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Listed 18 days ago

31 Grindstone Way

Waterdown, Hamilton

$1,024,900

Detached|2-Storey
4 | 4 | 6
About this home

Welcome to 31 Grindstone Way, ideally located in the sought-after southwest Waterdown neighbourhood. Offering approximately 1,849 sq. ft. above grade plus a finished lower level, this spacious home provides plenty of room for growing and multigenerational families with 5bedrooms and 3.5 bathrooms. The main floor features generous living and dining spaces, afunctional kitchen featuring vintage pocket doors, granite counters, stainless steel appliances, and a walk-out to the backyard with sliding door access, and a convenient powder room. Upstairs, you'll find four bedrooms, including a spacious primary retreat with a private4-piece ensuite, plus an additional 4-piece family bathroom. The finished basement adds exceptional versatility with a fifth bedroom, a good-sized family room, laundry and storage areas, plus a newly added 3-piece bathroom-ideal for teenagers, guests, extended family, or a home office setup. Step outside to a fully fenced backyard designed for relaxing and entertaining. The new deck (2023) off the kitchen provides an inviting spot to step outside with your morning coffee or enjoy summer evenings, while the patio stone seating area creates a second outdoor living space with plenty of room for dining, lounging and gathering with friend sand family. Located close to shopping, retail, parks, schools and the Bruce Trail, with easy access to Highway 6 and Highway 403, this is a commuter's dream in one of Waterdown's most desirable areas. A fantastic opportunity offering space, flexibility and a location that makes everyday living easy.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,463
Lot Size35.01 ft x 105.38 ft
mls© NumberX13740864
Listed ByROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

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%
$5,246
Property tax
$539
Heat allowance
$150
Housing costs
$5,935 / mo

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

Down payment20% · $204,980
25-yr amortization

Income needed

$183,000

gross annual household income

Payment at 4%
$4,313 / mo
Cash down
$204,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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