220 Great Falls Boulevard, Hamilton, ON
Waterdown, Hamilton · MLS® X13240878
About this home
Great opportunity to own this 4-bedroom corner-lot home in one of Waterdown's most sought-after executive neighbourhoods, offering the perfect blend of elegance, luxury, and modern comfort for today's family lifestyle. Thoughtful, modern and tasteful finishes and a functional layout, this exceptional home is ideal for both everyday living and entertaining. The bright and inviting interior features separate dining, and family rooms, enhanced by large windows, abundant natural light, hardwood flooring, pot lights, and elegant finishes throughout. The exquisite family room showcases a cozy gas fireplace and oversized windows, creating a warm and welcoming atmosphere. A main-floor library/office provides the perfect work-from-home setup. At the heart of the home is a chef-inspired lavish kitchen featuring quartz countertops, high-end built in appliances, custom cabinetry, stylish backsplash, pantry, and a large centre island - perfect for family gatherings and entertaining guests. Enjoy the elegance of 9-foot ceilings on both the main and second floors, along with upgraded wooden stairs and modern iron pickets.The spacious primary suite offers a luxurious 5-piece ensuite, while the additional bedrooms feature attached washrooms, providing comfort and convenience for the entire family. The 2 bedroom legal basement and an additional recreational room is such a versatile potential for owner use, and entertainment space. Nestled in a highly desirable community known for its top-rated schools, parks, executive homes, and family-friendly atmosphere, this remarkable property is just minutes from Aldershot GO Station, Highway 403, shopping, amenities, and scenic trails including the Bruce Trail and Smokey Hollow Falls. A rare opportunity to own a luxurious home on a premium corner lot surrounded by breathtaking natural scenery. Your new home awaits your arrival.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13240878
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500
- Lot
- 54 × 113 ft
- Cross streets
- Great Falls Blvd & Zimmerman Gdns
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,712 / 2025
- Days on market
- 47
- Listing brokerage
- HOMELIFE/MIRACLE REALTY LTD
Rooms
Listed at $1,599,999, 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 94% of asking and homes sell in about 49 days. Prices are up 6% versus a year ago.
Based on 40 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 40 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.57M, 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, sold for $1.43M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $1.38M
That comparable adjusts to $1.38M; the $1.62M estimate above is the median of all 40 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.
Total price vs nearby homes. Fair value about $1.62M, median of 40 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.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Corner lot: more light and frontage, sometimes at the cost of privacy.
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 0% above the area average of $492/sqft.
44 days longer than the Hamilton average (3 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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 21, 2026); conventional rates run a little higher.
Mortgage amount $1,279,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,831
- Property tax
- $809
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,640
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,475
- Estimated closing costs
- $28,475
Plus your down payment of $320,000. 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
- $409,833
- Principal paid down
- $163,008
- Interest paid
- $246,825
- Balance remaining
- $1,116,991
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.