2023 Kitchen Renovation in a 5-Bedroom Home Near Fifty Point Conservation

Property details for 563 Fifty Road, Hamilton

Type: Residential
Bedrooms: 5
Bathrooms: 4
Lot Size: 50.2 FT
Stories: 2
Basement: Finished, Full
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Aluminum siding
Ownership: Freehold
Annual Taxes: $6,401

The kitchen got a full reno last year with new cabinets and counters. It's a 5-bed, 4-bath house with a finished basement that adds a bedroom and family room. Upstairs has four bedrooms, including a primary with walk-in closet and ensuite shower. Main floor includes living and dining rooms, plus a half bath. Outside, there's a double garage, a fenced backyard with a gazebo, and brick and vinyl siding. Located in Stoney Creek, it's close to the conservation area at Fifty Point for trails and boating, with Boston Pizza 3.6 km away. Priced at $1,074,900, it's below the nearby median of $1,099,900. Taxes run about $6,400 annually.

About 563 Fifty Road, Hamilton — Property Score

Prime Location Feature Rich

Score: 67/100

Value

Priced 14.4% above area median of $939,800 based on 183 comparable properties nearby 48

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

4,126 sqft lot - a standard lot for the area 65

Location

$119K median household income - above the Canadian average of $70K 90

84% of residents hold postsecondary credentials - a highly educated neighbourhood 92

96% homeownership rate - indicating a stable, owner-occupied community 97

48% of residents commute under 30 minutes - good commuting convenience 68

2,481/km² population density - a well-balanced suburban area 95

Market

Just listed - area average is 40 days on market 100

+4.5% median price change over 1 month - rising prices in the area 73

24.8 months of housing supply - 1216 active listings with 49 sold last month (buyer's market) 40

Features

6-car garage - more than the area average of 4.7 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.6% effective tax rate ($6,400/yr) - very low tax burden 82

4% renter population - primarily owner-occupied area 35

Quality

Condition

Listing

50 photos provided - 32% more than 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.