247 Festival Way 1

Binbrook, Hamilton, L0R 1C0
FOR SALE
$649,900
247 Festival Way 1, Hamilton
247 Festival Way 1
247 Festival Way 1
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
6
ROOMS
X12021082
MLSID
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Property Description
Welcome to #1-247 Festival Way, a stunning end unit freehold townhome in the desirable Brinbrook community, built by the reputable Losani Homes. This beautifully designed residence offers a perfect blend of style, comfort, and modern convenience. This townhome features 2 bedrooms and 2.5 bathrooms with an open concept design that maximizes natural light, creating an inviting atmosphere throughout. The upgraded kitchen is impressively outfitted with modern kitchen cabinets, quartz countertops, and high-end finishes, perfect for cooking and entertaining. Stylish handscraped engineered hardwood and ceramic flooring, graces the main areas, adding warmth and elegance to the living space. Enjoy the sense of space with 9-foot ceilings on the main level. Step out from the second floor onto your private terrace, an ideal setting for relaxing or entertaining. The patio walkout leads to a fully fenced yard, providing a safe and private area for outdoor activities. The main floor laundry enhances the home's functionality. Situated close to schools, parks, and a variety of neighborhood amenities, this charming townhome represents the perfect opportunity for first-time buyers, young families, or those seeking a low-maintenance lifestyle without compromising on space or quality.
Property Features
Fenced Yard, Library, Park, Place Of Worship, School, School Bus Route
Property Details
Community
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
29' x 75'
Fronting
South
Taxes
$3,361 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BathroomMain6.92' x 2.99'2 Pc Bath
DiningMain9.25' x 6.27'
KitchenMain11.75' x 10.83'
LivingMain13.91' x 10.40'
Bathroom2nd7.74' x 4.92'3 Pc Ensuite
Bathroom2nd8.23' x 4.92'4 Pc Bath
Br2nd11.75' x 14.24'
Prim Bdrm2nd13.25' x 8.92'
RecBsmt8.23' x 14.34'
UtilityBsmt2.99' x 4.82'
Hamilton Market Statistics
Hamilton Price Trend
247 Festival Way 1 is a 2-bedroom 3-bathroom townhome listed for sale at $649,900, which is $25,528 (3.8%) lower than the average sold price of $675,428 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom townhome in Hamilton declined by $59,286 (8.1%) compared to the previous 30 day period (December 22 - January 20) and up $7,677 (1.1%) from the same time one year ago.
Inventory Change
There were 22 2-bedroom townhomes listed in Hamilton over the last 30 days (January 21 - February 19), which is down 8.3% compared with the previous 30 day period (December 22 - January 20) and up 46.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Hamilton typically sold ($12,778) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,978 decrease compared to the previous 30 day period (December 22 - January 20) and $9,902 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom townhomes in Hamilton over the last 30 days (January 21 - February 19) stood at 95.5%, up from 29.2% over the previous 30 days (December 22 - January 20) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Hamilton stood at 34 days when successfully sold over the last 30 days (January 21 - February 19), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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