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Listed 2 months ago

7 Lakegate Drive

Stoney Creek, Hamilton

$3,699,900

Detached|Bungalow
3 | 4 | 9
About this home

Welcome to 7 Lakegate Drive, an extraordinary waterfront estate showcasing luxury, privacy, and rare direct access to Lake Ontario. Situated on a spectacular double lakefront lot with approximately 175 feet of shoreline, this custom-built bungalow presents a truly unique opportunity to own one of the area's most remarkable waterfront properties. Boasting over 3,800 sq ft of elegant main-floor living space, plus a fully finished lower level, this home is designed for both comfortable family living and effortless entertaining. Timeless finishes include wide-plank oak flooring, granite countertops, cathedral ceilings with skylights, crown moulding, and expansive living spaces filled with natural light. The chef-inspired kitchen flows seamlessly into the principal living areas, while the formal dining room with wet bar provides the perfect setting for hosting family and friends. The private bedroom wing features three spacious bedrooms, including a beautifully updated primary retreat complete with a custom walk-in closet, spa-inspired ensuite, and walkout to a private patio. Outside, a resort-style backyard awaits with a heated inground pool featuring a new liner installed in spring 2026, multiple entertaining areas, breathtaking lake views, and direct access to a private beach. A concrete boat ramp provides convenient water access for boating enthusiasts. Completing the property is an oversized 36' x 25' triple garage with rear access, ideal for storing boats, vehicles, and recreational equipment. Additional recent updates include two new furnaces, enhancing comfort and efficiency throughout the home. Adding further appeal, the property includes potential to sever an additional 70-foot lakefront lot to the west. A rare opportunity to enjoy luxury waterfront living, unmatched outdoor amenities, and future potential in one exceptional property.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age31-50
Size3500-5000 sq. ft.
Property Tax$23,616
Lot Size177.48 ft x 192.32 ft
mls© NumberX13433986
Listed ByROYAL LEPAGE STATE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$18,938
Property tax
$1,968
Heat allowance
$150
Housing costs
$21,056 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $739,980
25-yr amortization

Income needed

$648,000

gross annual household income

Payment at 4%
$15,570 / mo
Cash down
$739,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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