2-261 Skinner Road, Hamilton, ON

Waterdown, Hamilton · MLS® X13234808

$399,999
For Sale
Listed 44 days ago
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1Bedrooms
1Bathrooms
1Garage · 2 parking
700-799Sq Ft

About this home

Located in trendy Waterdown, this beautiful end-unit townhome features 9-ft ceilings, California shutters, and vintage-style light fixtures on the main floor. The kitchen and bathroom offer quartz countertops, an extended island, under-cabinet lighting, and upgraded cabinetry. Includes an oversized garage for parking and storage, plus a private driveway with two parking spaces in total.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
X13234808
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
Mallard Trail
Parking
1 garage · 2 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Maintenance
$483/mo
Exposure
South East
Property tax
$3,071 / 2025
Days on market
44
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

BedroomLower0.00 × 0.00 m
KitchenMain0.00 × 0.00 m
Family RoomMain0.00 × 0.00 m
LaundryLower0.00 × 0.00 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

Live market pulseActive comparables in Waterdown · median list $729K
$534this home / sqft
18active listings nearby
44days on market

This home lists 10% above the area average of $486/sqft.

22 days longer than the Hamilton average (22 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

46/ 100

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

1 transit stops4 dining9 parks1 pharmacies

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.

Dundas
$473K
Parkview
$540K
McQuesten
$530K
Meadowlands
$710K
Red Hill
$450K

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
$1,823/mo
$91KIncome needed
4.4×Price ÷ income
$421Weekly 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.

71%mortgage
Mortgage $1,823Property tax $256Condo fee $483Total carry $2,562

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,708per month

Mortgage amount $319,999 · 4.14% over 25 years

$80,000Down payment (20.0%)
$319,999Loan before insurance
$0CMHC premium
$2,447Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,708
Property tax
$256
Condo / maintenance fees
$483
Heating
$0
Estimated monthly cost
$2,447

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

One-time closing costs

Ontario land transfer tax
$4,475
Estimated closing costs
$4,475

Plus your down payment of $80,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,074/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

$192,291Total interest paid
$512,290Total of all payments
Principal $319,999 Interest $192,291
YearPrincipalInterestBalance
1$7,496$12,995$312,503
2$7,810$12,682$304,693
3$8,137$12,355$296,556
4$8,477$12,015$288,079
5$8,832$11,660$279,247
6$9,201$11,291$270,046
7$9,586$10,906$260,460
8$9,987$10,505$250,473
9$10,405$10,087$240,069
10$10,840$9,652$229,229
11$11,293$9,198$217,936
12$11,766$8,726$206,170
13$12,258$8,234$193,912
14$12,771$7,721$181,142
15$13,305$7,187$167,837
16$13,861$6,630$153,976
17$14,441$6,051$139,535
18$15,045$5,447$124,490
19$15,674$4,817$108,815
20$16,330$4,162$92,485
21$17,013$3,479$75,472
22$17,725$2,767$57,748
23$18,466$2,026$39,282
24$19,238$1,253$20,043
25$20,043$448$0

At the end of your 5-year term

Total paid over the term
$102,458
Principal paid down
$40,752
Interest paid
$61,706
Balance remaining
$279,247

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$2,400/mo
$28,800Gross annual rent
4.0%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.

7.2%
Gross yield
− Property tax $3,071− Condo fees $5,791− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,170

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.

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