5 Shetland Drive, Hamilton, ON
Waterdown, Hamilton · MLS® X13483738
About this home
Welcome to 5 Shetland Dr in the heart of Waterdown, a fully updated home that blends timeless design with high end, executive finishes throughout. Every detail has been thoughtfully curated, offering a true turnkey experience for today's modern buyer. The main level showcases stunning updates completed in 2021, including a custom kitchen with a large island, updated hardwood flooring, a striking new main staircase, and elegant coffered and California knockdown ceilings. Natural light pours in through updated windows, while a custom fiberglass front door with a Euro locking system adds both style and security. Upstairs, all bathrooms have been beautifully renovated, highlighted by a luxurious ensuite featuring in floor heating and a towel warmer, creating a spa like retreat right at home. The fully finished basement, completed in 2022, adds incredible versatility with a kitchenette and bar setup, offering excellent in law potential or the perfect space for entertaining. Step outside to enjoy a professionally finished 20 x 20 stamped concrete patio, ideal for relaxing or hosting summer gatherings. Additional updates include the roof in 2016, garage doors and openers in 2018, and California shutters installed in 2022. Located in one of Waterdown's most desirable neighbourhoods, this home offers refined living with nothing left to do but move in and enjoy.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13483738
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 49.88 × 127.85 ft
- Cross streets
- Holybush & Arnhem
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,603 / 2026
- Days on market
- 26
- Listing brokerage
- EXP REALTY
Rooms
Listed at $1,379,999, this home is about 16% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.26M, 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, listed at $1.20M
- Bathrooms +$15K
- Adjusts to $1.21M
That comparable adjusts to $1.21M; the $1.19M estimate above is the median of all 5 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. Bus stop is about a 9-minute walk away.
Total price vs nearby homes. Fair value about $1.19M, median of 5 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
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 10% above the area average of $556/sqft.
22 days longer than the Hamilton average (4 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: Bus stop, about 740 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 21, 2026); conventional rates run a little higher.
Mortgage amount $1,103,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,891
- Property tax
- $634
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,525
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,075
- Estimated closing costs
- $24,075
Plus your down payment of $276,000. 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
- $353,481
- Principal paid down
- $140,595
- Interest paid
- $212,886
- Balance remaining
- $963,405
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 EXP REALTY. MLS®/PropTx.