$1,024,900 - 31 Grindstone Way, Hamilton
Detached for Sale in Hamilton
34 days on marketNeighbourhood: Waterdown
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- MLS Number
- X13740864
- Property Type
- Detached
- Status
- active
- Days on Site
- 34
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Taxes (2026)
- $6,463
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Welcome to 31 Grindstone Way, ideally located in the sought-after southwest Waterdown neighbourhood. Offering approximately 1,849 sq. ft. above grade plus a finished lower level, this spacious home provides plenty of room for growing and multigenerational families with 5bedrooms and 3.5 bathrooms. The main floor features generous living and dining spaces, afunctional kitchen featuring vintage pocket doors, granite counters, stainless steel appliances, and a walk-out to the backyard with sliding door access, and a convenient powder room. Upstairs, you'll find four bedrooms, including a spacious primary retreat with a private4-piece ensuite, plus an additional 4-piece family bathroom. The finished basement adds exceptional versatility with a fifth bedroom, a good-sized family room, laundry and storage areas, plus a newly added 3-piece bathroom-ideal for teenagers, guests, extended family, or a home office setup. Step outside to a fully fenced backyard designed for relaxing and entertaining. The new deck (2023) off the kitchen provides an inviting spot to step outside with your morning coffee or enjoy summer evenings, while the patio stone seating area creates a second outdoor living space with plenty of room for dining, lounging and gathering with friend sand family. Located close to shopping, retail, parks, schools and the Bruce Trail, with easy access to Highway 6 and Highway 403, this is a commuter's dream in one of Waterdown's most desirable areas. A fantastic opportunity offering space, flexibility and a location that makes everyday living easy.
Estimate your monthly payments for this property
Estimated Payment
$4,533.48/mo
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.
31 Grindstone Way, Hamilton
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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 $683/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.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.