$999,000 - 193 Mill Street, Hamilton
Detached for Sale in Hamilton
New — Listed 4 days agoNeighbourhood: Waterdown
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- MLS Number
- X13858680
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Lot Size
- 1 sqft
- Taxes (2025)
- $6,734
- Listing Brokerage
- RE/MAX Escarpment Realty Inc
A Rare Opportunity to Create Your Dream Home in a Private, Nature-Inspired Setting. YOUR PRIVATE RETREAT. STEPS FROM THE VILLAGE. The property presents an exceptional opportunity for those looking to create something truly special in one of Waterdown's most distinctive settings. Set on approximately .58 acres, this mature, tree-filled property offers the feeling of a private Muskoka retreat while being just steps from the shops, restaurants and everyday conveniences of the village. Nestled within a conservation/greenbelt setting and directly across from the Grindstone Creek Trail, the property is surrounded by nature and offers an exceptional sense of privacy and tranquility. Smokey HollowWaterfall, the Bruce Trail and the natural beauty of the Grindstone Creek valley are close by, while Burlington, Hamilton, major highways and Aldershot GO are easily accessible. The existing dwelling is being offered in its current condition-the real opportunity is the land and the vision it inspires. Imagine an architecturally designed custom residence surrounded by mature trees, beautiful gardens and exceptional outdoor living spaces. Create a home that is completely your own, thoughtfully positioned to embrace the natural setting and designed around the way you want to live. With approximately 200 feet of frontage and 142 feet of depth, this is an unusually generous parcel in an established village location. The NEC has indicated they are amenable to a new home being constructed on this property. For those who have been searching for privacy, nature and space without giving up village convenience, this is a rare opportunity to build something extraordinary. New Property Survey is available. All home measurements are approximate. Bring your Architect. Bring your vision. Build the home you've always wanted!
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Waterdown
Waterdown is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterdown
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterdown offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
193 Mill Street, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $666/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
About Waterdown
I know Waterdown well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.