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247 Festival Way 4, Hamilton, ON L0R 1C0

3 beds · 3 baths · 1 kitchen · 7 rooms · 2 parking spaces · 1100-1500 sq ft · Att/Row/Townhouse
$549,900
Property tax
$3,517 / year

This beautifully maintained 3-bedroom, 3-bathroom townhome is nestled in the heart of Binbrook. Offering an ideal blend of comfort, functionality, and low-maintenance living, this home is perfect for families, first-time buyers, or downsizers. Inside, you'll find a bright and inviting main floor featuring 9-foot ceilings and large windows with lots of natural light. The spacious living room featuring hardwood floors and pot lights, leads into the upgraded kitchen with stainless steel appliances, tile backsplash, and an eat-in area with a sliding door walk-out to a private balcony - perfect for a morning coffee. The convenient main floor laundry and 2-piece powder room complete the main level. The upgraded hardwood staircase (with a carpet runner) leads to three lovely bedrooms, including a primary retreat complete with a trendy accent wall, a walk-in closet and a 3-piece ensuite bath. The lower level is large enough for a guest suite, home office, or kids' playroom. It features interior access to the garage, and a patio door walk-out to a fully fenced backyard, offering a rare and valuable outdoor space. Located in the family-friendly community of Binbrook, this home offers the perfect balance of small-town charm and modern amenities. Binbrook is known for its quiet streets, strong sense of community, and abundance of green space. Residents enjoy close proximity to local schools, shops, and the popular Binbrook Conservation Area, where you can enjoy hiking, water activities, and scenic natural surroundings year-round. The historic Binbrook Fairgrounds offer playgrounds, sports fields, seasonal events, and the annual Binbrook Fall Fair. Upgrades include fresh paint (2024), vinyl flooring in lower level (2024), new fridge (2024), new washing machine (2025). This townhome has a modest common elements fee of just $127/month. It is an exceptionally well-kept home that is move-in ready!

MLS number
X13763520
Type
Att/Row/Townhouse
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
L0R 1C0
Photos
48
Laundry
Not in the unit
3days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Bellmoore Public School
Hamilton-Wentworth DSB
Elementary517 m6.7 / 10
67% met the standard
Our Lady of Hope Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary790 m7.5 / 10
75% met the standard
St. Matthew Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary1.2 km7.4 / 10
74% met the standard
École élémentaire Michaëlle Jean Elementary School
Hamilton-Wentworth DSB
Elementary1.8 km7.3 / 10
73% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Att/Row/Townhouses in Hamilton959 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$546k$647k$749k20252026this home’s asking price
$669klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%99%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d18d36d20252026
23dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among att/row/townhouses in hamilton. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 4,599 people.

$117,000Median household income
91.7%Own their home
51.6%Detached houses
35.2Median age
24%Born outside Canada
25.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35251027 — the few blocks around this address, home to 4,599 people. It describes the area, not this property.

4,599Population
33.6Average age
3Household size
$125,600Average household income
$117,000Median household income
92%Own their home
8%Rent
20%Condominiums
24%Born outside Canada
26%University degree
$817,000Average home value
4%Low income
44%Not in the labour force
18%Never married
Under $5,000<1%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over38%
$100,000 to $124,99911%
$125,000 to $149,9999%
$150,000 to $199,99912%
$200,000 and over7%

Percentages are of the 2,480 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$109,980 · minimum here is $29,990
$2,434.84per month
Borrowed before insurance$439,920
Total borrowed$439,920
Interest over 25 years at 4.5%$290,531

If you rented it out

-$2,727.92per month out of pocket
Rent$0.00
Everything it costs to hold$2,727.92
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX REAL ESTATE CENTRE INC.. Listing data provided by the Toronto Regional Real Estate Board.