$1,549,900 - 54 Waterwheel Crescent, Hamilton
Detached for Sale in Hamilton
Neighbourhood: Waterdown
- MLS Number
- X13651340
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Discover an exceptional bungalow living in the heart of Waterdown, a community known for its charming downtown, parks, scenic trails, and outstanding family-friendly lifestyle. Offering 4 bedrooms, 3 bathrooms, and approximately 3,583 sq ft of finished living space, this beautifully updated home blends timeless design with sophisticated modern finishes. Set on a spectacular property, the private backyard retreat features a tranquil pond, greenhouse, mature landscaping, and expansive outdoor living spaces for relaxing and entertaining. A welcoming foyer opens into an impressive great room, where expansive windows overlook the backyard and a gas fireplace creates a warm focal point. Seamlessly connected to the updated eat-in kitchen, this inviting space is ideal for everyday living and entertaining. The kitchen features abundant cabinetry, a centre island, generous prep space, and a walkout to the side yard. A dedicated home office provides excellent flexibility for today's lifestyle. The spacious primary retreat offers a walk-in closet and beautifully renovated 4pc ensuite with a glass-enclosed shower. an additional bedroom, a 4pc bathroom, and convenient main floor laundry complete the level. The fully finished walkout lower level extends the living space with a spacious recreation room centered around a second fireplace, wet bar, two additional bedrooms, full bathroom, and exceptional storage. A full-size walkout provides direct access to the lower backyard, making this level ideal for guests, recreation, hobbies, or multi-generational living. Step outside and experience a backyard unlike any other. The peaceful pond, greenhouse, mature gardens, and generous outdoor living areas create a private setting to enjoy year-round. Beautifully updated with a sophisticated contemporary aesthetic, exceptional living spaces, and an extraordinary backyard retreat, this remarkable bungalow offers a rare opportunity to enjoy one of Waterdown's most sought-after settings.
Estimate your monthly payments for this property
Estimated Payment
$6,855.73/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.
54 Waterwheel Crescent, Hamilton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $775/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 16 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.
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.