$4,000/mo - 55 Magnificent Way, Hamilton
Detached for Rent in Hamilton
41 days on marketNeighbourhood: Binbrook
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- MLS Number
- X13720700
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- iCloud Realty Ltd.
FULLY FURNISHED RENTAL IN DESIRABLE BINBROOK! Welcome to 55 Magnificent Way, a spacious and beautifully maintained approximately 1,860 sq. ft. 3-bedroom, 4-bathroom home offered fully furnished and move-in ready. Perfect for a family, professionals or those looking for a comfortable home without the hassle of purchasing furniture.The home features 3 generous bedrooms, including a primary bedroom with ensuite, a second-floor bathroom, convenient 2-piece powder room on the main level, plus an additional 2-piece bathroom in the basement. Enjoy the warmth and ambiance of two fireplaces and plenty of space for comfortable living and entertaining. The home comes fully furnished with appliances included, allowing tenants to simply move in and enjoy. The basement provides additional finished living space with wet bar, suitable for a recreation room, home office or family area. Step outside to the large rear deck, perfect for relaxing, outdoor dining and entertaining. Parking is plentiful with 4 driveway parking spaces, plus a double garage with the tenant having use of one-half of the garage. Located in the family-friendly community of Binbrook, close to parks, schools, shopping, restaurants and everyday amenities.
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.
55 Magnificent Way, Hamilton
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $4,000/mo, this is asking above the typical 3-bedroom rent of ~$3,500/mo in Hamilton. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 41 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 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.