195 Granite Ridge Trail, Hamilton, ON

Waterdown, Hamilton · MLS® X12806622

$1,499,900
For Sale
Listed 147 days ago
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6Bedrooms
4Bathrooms
2Garage · 4 parking
3000-3500Sq Ft

About this home

Experience the perfect blend of luxury, comfort, and modern design in this stunning 6-bedroom, 4-bathroom home, beautifully positioned in one of Waterdown's most prestigious and serene neighbourhoods. Featuring a sleek modern elevation, main floor bedroom suite, and basement walk-up, this residence offers exceptional curb appeal and an elevated lifestyle. Step inside to a bright, sophisticated main floor with 10' smooth ceilings, upgraded tile flooring, wide-plank-stained hardwood, and a convenient full bathroom-ideal for guests or multigenerational living. The open-concept layout flows seamlessly into a high-end upgraded kitchen, complete with quartz countertops, built-in oven, gas cooktop, and JennAir refrigerator, perfect for both everyday living and entertaining. The second level continues the upscale feel with 9 ft ceilings, spacious bedrooms, and a versatile loft that can serve as a lounge, office, or playroom. Both staircases feature elegant, stained wood with iron spindles, adding to the home's elevated aesthetic. The basement walk-up offers incredible potential-ideal for extended family, recreation, or future income possibilities. Located just minutes from major amenities and offering easy access to Highway 407 and the Burlington border, this home combines luxury with unbeatable convenience. Enjoy the comfort of one of Waterdown's biggest homes! RSA.

Key facts

Property type
Detached, 2-Storey
MLS®
X12806622
Bedrooms
6
Bathrooms
4
Size
3000-3500
Lot
46.11 × 77.81 ft
Cross streets
Great falls Blvd to Granite Ridge Trl
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Full, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,307 / 2025
Days on market
147
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomSecond5.59 × 5.22 m
Dining RoomMain4.52 × 3.98 m
LaundrySecond0.00 × 0.00 m
BedroomMain3.04 × 3.98 m
BedroomSecond5.55 × 4.97 m
BedroomSecond4.96 × 4.16 m
BedroomSecond4.50 × 4.49 m
KitchenMain3.95 × 7.50 m
BedroomSecond3.95 × 5.66 m
Family RoomMain3.90 × 5.12 m
Living RoomMain3.34 × 4.07 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.53Mest. value

Listed at $1,499,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.83M, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.50M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.45M

That comparable adjusts to $1.45M; the $1.53M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. DUNDAS at BURKE is about a 12-minute walk away.

List price
$1.45MGreat deal$1.58MOverpriced

Total price vs nearby homes. Fair value about $1.53M, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterdown · asking prices
$1.50Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

220 Great Falls Boulevard$1.60M39 Avanti Crescent$1.50M446 Humphrey Street$1.50M7 Arnhem Court$1.50M7 Grierson Trail$1.40M

The 5 closest active listings nearby.

See all comparable homes
1.50MThis home1.60M1.50M1.50M1.50M1.40MThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $1.50M
$462this home / sqft
7active listings nearby
147days on market

This home lists 3% below the area average of $476/sqft.

145 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterdown, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

37/ 100

Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: DUNDAS at BURKE, about 968 m away

2 transit stops4 dining7 parks1 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dundas
$1.05M
Westdale
$1.39M
Rural Flamborough
$1.15M
Gibson
$670K
Homeside
$593K

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$6,836/mo
$295KIncome needed
5.1×Price ÷ income
$1,578Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $6,836Property tax $942Total carry $7,778

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,403per month

Mortgage amount $1,199,920 · 4.14% over 25 years

$299,980Down payment (20.0%)
$1,199,920Loan before insurance
$0CMHC premium
$7,345Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,403
Property tax
$942
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,345

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$26,473
Estimated closing costs
$26,473

Plus your down payment of $299,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,777/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$721,046Total interest paid
$1,920,966Total of all payments
Principal $1,199,920 Interest $721,046
YearPrincipalInterestBalance
1$28,110$48,729$1,171,810
2$29,286$47,553$1,142,524
3$30,511$46,328$1,112,013
4$31,787$45,052$1,080,226
5$33,117$43,722$1,047,110
6$34,502$42,337$1,012,608
7$35,945$40,894$976,663
8$37,448$39,390$939,215
9$39,015$37,824$900,200
10$40,647$36,192$859,553
11$42,347$34,492$817,206
12$44,118$32,720$773,088
13$45,964$30,875$727,124
14$47,886$28,952$679,238
15$49,889$26,949$629,348
16$51,976$24,862$577,372
17$54,150$22,688$523,222
18$56,415$20,423$466,807
19$58,775$18,064$408,032
20$61,233$15,605$346,798
21$63,795$13,044$283,003
22$66,463$10,375$216,540
23$69,243$7,595$147,297
24$72,140$4,699$75,157
25$75,157$1,682$0

At the end of your 5-year term

Total paid over the term
$384,193
Principal paid down
$152,810
Interest paid
$231,383
Balance remaining
$1,047,110

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
3.6%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.0%
Gross yield
− Property tax $11,307− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $54,577

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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