16 Panorama Way, Hamilton, ON
L8E 6C6
Listed October 28, 2026
About this property
Welcome to this beatiful 4-bedroom detached brick family home in the highly sought-after Lake Point community! Sitting on a 45x96 ft lot, this residence offers ~2,300 sq ft of elegant, open-concept living space. Freshly painted in warm neutral tones, the main floor boasts a spacious formal living & dining area filled with natural light from extra windows. Relax in the family room featuring a cozy gas fireplace. Bright kitchen provides convenient access to the backyard, plus direct entry from the double-car garage. Upstairs, find 4 generous bedrooms, including a huge primary suite complete with a 4-pc ensuite and walk-in closet. The second floor also features a bright den and convenient laundry room. Enjoy an incredible lifestyle steps away from Lake Point Park, The Yacht Club, 50 Point Marina, scenic walking trails, and the breathtaking shores of Lake Ontario. Easy access to shopping, schools, and the QEW. Property shows well !!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Carrying Costs Calculator
What it could cost each month to rent 16 Panorama Way — rent, utilities, tenant insurance, internet and parking — plus the cash you’ll need to move in. Change any number to match your situation.
Rent
From the listing.
Utilities
Not clear from the listing — a typical bill. Ask the landlord.
Not clear from the listing — a typical bill. Ask the landlord.
Not clear from the listing — a typical bill. Ask the landlord.
Many Ontario homes rent their water heater — add it if the landlord passes it on.
Other monthly costs
Typical in Ontario — many landlords require it.
A typical plan in the area.
Add it if parking costs extra.
Coin laundry, a storage locker or other regular costs.
Moving in
Refundable when you return the keys — ask the landlord for the amount.
A typical local move with movers — less if friends help.
Account opening and installation fees.
Estimated monthly carrying cost
$3,885/mo
About $46,620 a year
- Rent$3,450
- $330
- Tenant insurance$30
- Internet$75
Cash needed to move in
- First month's rent
- $3,450
- Last month's rent deposit
- $3,450
- Key / fob depositRefundable
- $100
- Moving & set-upEstimate
- $2,400
- Total
- $9,400
Your first 12 months
- Rent and monthly costs12 months
- $46,620
- Moving & set-up
- $2,400
- Total
- $49,020
Deposits aren’t an extra cost: the last-month deposit pays your final month and the key deposit comes back when you return the keys.
Planning ahead
- Household income to keep rent + utilities at 30%CMHC's affordability guideline — landlords often use a similar test
- $152,000/yr
- Highest rent at your first renewalOntario's 2027 guideline (1.9%), once a year with 90 days' written notice. Units first lived in after November 15, 2018 aren't capped.
- $3,516/mo
Estimates only — not legal or financial advice. Deposits and rent increases follow Ontario’s Residential Tenancies Act; utilities, insurance, internet and moving costs are typical figures for the area. Confirm what the rent includes with the landlord before you sign.
Location & Walkability
16 Panorama Way, Hamilton, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 28, 2026
Listing Office: RE/MAX REAL ESTATE CENTRE INC.
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