$899,000 - 546 Evans Road, Hamilton
Detached for Sale in Hamilton
New — Listed todayNeighbourhood: Waterdown
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- MLS Number
- X14109240
- Property Type
- Detached
- Status
- active
- Days on Site
- 0
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Taxes (2026)
- $7,579
- Listing Brokerage
- RE/MAX MILLENNIUM REAL ESTATE
WOW! RARE OPPORTUNITY | DETACHED HOME ON A MASSIVE 1.87-ACRE RAVINE LOT Experience the perfect blend of village atmosphere and city living! Located at 546 Evans Road on a private street in Waterdown, this sprawling 1.87-acre ravine property (110x738 ft) backs directly onto beautiful Burlington green space. Enjoy the ultimate country-in-the-city lifestyle or build a custom dream home with a 3-car garage-the possibilities are endless! THE LAYOUT & INVESTMENT POTENTIAL Inside, this generous home features 4 oversized bedrooms and 2 full washrooms. The primary suite boasts a walk-in closet room and a luxury ensuite with a Jacuzzi tub and standing shower. The elevated main level is complemented by a light-filled, partially finished ground-level basement. Featuring a rec room, broad hallway, and private side entrance, the lower level offers extraordinary potential for an income unit or in-law suite (with permits).OUTDOOR LIVING & UPGRADES Step outside to an all-season sunroom, massive back deck overlooking nature, and a winter fire pit. The property includes a detached double garage and driveway parking for 8. Enjoy peace of mind with updated infrastructure: a new water purification system, an upgraded well with water treatment, and a recently serviced septic tank.PRIME LOCATION Positioned just 300m from Dundas St, you are steps from new developments, a future plaza, and gas stations. Enjoy quick access to Costco, retail centers, the YMCA, top-rated schools, libraries, and highways (QEW, 403, 407).Combining immense land value, ravine views, strategic growth, and limitless building potential, this high-upside gem is an opportunity you do not want to miss! It's tenanted property and pictures are not current pictures Photos are old photos and for reference purposes only
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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.
546 Evans Road, 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 $599/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.
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.
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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.