$5,795,000 - 63 Mill Street, Hamilton
Detached for Sale in Hamilton
Neighbourhood: Waterdown
- MLS Number
- X13645570
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Maplebank Estate is a one-of-a-kind private compound set on 2.5 acres of beautifully forested grounds, just moments from downtown Waterdown. Beyond the electric gates, the original 1847 residence has been extensively restored and enhanced with millions of dollars in renovations, blending historic character with modern luxury.A private underground tunnel connects the main residence to an impressive auxiliary building designed for year-round recreation and entertaining. The lower level features a fully sound-isolated floating movie theatre with a 12.5-foot-wide screen and 4K projector, along with a private games room overlooking the indoor pool. Accessible by elevator, the pool is enclosed within a bright four-season atrium and includes a sauna and waterfall feature. Nearby is a full service kitchen, bathroom and additional laundry area. The attached garage accommodates four vehicles, with additional tandem parking. Above, a dramatic vaulted loft offers endless possibilities as a home gym, games room, studio or golf simulator. Together, these spaces could also serve as an in-law suite or private secondary dwelling. The nearly 4,000-square-foot main residence features an addition by award-winning architect Malcolm Wildeboer. Inside, site-finished natural walnut flooring, soaring ceilings and carefully preserved architectural details create a warm, timeless atmosphere. The home offers four bedrooms, including an expansive primary suite with a private upper-level terrace overlooking the grounds.With parking for approximately 20 vehicles, exceptional privacy and unmatched versatility, Maplebank Estate is unlike anything else on the market. Enjoy easy access to the Bruce Trail, Smokey Hollow Waterfall, nearby parks, shops and restaurants, all while experiencing the peace and seclusion of a remarkable country estate.
Estimate your monthly payments for this property
Estimated Payment
$25,633.24/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.
63 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
Premium Pricing
At $1932/sqft, this property is priced above the Hamilton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 17 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 5 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.