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.
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.
Property Details
Listing
MLS® number
X13433986
Status
For Sale
Listed
Jun 10, 2026
Last updated
Jun 11, 2026
Possession
1-29 days
Building
Type
Detached
Style
Bungalow
Approx. age
31-50
Approx. size
3,500–5,000 ft²
Basement
Finished, Full
Lot
Frontage
177.48 ft
Depth
192.32 ft
Lot area
≈ 34,133 ft² (calculated)
View
North
Community
Stoney Creek
Parking & utilities
Garage
Attached, Garage, 3 spaces
Driveway
Private Triple, 6 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$23,616 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
ROYAL LEPAGE STATE REALTY
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Bedrooms below grade: 1
Kitchens: 0 above grade
Basement: Finished, Full
Heating: Forced Air
Cooling: Central Air
Fireplace: Yes
Fireplaces: 2
Central vacuum: Yes
Exterior
Waterfront: Yes
Waterfront features: Direct
Pool features: Inground
Property features: Lake Backlot, Lake/Pond, Public Transit, Lake Access, Park, School Bus Route
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$15,809/mo
Mortgage (principal + interest)$13,841
Property taxFrom listing: $23,616/yr$1,968
Minimum 20% ($739,980 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$739,980
Ontario land transfer taxProvincial brackets, no first-time refund$78,973
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$821,753
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
