31-23 Watsons Lane, Hamilton, ON
Dundas, Hamilton · MLS® X13227602
About this home
Exceptional value in the Valley! Tucked against the escarpment and just minutes from the vibrant core of Dundas, this spacious updated 1,700sq. ft. townhome offers the perfect balance of natural beauty and everyday convenience. Surrounded by scenic views, you'll love being so close to local shops, dining, and amenities. Bright and airy throughout, the home features large windows that flood the space with natural light, along with soaring ceilings in the open-concept living and dining area that create a stylish, loft-like feel. The interior showcases neutral finishes for a clean, modern look, complemented by a newly renovated bathroom and refreshed kitchen. Main level laundry and inside access to the garage add to the home's practical appeal. The fully finished lower level provides excellent additional living space, complete with a walk-out to the backyard with picture views of the escarpment and a convenient powder room. Enjoy exclusive access to a private in-ground pool within the complex for the warm summer days, while the surrounding landscape transforms beautifully in the fall. Set in a family-friendly neighbourhood close to schools, parks, and offering easy access to highways, transit, and major routes. Minutes to McMaster University, Cootes Paradise, and Dundas Driving Park. A fantastic opportunity to own a move-in ready home in a highly sought-after Dundas location.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- X13227602
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1400-1599
- Cross streets
- WATSONS LANE AND FOREST VIEW DRIVE
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Maintenance
- $728/mo
- Exposure
- West
- Property tax
- $2,985 / 2025
- Days on market
- 45
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
2 Pc Bath
4 Pc Bath
Listed at $488,000, this home is about 20% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Dundas, so I widened the search to the surrounding area.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $425K, lower 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, listed at $500K
- Adjusts to $500K
That comparable adjusts to $500K; the $610K estimate above is the median of all 8 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.
Total price vs nearby homes. Fair value about $610K, median of 8 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Weigh carefully
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 20% below the area average of $404/sqft.
23 days longer than the Hamilton average (22 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Dundas, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
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 $390,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,083
- Property tax
- $249
- Condo / maintenance fees
- $728
- Heating
- $0
- Estimated monthly cost
- $3,060
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,235
- Estimated closing costs
- $6,235
Plus your down payment of $97,600. 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
- $124,999
- Principal paid down
- $49,718
- Interest paid
- $75,282
- Balance remaining
- $340,682
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 ESCARPMENT REALTY INC.. MLS®/PropTx.