7 Ridgeside Lane, Hamilton, ON
Waterdown, Hamilton · MLS® X13104774
About this home
Welcome to this stunning 3-storey townhome nestled in the highly sought-after community of Waterdown, offering the perfect blend of modern elegance, comfort, and functionality. Boasting 3+1 bedrooms, 3.5 washrooms, and approximately 2,151 sq. ft. of beautifully designed living space, this impressive brick and stone residence is only 7 years new and truly move-in ready. Step inside to a spacious foyer that leads to a private main-level bedroom complete with a full washroom-perfect for guests, in-laws, or a stylish home office setup. The heart of the home is the chef-inspired kitchen featuring stainless steel appliances, a large central island, sleek backsplash, and ample cabinetry, seamlessly flowing into the bright open-concept great room highlighted by laminate flooring, pot lights, and generous dining space ideal for entertaining family and friends. Enjoy your morning coffee or unwind in the evening on the oversized private balcony. The upper level offers three spacious bedrooms, two full washrooms, and the added convenience of upper-floor laundry. Located in one of Waterdown's most desirable neighborhoods, this exceptional home presents an incredible opportunity for first-time buyers, growing families, or investors looking to own a stylish and contemporary property in a prime location. Don't miss your chance to call this beautiful home yours!
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- X13104774
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2249
- Cross streets
- Mallard Trail & Skinner Rd
- Parking
- 1 garage · 2 parking (attached)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Roof
- Asphalt Shingle
- Maintenance
- $187/mo
- Exposure
- West
- Property tax
- $5,360 / 2025
- Days on market
- 70
- Listing brokerage
- RE/MAX REALTY SERVICES INC.
Rooms
broadloom · combined w/laundry
laminate · laminate · pot lights
broadloom · window · closet
centre island · stainless steel appl · backsplash
broadloom · 4 pc ensuite · walk-in closet(s)
tile floor · ceramic floor · 3 pc ensuite
Listed at $755,000, this home is about 18% below comparable homes, worth a close look. 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 $782K, a bit lower.
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 $860K
- Size difference +$97K
- Adjusts to $957K
That comparable adjusts to $957K; the $926K 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 11-minute walk away.
Total price vs nearby homes. Fair value about $926K, 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.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 16% below the area average of $422/sqft.
48 days longer than the Hamilton average (22 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterdown, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 872 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $604,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,223
- Property tax
- $447
- Condo / maintenance fees
- $187
- Heating
- $0
- Estimated monthly cost
- $3,857
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,575
- Estimated closing costs
- $11,575
Plus your down payment of $151,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $193,390
- Principal paid down
- $76,920
- Interest paid
- $116,471
- Balance remaining
- $527,080
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SERVICES INC.. MLS®/PropTx.