5,528.73/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 Township
Hamilton Township 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 Township
- •Convenient location in Hamilton Township
- •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 Township 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.
7508 Bamsey Drive, Hamilton Township
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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 $1136/sqft, this property is priced in line with current Hamilton Township 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.
Market Position
At 15 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 Township 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 Township properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,208 (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.