122 Rainbow Drive, Hamilton, ON

$699,900
MLS#:X9364834
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Corman. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 50 x 111 ft lot
  • Features a ["finished", "walk-up"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 122 Rainbow Drive, Hamilton. Single family residential property situated in desirable East Hamilton, right across Glendale Secondary School and Viola Desmond Elementary School. Gorgeous home features 3 bedrooms, full bathroom, kitchen, living room, separate dining room and sun room on main level. Back door entrance leads to lower level of finished basement with huge recreation/family room, full bath, 2nd kitchen, dining room, laundry and utility room. Ideal for potential in-law suite. Home is much larger than it appears. Ideal for growing families with lot of possibilities. 50x111 lot.. Spacious driveway that fits up to 5 cars, plus massive detached garage (extra wide and extra deep). Pride of ownership and same owners last 37 y. Close to schools, Shopping, Public Transportation and Red Hill Parkway. RSA

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 1, 2024
Sold price information is available to members only
Listed Date9/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Walk-Up
Lot Size50 × 111 Feet
CountyHamilton
Annual Tax$4,457.16
Legal DescriptionLT 48, PL 1176; HAMILTON

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Level, Park, School

Interior Features

None

Security Features

Community Features

Location

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122 Rainbow Drive, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 122 Rainbow Drive, Hamilton, ON L8K 4E8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$559,920
Monthly Mortgage$3,253
Property Tax (Est.)$371
Utilities & Maint.$350
Total Monthly Cost$3,974

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hamilton.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Corman, Hamilton.

Verified Local Data
City Population785,184
City Median Age41.6 Yrs
City Ownership69% Owners
Avg Area List Price$642,062

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Viscount Montgomery
Public1525 Lucerne Avenue, Glenview West, Hamilton, Ontario, L8K 1R3
6.6
Sir Wilfrid Laurier
Public70 Albright Road, Vincent, Hamilton, Ontario, L9H 0A3
3.9
Hillcrest
Public40 Eastwood Street, Mcquesten East, Hamilton, Ontario, L8H 6R7
5.4
St Luke
Public345 Albright Road, Red Hill, Hamilton, Ontario, L8K 6N3
5.8
St David
Public33 Cromwell Crescent, Greenford, Hamilton, Ontario, L8G 2E9
5.4

Secondary Schools

Glendale
Public145 Rainbow Drive, Corman, Hamilton, Ontario, L8K 4G1
4.6
Sir Winston Churchill
Public1715 Main Street East, Normanhurst, Hamilton, Ontario, L8H 1E3
2.4
Sherwood
Public25 High Street, Sherwood, Hamilton, Ontario, L8T 3Z4
4.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.