7 Grierson Trail, Hamilton, ON

Waterdown, Hamilton · MLS® X13216368

$1,399,900
For Sale
Listed 53 days ago
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7Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq Ft
1 schools6 parkswithin 1.5 km

About this home

This lovely 2023 Greenpark home is nestled in the charming community of Waterdown. The spacious residence features four + three bedrooms and four + two bathrooms, with nearly 5,000 square feet of finished living space across three levels. It is ideal for growing families or multigenerational living. The main floor offers a breathtaking open-concept layout with soaring 9-foot ceilings that fill the space with natural light.The gourmet kitchen serves as the heart of the home, complete with luxurious quartz countertops, a massive oversized island perfect for casual meals and gatherings, a convenient butler's pantry, abundant storage and exquisite custom cabinetry. Adjacent to the kitchen, the cozy family room flows effortlessly, making it ideal for year-round entertaining. A tucked-away room off the family area works perfectly as a home office or dedicated play space for children. Upstairs, you will find four generous bedrooms, three full bathrooms and a convenient laundry room.Oversized closets provide ample storage, while beautiful hardwood flooring throughout the principal areas adds timeless elegance and easy maintenance. The fully finished lower level stands out with three additional bedrooms and two full bathrooms, offering excellent potential for an in-law suite or guest accommodation. Abundant windows bring in plenty of natural light, complemented by modern finishes and Greenpark's renowned quality craftsmanship. Located in beautiful Waterdown, the home is close to trails, amenities, schools and provides easy access toBurlington and Hamilton. Don't miss this rare chance to own a near-new executive home in one of the area's most desirable neighborhoods! RSA.

Key facts

Property type
Detached, 2-Storey
MLS®
X13216368
Bedrooms
7 (4 + 3)
Bathrooms
5 (1 half)
Size
3000-3500
Lot
44.46 × 93.9 ft
Cross streets
DUNDAS ST E TO MALLARD TRL TO HUMPHREY ST
Parking
2 garage · 4 parking (attached)
Driveway
Inside Entry
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,502 / 2025
Days on market
53
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomSecond3.89 × 3.66 m
KitchenMain4.42 × 7.21 m
Primary BedroomSecond5.41 × 4.34 m
BedroomSecond5.16 × 5.21 m
OfficeMain3.91 × 2.92 m
LaundrySecond2.79 × 1.80 m
FoyerMain2.87 × 1.52 m
BedroomBasement3.96 × 3.05 m
KitchenBasement4.37 × 4.27 m
Living RoomMain4.67 × 6.32 m
BathroomBasement0.00 × 0.00 m

4 Pc Bath

Family RoomMain5.82 × 3.76 m
BedroomSecond3.25 × 5.82 m
BedroomBasement3.78 × 3.05 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.40Mest. value

Listed at $1,399,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Waterdown lately, sellers have been getting about 96% of asking and homes sell in about 39 days.

Based on 13 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 13 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.79M, higher than the comparables and worth a second look.

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, sold for $1.43M
  • Bathrooms −$15K
  • Adjusts to $1.41M

That comparable adjusts to $1.41M; the $1.40M estimate above is the median of all 13 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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
$1.25MGreat deal$1.52MOverpriced

Total price vs nearby homes. Fair value about $1.40M, 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterdown · asking prices
$1.51Mavg asking

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

7 Arnhem Court$1.50M220 Great Falls Boulevard$1.60M39 Avanti Crescent$1.50M195 Granite Ridge Trail$1.48M327 Humphrey Street$1.45M

The 5 closest active listings nearby.

See all comparable homes
1.40MThis home1.50M1.60M1.50M1.48M1.45MThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $1.50M
$431this home / sqft
6active listings nearby
53days on market
4sold nearby · 90 days
$1.53Mmedian sold price
96%of asking, on average

This home lists 16% below the area average of $515/sqft.

50 days longer than the Hamilton average (3 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

2/ 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 — groceries and transit are a drive away.

6 parks

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.

Westdale
$1.39M
Hamilton Beach
$1.45M
Rural Flamborough
$1.19M
Dundas
$993K
Homeside
$527K

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
$6,380/mo
$282KIncome needed
5.0×Price ÷ income
$1,472Weekly 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.

86%mortgage
Mortgage $6,380Property tax $1,042Total carry $7,422

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,976per month

Mortgage amount $1,119,920 · 4.14% over 25 years

$279,980Down payment (20.0%)
$1,119,920Loan before insurance
$0CMHC premium
$7,018Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,976
Property tax
$1,042
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,018

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

One-time closing costs

Ontario land transfer tax
$24,473
Estimated closing costs
$24,473

Plus your down payment of $279,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,259/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

$672,973Total interest paid
$1,792,893Total of all payments
Principal $1,119,920 Interest $672,973
YearPrincipalInterestBalance
1$26,236$45,480$1,093,684
2$27,333$44,382$1,066,351
3$28,477$43,239$1,037,874
4$29,668$42,048$1,008,207
5$30,909$40,807$977,298
6$32,202$39,514$945,096
7$33,548$38,167$911,548
8$34,952$36,764$876,596
9$36,414$35,302$840,182
10$37,937$33,779$802,246
11$39,524$32,192$762,722
12$41,177$30,539$721,545
13$42,899$28,816$678,646
14$44,694$27,022$633,952
15$46,563$25,153$587,389
16$48,511$23,205$538,878
17$50,540$21,176$488,338
18$52,654$19,062$435,684
19$54,856$16,859$380,828
20$57,151$14,565$323,677
21$59,542$12,174$264,135
22$62,032$9,684$202,103
23$64,627$7,089$137,476
24$67,330$4,386$70,146
25$70,146$1,569$0

At the end of your 5-year term

Total paid over the term
$358,579
Principal paid down
$142,622
Interest paid
$215,956
Balance remaining
$977,298

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
3.8%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.

5.4%
Gross yield
− Property tax $12,502− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $53,382

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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