79 Gatestone Dr

FOR SALE
$1,075,000
79 Gatestone Dr, Hamilton
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
79 Gatestone Dr
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4 + 3
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
7 + 4
ROOMS
X11895306
MLSID
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Property Description
Welcome to 79 Gatestone Drive, an exceptional investment opportunity on a corner lot in the highly desirable Stoney Creek Mountain community of Hamilton. $6000 in income potential! This spacious, 4-bedroom, 3-bathroom home boasts an open-concept layout with soaring ceilings, ample natural light, and high rental potential. The main floor includes a modern kitchen with stainless steel appliances, a sunlit breakfast area, a grand living room, formal dining space, and a family room with a cozy gas fireplace. An additional main-floor bedroom offers flexible use for guests or an in-law suite. Upstairs, the primary bedroom features a luxurious ensuite and walk-in closet, along with two more spacious bedrooms. The fully finished basement, complete with three bedrooms and a separate entrance from the garage, creates options for extended family or rental income. Outdoors, enjoy a fenced backyard ideal for gatherings. Needs a little TLC. With nearby parks, schools, shopping, and easy highway access, this home is positioned for growth and convenience in a vibrant neighborhood. Dont miss this prime investmentschedule a showing today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-07-29 2021-07-29 0 $899,999 $977,500 Sold
Extras
This home offers close proximity to top-rated schools, including Gatestone Elementary and Saltfleet High. Nearby shopping, dining, and parks like Eramosa Karst, easy access to Red Hill and Linc Parkways for commuting to and from Toronto.
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
65' x 116'
Fronting
East
Taxes
$6,177 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround11.68' x 26.51'Laminate, Cathedral Ceiling, Combined W/Dining
DiningGround11.68' x 26.51'Laminate, Cathedral Ceiling, Combined W/Living
KitchenGround13.48' x 22.01'Ceramic Floor, Stainless Steel Appl, Open Concept
BreakfastGround13.48' x 22.01'Ceramic Floor, Large Window, W/O To Garden
FamilyGround14.67' x 13.75'Laminate, Fireplace, Open Concept
4th BrGround8.33' x 12.99'Laminate, Window, Closet
Br2nd14.67' x 15.75'Broadloom, 4 Pc Ensuite, W/I Closet
2nd Br2nd12.01' x 12.34'Broadloom, Large Window, Large Closet
3rd Br2nd13.09' x 13.68'Vinyl Floor, Large Window, Closet
RecBsmt14.17' x 26.35'Broadloom, Fireplace, Window
DenBsmt10.60' x 11.42'Broadloom, Window, Closet
5th BrBsmt11.42' x 14.07'Broadloom, Window, Closet
Hamilton Market Statistics
Hamilton Price Trend
79 Gatestone Dr is a 4-bedroom 4-bathroom home listed for sale at $1,075,000, which is $70,509 (7.0%) higher than the average sold price of $1,004,491 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $85,180 (7.8%) compared to the previous 30 day period (October 19 - November 17) and down $15,509 (1.5%) from the same time one year ago.
Inventory Change
There were 122 4-bedroom homes listed in Hamilton over the last 30 days (November 18 - December 17), which is down 31.1% compared with the previous 30 day period (October 19 - November 17) and up 50.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($26,661) (2.7%) below asking price over the last 30 days (November 18 - December 17), which represents a $2,049 increase compared to the previous 30 day period (October 19 - November 17) and ($41,604) more 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 4-bedroom homes in Hamilton over the last 30 days (November 18 - December 17) stood at 67.2%, up from 53.1% over the previous 30 days (October 19 - November 17) and up from 59.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Hamilton stood at 33 days when successfully sold over the last 30 days (November 18 - December 17), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc.
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