HN
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$589,900

247 Festival Way 4, Hamilton, ON L0R 1C0, Hamilton, ON

Hamilton, ON L0R 1C0
3 beds 3 baths Att/Row/Townhouse

About this home

Welcome to 247 Festival Way #4, a beautifully maintained 3-bedroom, 3-bathroom townhome nestled in the heart of Binbrook. Offering an ideal blend of comfort, functionality, and low-maintenance living, this home is perfect for families, first-time buyers, or downsizers. Inside, you'll find a bright and inviting main floor featuring 9-foot ceilings and large windows with lots of natural light. The spacious living room featuring hardwood floors and pot lights, leads into the upgraded kitchen with stainless steel appliances, tile backsplash, and an eat-in area with a sliding door walk-out to a private balcony - perfect for a morning coffee. The convenient main floor laundry and 2-piece powder room complete the main level. The upgraded hardwood staircase (with a carpet runner) leads to three lovely bedrooms, including a primary retreat complete with a trendy accent wall, a walk-in closet and a 3-piece ensuite bath. The lower level is large enough for a guest suite, home office, or kids' playroom. It features interior access to the garage, and a patio door walk-out to a fully fenced backyard, offering a rare and valuable outdoor space. Located in the family-friendly community of Binbrook, this home offers the perfect balance of small-town charm and modern amenities. Binbrook is known for its quiet streets, strong sense of community, and abundance of green space. Residents enjoy close proximity to local schools, shops, and the popular Binbrook Conservation Area, where you can enjoy hiking, water activities, and scenic natural surroundings year-round. The historic Binbrook Fairgrounds offer playgrounds, sports fields, seasonal events, and the annual Binbrook Fall Fair. Upgrades include fresh paint (2024), vinyl flooring in lower level (2024), new fridge (2024), new washing machine (2025). This townhome has a modest common elements fee of just $127/month. It is an exceptionally well-kept home that is move-in ready!

Property Score

57/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
65/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
70/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
77% of city avggreat
Priced below Hamilton's average of $765,000.
Appreciation Trend
+1.8%/yrgreat
Hamilton has seen +1.8% YoY price change.
Monthly Cash Flow
-$1,739/mopoor
Estimated -$1,739/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.07%poor
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13060434
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.