5-Bed Family Home on 45x105 Lot Near Redeemer

Property details for 43 Falconridge Drive, Hamilton

Type: Residential
Bedrooms: 5
Bathrooms: 4
Lot Size: 45 x 105 FT
Stories: 2.5
Basement: Finished, Full
Parking: Garage, Covered
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $7,507

This brick 2.5-storey freehold in Carpenter packs a lot of living into 45 by 105 feet. Five bedrooms, four bathrooms, and a finished basement with a separate entrance. That's right, the lower level has two more bedrooms and a full bath, making it prime for in-laws or rental income. The main floor flows with a fireplace in the living room, a kitchen with stainless steel appliances (French door fridge, gas stove), and a dining area that opens to a deck over a fenced backyard. Upstairs, three bedrooms including a primary with a walk-in closet and ensuite. Hardwood floors through most of the main and upper levels, ceramic tile in the baths. The double garage has inside entry, plus driveway space for two more cars. Forced air gas heat and central AC keep things comfortable year-round. You're 2 km from Redeemer University, 3 km from Costco Ancaster, and a quick drive to the Linc for commutes. Taxes run about $7,500 annually. Sale price of $1,099,888 lands right at the local median for active listings, though recent sales nearby averaged $930K. It's seen solid interest with 15 active comps in the area and 5 sales in the past month. This one's got flexibility for a growing crew or extra cash flow, but the lot is a bit tight for the size. Worth a look if you need that 5-bed layout without the suburban sprawl.

About 43 Falconridge Drive, Hamilton — Property Score

Prime Location Hot Market

Score: 66/100

Value

Priced 29.4% above area median of $849,900 based on 735 comparable properties nearby 26

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

4 bathrooms - 1 more than similarly priced properties nearby 72

4,725 sqft lot - a standard lot for the area 65

Location

$121K median household income - well above the Canadian average of $70K 90

85% of residents hold postsecondary credentials - a highly educated neighbourhood 92

98% homeownership rate - indicating a stable, owner-occupied community 98

65% of residents commute under 30 minutes - excellent commuter accessibility 82

3,815/km² population density - a well-balanced suburban area 92

Market

Just listed - area average is 63 days on market 100

+33.3% median price change over 1 month - rising prices in the area 100

38.2 months of housing supply - 1871 active listings with 49 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.8 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.68% effective tax rate ($7,506/yr) - below the Canadian average of ~1% 80

3% renter population - primarily owner-occupied area 34

Quality

Condition

Listing

33 photos provided - below the area average of 38 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.