20-23 Watson's Lane, Hamilton, ON
Dundas, Hamilton · MLS® X13495264
About this home
Welcome to 23 Watson Lane, Unit 20, nestled in the highly sought-after community of Dundas. This beautifully maintained 3-bedroom, 1.5-bathroom townhome offers a perfect blend of comfort, style, and convenience, making it an ideal choice for first-time buyers, downsizers, and families alike. Step inside to discover a bright and inviting main floor featuring rich hardwood flooring throughout the living and dining areas. Large windows flood the home with natural light, creating a warm and welcoming atmosphere. The updated kitchen is designed with both functionality and style in mind, showcasing modern finishes, stainless steel appliances, ample cabinetry, and generous workspace for everyday living and entertaining. Upstairs, you'll find three spacious, carpet-free bedrooms and an updated full bathroom, providing comfortable accommodations for the entire family. The updated main-floor powder room adds additional convenience for guests. The finished lower level offers valuable additional living space, perfect for a family room, home office, gym, or recreation area. A walk-up provides direct access to the private terrace, creating an ideal space to enjoy your morning coffee, unwind after a long day, or entertain outdoors. Additional highlights include central air conditioning (2021), tasteful updates throughout, and a functional layout designed for modern living. Located in one of Dundas' most desirable neighbourhoods, you'll enjoy easy access to excellent schools, parks, conservation areas, scenic trails, shopping, dining, public transit, university, and hospital, and major commuter routes. Known for its charming downtown, vibrant community, and natural beauty, Dundas offers a lifestyle that is second to none. Move-in ready and full of value
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- X13495264
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1200-1399
- Cross streets
- Forestview Dr
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Maintenance
- $728/mo
- Exposure
- West
- Property tax
- $2,971 / 2025
- Days on market
- 21
- Listing brokerage
- KELLER WILLIAMS EDGE REALTY
Rooms
5 Pc Bath
2 Pc Bath
Listed at $469,900, this home is about 10% 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 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $444K, a bit lower.
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 $550K
- Bathrooms −$15K
- Adjusts to $535K
That comparable adjusts to $535K; the $525K estimate above is the median of all 7 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 $525K, median of 7 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- 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 9% below the area average of $399/sqft.
1 days faster 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 $375,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,006
- Property tax
- $248
- Condo / maintenance fees
- $728
- Heating
- $0
- Estimated monthly cost
- $2,982
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,873
- Estimated closing costs
- $5,873
Plus your down payment of $93,980. 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
- $120,363
- Principal paid down
- $47,874
- Interest paid
- $72,489
- Balance remaining
- $328,046
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 KELLER WILLIAMS EDGE REALTY. MLS®/PropTx.