23-261 Skinner Road, Hamilton, ON
Waterdown, Hamilton · MLS® X13133010
About this home
Have you been waiting to experience roof top entertaining? Well look no further... at 261 Skinner #23 this awesome end-unit townhome offers a 600 square foot rooftop terrace overlooking the escarpment. Boasting 3 Bedrooms, 3 Bathrooms and nearly 1600 square feet this home is built for entertaining this townhome offers an excellent layout. The main floor offers a spacious kitchen with white cabinetry, stainless appliances, oversized breakfast island, open to your living and dining room area offering direct access to your private balcony. Additionally the main floor boasts a main 3 piece bathroom, laundry room, and potential main floor master bedroom or office! The upper level of this home features 3 bedrooms. The primary retreat boasts beautiful bright windows, and a spacious 4 piece en-suite. The additional 2 bedrooms both generous in size feature double closets. The upper level additionally features a spacious 4 piece main bath. The upper level directly to the roof top terrace. Enjoy quiet evenings sipping wine on this amazing patio! This townhome also features a built in garage. Located minutes to all major amenities in Waterdown, quick access to the highway .. if you've been looking for something that is totally move in ready offering an easy lifestyle this is the one!
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- X13133010
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 1600-1799
- Cross streets
- Located south of Dundas Street at Mallard. Corner of Skinner Road and Mallard.
- Parking
- 1 garage (none)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Concrete
- Maintenance
- $483/mo
- Exposure
- North
- Property tax
- $4,594 / 2025
- Days on market
- 63
- Listing brokerage
- Royal LePage Real Estate Associates
Rooms
W/O To Balcony
Listed at $729,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $662K, 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 $745K
- Bedrooms +$30K
- Adjusts to $775K
That comparable adjusts to $775K; the $736K estimate above is the median of all 6 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 10-minute walk away.
Total price vs nearby homes. Fair value about $736K, median of 6 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 2% above the area average of $420/sqft.
41 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 788 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 $583,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,112
- Property tax
- $383
- Condo / maintenance fees
- $483
- Heating
- $0
- Estimated monthly cost
- $3,978
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,055
- Estimated closing costs
- $11,055
Plus your down payment of $145,800. 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
- $186,730
- Principal paid down
- $74,271
- Interest paid
- $112,460
- Balance remaining
- $508,929
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 Royal LePage Real Estate Associates. MLS®/PropTx.