The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Executive 4-bedroom, 3.5-bathroom home on premium pie-shaped lot which backs onto conservation and ravine. Situated on a quiet court in Dundas's Coote's Paradise, the home has been lovingly owned and upgraded by the same family for 36 years. Entrance to the foyer immediately opens to the upper level, creating an airy and bright first impression. The main floor offers an expansive living room and formal dining room bracketed on each end by large windows. The eat-in kitchen includes a wall of pantry cupboards and desk, with custom stained-glass door leading to a deck overlooking the professionally landscaped backyard and ravine beyond. The main floor also boasts an expansive family room with a gas fireplace and two skylights that flood the space with natural light. Upstairs, the primary bedroom includes two walk-in closets and a 6-piece ensuite. Three additional bedrooms share a 5-piece bathroom, and one bedroom is currently being used as a home office. All bedrooms have large closets and windows. The fully finished basement, completed in 2018, adds over 1000 sq feet of additional living space: recreation room with home theatre and drop-down screen, kitchen area, 3-piece bathroom, workshop and craft room. The oversized lot is fully fenced, features a flagstone patio, perennials, and gate onto the protected greenspace, guaranteeing privacy and ample room for outdoor gatherings. Property includes a double car garage, double concrete driveway and roughed in central vac. Updates include owned water heater (2018), water softener (2018), Leaf Guard system (2012) and BBQ gas lines (2018). A rare offering on one of Coote's Paradise's most sought-after courts. Minutes from Hwys, 5, 6 and 403 which allows for easy commutes. Perfectly placed near downtown Dundas, Conservation trails, McMaster University and corresponding hospitals.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,657/mo
Mortgage (principal + interest)$4,863
Property taxFrom listing: $9,527/yr$794
Minimum $105,000 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$260,000
Ontario land transfer taxProvincial brackets, no first-time refund$22,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$285,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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