43 Niska Drive, Hamilton, ON

Waterdown, Hamilton · MLS® X13106738

$1,049,500
For Sale
Listed 70 days ago
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3Bedrooms
3Bathrooms
15Garage · 3 parking
2000-2500Sq Ft

About this home

Welcome to this beautifully maintained detached home in the heart of Waterdown-where comfort, space, and thoughtful updates come together seamlessly. Step inside and you're welcomed by a warm, inviting main floor designed for both everyday living and entertaining. The spacious living and dining areas flow effortlessly into a large eat-in kitchen, complete with stainless steel appliances and granite countertops, all overlooking the cozy family room and backyard-perfect for gathering with family and friends. Upstairs, you'll find three generously sized bedrooms, including a bright and expansive primary retreat with ample closet space and a full ensuite bath. Each room offers comfort, natural light, and functionality for growing families. Head downstairs to the fully finished basement, offering incredible versatility with a large recreation room, exercise space, and plenty of storage. With a basement upgrade completed in 2026, this level is refreshed and ready for both relaxation and additional living needs. Step outside to your private backyard oasis featuring an inground pool with a safety cover and a hot tub with a hardtop cover-ideal for summer entertaining and year-round enjoyment. Additional updates include house renovations in 2026, along with newer windows, patio door, furnace, central air, and roof shingles (2023), giving peace of mind for years to come. Situated in a quiet, family-friendly neighbourhood close to parks, schools, transit, and everyday amenities, this home offers the perfect blend of lifestyle and location.

Key facts

Property type
Detached, 2-Storey
MLS®
X13106738
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500
Lot
40.03 × 111.55 ft
Cross streets
Teeple St
Parking
15 garage · 3 parking (built-in)
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$6,796 / 2025
Days on market
70
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomSecond4.37 × 2.95 m
BathroomSecond0.00 × 0.00 m

4 Pc Bath

BathroomMain0.00 × 0.00 m

2 Pc Bath

Exercise RoomBasement9.47 × 5.08 m
RecreationBasement9.47 × 5.08 m
Living RoomMain4.98 × 3.48 m
Family RoomMain4.70 × 3.20 m
LaundryBasement4.98 × 3.35 m
Dining RoomMain3.48 × 3.40 m
Primary BedroomSecond5.64 × 3.66 m
BathroomSecond0.00 × 0.00 m

4 Pc Ensuite

KitchenMain5.36 × 3.40 m
BedroomSecond4.17 × 2.77 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.15Mest. value

Listed at $1,049,500, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.13M, a close match.

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 $1.05M
  • Adjusts to $1.05M

That comparable adjusts to $1.05M; the $1.15M estimate above is the median of all 13 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$1.05MGreat deal$1.30MOverpriced

Total price vs nearby homes. Fair value about $1.15M, median of 13 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Waterdown · asking prices
$1.36Mavg asking

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

286 Spring Creek Drive$1.05M5 Mays Crescent$1.69M585 Dundas Street$1.35M

The 3 closest active listings nearby.

See all comparable homes
1.05MThis home1.05M1.69M1.35MThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $1.20M
$466this home / sqft
19active listings nearby
70days on market

This home lists 18% below the area average of $571/sqft.

68 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Rural Flamborough
$1.15M
Dundas
$1.05M
Westdale
$1.39M
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
$4,783/mo
$204KIncome needed
5.1×Price ÷ income
$1,104Weekly 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.

89%mortgage
Mortgage $4,783Property tax $566Total carry $5,350

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,480per month

Mortgage amount $839,600 · 4.14% over 25 years

$209,900Down payment (20.0%)
$839,600Loan before insurance
$0CMHC premium
$5,047Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,480
Property tax
$566
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,047

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

One-time closing costs

Ontario land transfer tax
$17,465
Estimated closing costs
$17,465

Plus your down payment of $209,900. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,442/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

$504,525Total interest paid
$1,344,125Total of all payments
Principal $839,600 Interest $504,525
YearPrincipalInterestBalance
1$19,669$34,096$819,931
2$20,492$33,273$799,439
3$21,349$32,416$778,091
4$22,242$31,523$755,849
5$23,172$30,593$732,677
6$24,141$29,624$708,535
7$25,151$28,614$683,384
8$26,203$27,562$657,181
9$27,299$26,466$629,882
10$28,441$25,324$601,441
11$29,631$24,134$571,810
12$30,870$22,895$540,940
13$32,161$21,604$508,778
14$33,507$20,258$475,272
15$34,908$18,857$440,363
16$36,368$17,397$403,995
17$37,890$15,875$366,105
18$39,475$14,291$326,631
19$41,126$12,639$285,505
20$42,846$10,919$242,659
21$44,638$9,127$198,021
22$46,505$7,260$151,516
23$48,450$5,315$103,065
24$50,477$3,288$52,588
25$52,588$1,177$0

At the end of your 5-year term

Total paid over the term
$268,825
Principal paid down
$106,923
Interest paid
$161,902
Balance remaining
$732,677

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$4,200/mo
$50,400Gross annual rent
3.5%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.

4.8%
Gross yield
− Property tax $6,796− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,660

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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