15-100 Watershore Drive, Hamilton, ON

Lakeshore, Hamilton · MLS® X12957540

$1,654,000
For Sale
Listed 104 days ago
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4Bedrooms
3Bathrooms
3Garage · 5 parking
2500-3000Sq Ft

About this home

Brand-New Luxury Home in "Project of the Year" Award-Winning Community - The Residences at Watershore! An exceptional opportunity to own a beautifully crafted 4-bedroom, 3.5 bathroom home with a rare 3-car tandem garage, set on a premium lot just steps from Lake Ontario. Thoughtfully customized with elevated finishes throughout! The bright, open-concept main floor showcases engineered hardwood flooring, a striking oak staircase with metal spindles, and a private den enhanced by a custom interior glass window - perfect for a home office or quiet retreat. At the heart of the home, the chef-inspired kitchen features quartz countertops, a full height quartz backsplash, and stainless steel appliances, and flows effortlessly into the spacious living and dining area. A cozy gas fireplace with a custom oak mantel and upgraded lighting creates the perfect ambiance for both relaxing and entertaining. Upstairs, elegant hardwood flooring continues throughout, leading to a luxurious primary suite designed as a private retreat. This elegant space features its own balcony, a spacious walk-in closet, and a spa-inspired ensuite complete with a freestanding tub, glass shower, double vanity, and quartz countertops. Three additional generously sized bedrooms offer ample space for family or guests and share a beautifully finished main bathroom. A convenient second-floor laundry room enhances everyday functionality. The oak staircase extends to the basement, where impressive 9-foot ceilings and a 3-piece rough-in provide excellent potential for additional living space ready to be tailored to your needs. ideally situation just minutes from the QEW, top-rated schools, shopping, and everyday amenities, this exceptional home offers the perfect balance of comfort, style, and convenience in one of the areas most desirable communities. Take advantage of the temporary HST exemption on new homes. Price shown is exclusive of HST and assumes HST rebate eligibility. This home is PRE-CONSTRUCTION.

Key facts

Property type
Detached, 2-Storey
MLS®
X12957540
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000
Lot
49 × 103 ft
Cross streets
Aquamarine & Watershore
Parking
3 garage · 5 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
104
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

Bedroom 3Second3.38 × 3.47 m

Hardwood Floor

KitchenMain5.80 × 3.38 m

Hardwood Floor

DenMain5.80 × 3.38 m

Hardwood Floor

Bedroom 2Second3.47 × 3.65 m

Hardwood Floor

Dining RoomMain5.80 × 3.38 m

sliding doors · hardwood floor

Living RoomMain5.80 × 3.38 m

fireplace · hardwood floor

Bedroom 4Second3.69 × 3.90 m

Hardwood Floor

Primary BedroomSecond4.27 × 4.75 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.26Mest. value

Listed at $1,654,000, this home is about 31% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($601/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Lakeshore, so I widened the search to the surrounding area.

Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths.

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 $1.37M
  • Bathrooms −$15K
  • Adjusts to $1.36M

That comparable adjusts to $1.36M; the $1.26M estimate above is the median of all 14 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. SOUTH SERVICE at GLOVER ACCESS is about a 6-minute walk away.

List price
$1.08MGreat deal$1.65MOverpriced

Total price vs nearby homes. Fair value about $1.26M, median of 14 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.17Mavg asking

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

59 Renata Court$1.37M419 SPRINGBROOK Avenue$1.19M47 Winners Way$1.10M7 Kinsman Drive$1000k

The 4 closest active listings nearby.

See all comparable homes
1.65MThis home1.37M1.19M1.10M1000kThis home vs active comparables
Live market pulseActive comparables in Lakeshore · median list $1.29M
$601this home / sqft
8active listings nearby
104days on market

This home lists 4% below the area average of $623/sqft.

102 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

Lakeshore, 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: SOUTH SERVICE at GLOVER ACCESS, about 476 m away

9 transit stops2 dining3 parks2 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.

Stoney Creek
$917K
Parkview
$500K
Homeside
$593K
Delta
$729K
Gibson
$670K

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
$7,538/mo
$325KIncome needed
5.1×Price ÷ income
$1,740Weekly 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 $7,538Property tax $1,034Total carry $8,572

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,061per month

Mortgage amount $1,323,200 · 4.14% over 25 years

$330,800Down payment (20.0%)
$1,323,200Loan before insurance
$0CMHC premium
$8,095Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,061
Property tax
$1,034
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,095

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

One-time closing costs

Ontario land transfer tax
$29,555
Estimated closing costs
$29,555

Plus your down payment of $330,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,576/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

$795,126Total interest paid
$2,118,326Total of all payments
Principal $1,323,200 Interest $795,126
YearPrincipalInterestBalance
1$30,998$53,735$1,292,202
2$32,295$52,438$1,259,907
3$33,645$51,088$1,226,262
4$35,053$49,680$1,191,209
5$36,519$48,214$1,154,690
6$38,047$46,687$1,116,644
7$39,638$45,095$1,077,006
8$41,296$43,437$1,035,710
9$43,023$41,710$992,686
10$44,823$39,910$947,864
11$46,698$38,035$901,166
12$48,651$36,082$852,515
13$50,686$34,047$801,829
14$52,806$31,927$749,022
15$55,015$29,718$694,008
16$57,316$27,417$636,691
17$59,714$25,019$576,978
18$62,211$22,522$514,766
19$64,814$19,919$449,953
20$67,525$17,208$382,428
21$70,349$14,384$312,079
22$73,292$11,441$238,787
23$76,357$8,376$162,430
24$79,551$5,182$82,879
25$82,879$1,854$0

At the end of your 5-year term

Total paid over the term
$423,665
Principal paid down
$168,510
Interest paid
$255,155
Balance remaining
$1,154,690

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$5,250/mo
$63,000Gross annual rent
2.6%Est. cap rate

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.

3.8%
Gross yield
− Property tax $11,578− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $43,092

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE STATE REALTY. MLS®/PropTx.

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