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Listed 3 months ago

345 Mountain Brow Road

Waterdown, Hamilton

$2,395,000

Detached|2 1/2 Storey
7 | 5 | 16
About this home

Set on approximately 3-acres (per MPAC) this property overlooks the breathtaking natural landscape of Smokey Hollow and backs directly onto the iconic Bruce Trail. This remarkable gated estate offers a rare opportunity to acquire one of the area's most picturesque and private estates. A graceful, swooping driveway leads through expansive, awe-inspiring grounds, creating a dramatic sense of arrival while remaining discreet and private from the road. The 2.5-storey residence offers 7 bedrooms and 5 bathrooms, along with a library with a fireplace. The home in its current state needs to be renovated. Outdoor features include an inground swimming pool and a detached double-car garage, all set within the property's remarkable estate setting. For those with a vision for transformation, a new house rendering design by SMPL Design Studio offers inspiration for a spectacular modern residence. Ideally located just minutes from downtown Waterdown, Burlington, and the convenient Aldershot GO Station, providing easy access to amenities and commuting options. Property and all structures are being sold in AS-IS condition. Floor plans and a survey are available. Either renovate the existing house or build a new one. Exterior photos are current and from a few years ago. Interior photos and new home renderings are for creative / illustrative purposes only.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$17,408
Lot Size151.79 ft x 579.15 ft
mls© NumberX13439700
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,259
Property tax
$1,451
Heat allowance
$150
Housing costs
$13,859 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $479,000
25-yr amortization

Income needed

$426,000

gross annual household income

Payment at 4%
$10,079 / mo
Cash down
$479,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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