$1,599,900 - 4 SUMMIT Drive, Hamilton
Detached for Sale in Hamilton
Popular ListingNeighbourhood: Waterdown
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- MLS Number
- X13825988
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Taxes (2025)
- $9,480
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to 4 Summit Drive, a beautifully designed 1,822 square foot bungaloft situated on a generous 60.11' x 153.27' lot in the desirable community of Waterdown. Offering an exceptional blend of style, comfort, space and versatility, this home features two spacious main-level bedrooms, hardwood floors, a large kitchen with an abundance of cabinetry and generous granite counter space and an inviting great room with gas fireplace and pot lights. The bright sunroom, complete with its own fireplace, overlooks the serene, spacious backyard and offers a peaceful retreat with access to the concrete patio and walkway. The upper-level loft features skylights and provides endless possibilities as an additional bedroom, family room, home office, playroom or private retreat. The fully finished basement expands the living space with wide-plank hardwood flooring, two additional bedrooms, a recreation room with wet bar, family/media room with gas fireplace, three-piece bathroom, pot lights, generous storage and a walk-in closet. An oversized double-car heated garage with high ceilings provides ample room for vehicles, storage and additional workspace. Ideally situated in Waterdown, this home offers the best of community living with convenient access to parks, trails, shopping, restaurants, recreation and everyday amenities, while major highways and Aldershot GO provide excellent connectivity to Burlington, Hamilton and the greater GTA. Set on an exceptional lot with plenty of outdoor space, this versatile home offers a rare combination of generous proportions, multiple living areas, thoughtful features and a peaceful setting-an ideal opportunity to enjoy comfortable living in a welcoming and well-connected community. RSA
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/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.
4 SUMMIT Drive, 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
Fair Market Value
At $1067/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 3 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.
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 $6,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.