$999,900 - 160 Festival Way, Hamilton
Detached for Sale in Hamilton
Neighbourhood: Binbrook
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- MLS Number
- X13768798
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Taxes (2025)
- $6,522
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
UNBELIEVABLE VALUE in this rarely offered bungaloft in the highly sought-after Fairgrounds community! Offering over 3,500 sq. ft. of finished living space, this exceptional home combines spacious, functional living with a private backyard oasis and NO REAR NEIGHBOURS. The open-concept, carpet-free main level features a beautifully updated kitchen with stone countertops, ample cabinetry and a walk-in pantry, flowing seamlessly into the dining and living areas. Soaring ceilings, a gas fireplace and expansive windows make the family room a standout, filling the space with natural light and showcasing peaceful views of the farmland beyond. A versatile front room with custom built-ins is ideal as a formal dining room, living room or home office. The spacious main-floor primary retreat features two closets and a 4-piece ensuite, while a laundry room and powder room complete the level. Upstairs are two generously sized bedrooms, including one with a walk-in closet, plus a 4-piece bathroom with semi-ensuite access. The fully finished basement offers high ceilings, lookout windows, a media room, large rec room with bar, additional bedroom and 3-piece bathroom. Outside, enjoy a heated saltwater inground pool, elevated deck with natural gas BBQ hookup and unobstructed views of the farmland beyond. A rare combination of space, privacy and an incredible setting, all close to schools, parks and major amenities.
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
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 Binbrook
Binbrook 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 Binbrook
- •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
Binbrook 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.
160 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 $500/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.
Market Position
At 27 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 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.
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.
About Binbrook
I know Binbrook well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.