11 Drakes Drive, Hamilton, ON
Lakeshore, Hamilton · MLS® X13499766
About this home
Just steps from the lake, waterfront trail, and beach, this beautifully renovated 4-level backsplit offers the perfect combination of space, flexibility, and lifestyle. Situated on a quiet, family-friendly street, you'll enjoy easy access to Confederation Park, Wild Waterworks, parks, schools, shopping, and major commuter routes. Offering over 2,500 sq ft of finished living space, this home provides the versatility today's families are searching for. With 6 bedrooms, 4 bathrooms, 2 kitchens, and 2 laundry areas, this home is designed to adapt to every stage of life. Thoughtfully renovated from top to bottom, it offers two complete living spaces that remain seamlessly connected as one home. Both primary bedrooms feature private ensuites, providing comfort and privacy for multi-generational living, while a separate backyard entrance to the lower living area adds even more flexibility. The beautifully updated kitchen showcases quartz countertops and stainless steel appliances, while the expansive family room is the perfect place for movie nights, holiday celebrations, and everyday living. Outside, you'll discover an oversized backyard with a covered concrete patio, creating the perfect setting for summer BBQs, morning coffee, or unwinding at the end of the day. The hot tub is included in as-is condition, and there's plenty of space for children, pets, gardening, and entertaining family and friends. From evening strolls along the waterfront and bike rides on the trail to summer days spent at Confederation Park or Wild Waterworks, this location offers a lifestyle that's hard to match. Whether you're bringing generations together, looking for room to grow, or simply searching for a home that offers exceptional flexibility without compromising style or location, 11 Drakes Drive delivers. Homes offering this much space, versatility, and lifestyle in one of Hamilton's most desirable lakeside neighbourhoods are rare.
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- X13499766
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 4
- Size
- 1500-2000
- Lot
- 34.71 × 201.67 ft
- Cross streets
- Grays & Frances
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Finished with Walk-Out, Full, Separate Entrance, Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,533 / 2025
- Days on market
- 18
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
3 Pc Bath
3 Pc Ensuite
Combined w/Laundry
3 Pc Bath
3 Pc Ensuite
Combined w/Laundry
Listed at $829,000, this home is tracking about 21% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $893K, a bit lower.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.35M
- Bedrooms +$90K
- Bathrooms +$30K
- Adjusts to $1.47M
That comparable adjusts to $1.47M; the $1.05M estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. South Service at Green is about a 11-minute walk away.
Total price vs nearby homes. Fair value about $1.05M, median of 11 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Primary suite: a key comfort and resale feature.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 25% below the area average of $632/sqft.
16 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Lakeshore, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: South Service at Green, about 891 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $663,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,539
- Property tax
- $461
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,000
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,055
- Estimated closing costs
- $13,055
Plus your down payment of $165,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $212,345
- Principal paid down
- $84,459
- Interest paid
- $127,886
- Balance remaining
- $578,741
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.