31 Fano Drive, Hamilton

Price: $749,999

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13597362

Welcome to 31 Fano Drive, a well-maintained 3-bedroom, 3-bathroom family home offering approximately 1,560 sq. ft. of comfortable living space in a desirable Hamiltonneighbourhood. Thoughtfully updated and move-in ready, this home combines peace of mind with plenty of potential to make it your own. The bright and functional layout isideal for families, featuring spacious principal rooms and a practical floor plan designed for everyday living. The unfinished basement provides a blank canvas, offering endlesspossibilities for additional living space, a home gym, recreation room, or in-law suite. Step outside to enjoy the fully fenced, private backyard with no rear residentialneighbours, backing directly onto a school for added privacy and open views. Whether you're entertaining, gardening, or simply relaxing, this outdoor space is perfect forenjoying the warmer months. Major updates have already been completed, including the roof and windows (2018), while the furnace, central air conditioner, and hot watertank were all replaced last year, giving buyers confidence for years to come. Conveniently located close to schools, parks, shopping, public transit, and major commuterroutes, this is an excellent opportunity to own a solid, updated home in a family-friendly community. Simply move in and enjoy!

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$749,999 - 31 Fano Drive, Hamilton

Detached for Sale in Hamilton

32 days on market

Neighbourhood: Butler

3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13597362
Property Type
Detached
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
MICHAEL ST.JEAN REALTY INC.
Description

Welcome to 31 Fano Drive, a well-maintained 3-bedroom, 3-bathroom family home offering approximately 1,560 sq. ft. of comfortable living space in a desirable Hamiltonneighbourhood. Thoughtfully updated and move-in ready, this home combines peace of mind with plenty of potential to make it your own. The bright and functional layout isideal for families, featuring spacious principal rooms and a practical floor plan designed for everyday living. The unfinished basement provides a blank canvas, offering endlesspossibilities for additional living space, a home gym, recreation room, or in-law suite. Step outside to enjoy the fully fenced, private backyard with no rear residentialneighbours, backing directly onto a school for added privacy and open views. Whether you're entertaining, gardening, or simply relaxing, this outdoor space is perfect forenjoying the warmer months. Major updates have already been completed, including the roof and windows (2018), while the furnace, central air conditioner, and hot watertank were all replaced last year, giving buyers confidence for years to come. Conveniently located close to schools, parks, shopping, public transit, and major commuterroutes, this is an excellent opportunity to own a solid, updated home in a family-friendly community. Simply move in and enjoy!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.88/mo

Includes CMHC insurance ($20,925)

$
$
5%10%50%

5-yr fixed avg.

Principal: $674,999Interest: $458,441
Mortgage Amount$695,924
Total Interest$458,441
Est. Property Tax$531/mo
Total Cost$1,154,365

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.

Ready to get pre-approved?

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Neighbourhood Guide: Butler

Discover Butler

Butler 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 Butler

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Butler 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.

70
Walk Score
Varies
Price Range

31 Fano Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,113

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

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 32 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.

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.

Bathroom Count Matters

With 3 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 Butler

I know Butler 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.

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    31 Fano Drive, Hamilton | $749,999 | Battaglia Team