42 LAKE Avenue, Hamilton, ON

$669,000
MLS#:X13697146
4 beds
1 baths
700-1100 sqft
7.0 parking
Residential Freehold
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Added:Aug 16, 2026(13 days ago)
Updated:Aug 20, 2026(9 days ago)
Last Checked:17 minutes ago

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Riverdale. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $669,000 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.

  • 4 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 51.59 x 136.54 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 42 Lake Ave North - A Home Full of Space, Privacy, and Possibilities. Discover the charm and potential of 42 Lake Ave North, a welcoming home set higher on the lot and tucked away from the main road. With plenty of parking for family and friends and an abundance of indoor and outdoor space, this property offers the flexibility to make it truly your own. Step outside and enjoy a large, private backyard, garden area, and a covered deck that's perfect for entertaining, relaxing, or enjoying summer evenings. There's even room to add a hot tub and create your own backyard retreat. A standout feature is the large heated workshop with A/C, ready to be customized to suit your hobbies, projects, or recreational needs. Prefer a garage? The space could potentially be converted back to a detached garage for a vehicle, motorcycle, boat, ATV and/or other toys. A spacious shed provides additional storage and could even be transformed into a special retreat for the family pet. Inside, the bright living room features beautiful hardwood floors, while the eat-in-kitchen offers a comfortable space for everyday meals. The main floor also includes a bedroom and bathroom for added convenience. Upstairs, you'll find two additional bedrooms, providing plenty of room for family, guests, or a home office. The finished basement adds even more versatility, featuring a cozy gas fireplace in the family room, an additional bedroom, spacious laundry room, and den. With generous outdoor space, versatile outbuildings, and plenty of room to personalize, 42 Lake Ave North is a home with both character and opportunity.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 42 LAKE Avenue, Hamilton is currently for sale and has been available on SousaSells for 13 days. This property is listed at $669,000 with an estimated mortgage of $2,227* per month. It has 4 beds, 1 bathroom, and is 700-1100 square feet. 42 LAKE Avenue, Hamilton is in the Riverdale neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Riverdale, Hamilton.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Riverdale, Hamilton.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedAug 16, 2026 (13 days ago)
UpdatedAug 20, 2026 (9 days ago)
Last Checked17 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding, Vinyl Siding
BasementFull, Finished
Lot Size51.59 × 136.54 Feet
CountyHamilton
Annual Tax$4,127
Legal DescriptionPT LT 25, CON 2 SALTFLEET, AS IN CD503518 ; HAMILTON

Parking & Garage

Parking Total7.0
Parking Space7
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Park
  • Public Transit
  • School
  • Sloping

Interior Features

  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 42 LAKE Avenue, Hamilton, ON

Q.What is the asking price for 42 LAKE Avenue, Hamilton, ON ?

The current listing price for 42 LAKE Avenue, Hamilton, ON in Riverdale, Hamilton is $669,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 42 LAKE Avenue, Hamilton, ON ?

42 LAKE Avenue, Hamilton, ON is a Detached (1 1/2 Storey) featuring a Full, Finished basement.

Q.What key property features does 42 LAKE Avenue, Hamilton, ON offer?

Key property features include: Hospital, Park, Public Transit, School, Sloping.

Q.What interior features are included in this home?

Interior highlights include: Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 7.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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42 LAKE Avenue, Hamilton, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Riverdale, Hamilton

SAFETY RATING9.0 / 10
Low Incident Area
Total Annual Incidents61 incidents / yr
Average Per Month5.1 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

23 assaults (45.0/100k)

Property Security
Low

11 B&E (40.0/100k)

Auto Theft Risk
Low Risk

15 thefts (45.0/100k)

1-Year Trend
â–¼ 5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Halton Regional Police Service (HRPS) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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 42 LAKE Avenue N, Hamilton, ON L8E 1L3

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

Configure Loan Settings

Interest Rate4.00%
Down Payment$200,700 (30.0%)
* Minimum Canadian down payment required for this price is $41,900.
Amortization Period30 Years
Estimated Monthly Payment$2,227Based on a loan of $468,300 over 30 years.
Purchase Price$669,000
Loan Amount$468,300
Provincial Land Transfer Tax:$9,855
Total Estimated Closing Taxes:$9,855

About Purchasing a Home in Hamilton, ON

For a property listed at $669,000 in Hamilton, the legal minimum down payment is $41,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,855 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,855.

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Riverdale, Hamilton Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$477,511

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Riverdale, Hamilton

Elementary Schools

St Agnes
Public80 Colcrest Street, Riverdale East, Hamilton, Ontario, L8E 3Y8
5.5
St David
Public33 Cromwell Crescent, Greenford, Hamilton, Ontario, L8G 2E9
5.4

Secondary Schools

No secondary schools data loaded.

Riverdale, Hamilton Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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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.

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