344 Mountain Brow Road, Hamilton, ON

Waterdown, Hamilton · MLS® X13496704

$2,499,000
For Sale
Listed 22 days ago
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3Bedrooms
4Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

Welcome to 344 Mountain Brow Road, an extraordinary Arts & Crafts-inspired custom bungaloft set on a spectacular 0.75-acre ravine lot in one of Waterdown's most coveted escarpment locations. Designed by Darren Sanger-Smith of Structured Creations, this exceptional residence blends timeless craftsmanship, luxury finishes, & breathtaking natural surroundings. Thoughtfully designed for main-floor living w/ versatile upper-level accommodations, the heart of the home is a chef-inspired kitchen featuring a large centre island, premium S/S appliances, custom cabinetry, designer hardware, & pot lighting, seamlessly connected to the impressive great room. Soaring 27ft vaulted ceilings, exposed timber frame trusses, & a dramatic floor-to-ceiling stone fireplace create a truly unforgettable living space. The elegant dining room flows into the formal living room, ideal for everyday living & entertaining. A thoughtfully designed main-floor laundry/mud room adds convenience, while a custom wine cellar provides the perfect space to showcase your collection. Main level features a luxurious primary retreat w/ walk-in closet, private ensuite, & beautiful views of the backyard deck & ravine. 2nd main-floor bedroom also offers its own ensuite & picturesque backyard views. Upper loft provides exceptional flexibility w/ a bedroom, full bathroom, sitting room, & a dedicated den/home office. Enjoy year-round ravine views from the inviting 3-season room w/ a wood-burning fireplace. Outdoor living is equally impressive w/ a newly rebuilt wraparound composite deck & hot tub, creating the perfect space to relax or entertain while immersed in nature. Ideally situated alongside the renowned Bruce Trail system, this rare offering combines the tranquility of escarpment living w/ the convenience of being minutes to downtown Burlington, everyday amenities, & less than 5 minutes to Aldershot GO Station. A truly exceptional home where luxury, architecture, & nature come together in perfect harmony.

Key facts

Property type
Detached, Bungaloft
MLS®
X13496704
Bedrooms
3
Bathrooms
4 (1 half)
Size
3000-3500
Lot
256.25 × 127.49 ft
Cross streets
Mountain Brow Road
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
None
Heating
Radiant
A/C
Central Air
Exterior
Stone, Wood
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$13,122 / 2026
Days on market
22
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

KitchenMain4.70 × 4.65 m
SunroomMain0.00 × 0.00 m

Fireplace

Dining RoomMain6.05 × 3.51 m
Great RoomMain6.76 × 6.05 m

Fireplace

OtherMain3.35 × 1.32 m
BathroomMain0.00 × 0.00 m

5 Pc Ensuite

BathroomMain0.00 × 0.00 m

2 Pc Bath

Bedroom 3Second4.62 × 3.05 m
BathroomMain0.00 × 0.00 m

4 Pc Ensuite

Living RoomMain5.26 × 4.22 m
LaundryMain3.78 × 3.40 m
BathroomSecond0.00 × 0.00 m

4 Pc Bath

Bedroom 2Main3.38 × 4.04 m
Primary BedroomMain6.50 × 4.14 m

Walk-In Closet(s)

DenSecond3.45 × 3.05 m
LoftSecond5.30 × 3.05 m
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.97Mest. value

Listed at $2,499,000, this home is tracking about 27% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 36 similar homes nearby, adjusted for size, beds, and baths.Median of 36 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.17M, a bit higher.

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 $1.58M
  • Size difference +$303K
  • Adjusts to $1.88M

That comparable adjusts to $1.88M; the $1.97M estimate above is the median of all 36 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.

List price
$1.70MGreat deal$2.50MOverpriced

Total price vs nearby homes. Fair value about $1.97M, median of 36 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterdown · asking prices
$1.62Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

156 Nisbet Boulevard$1.58M81 Flanders Drive$2.40M60 Avanti Crescent$1.68M145 Stillwater Crescent$1.22M99 McKnight Avenue$1.20M

The 5 closest of 7 active listings nearby.

See all comparable homes
2.50MThis home1.58M2.40M1.68M1.22M1.20MThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $1.15M
$769this home / sqft
39active listings nearby
22days on market

This home lists 13% above the area average of $679/sqft.

19 days longer than the Hamilton average (3 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

0/ 100

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dundas
$1.05M
Westdale
$1.39M
Rural Flamborough
$1.15M
Gibson
$670K
Homeside
$593K

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
$11,390/mo
$472KIncome needed
5.3×Price ÷ income
$2,628Weekly 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.

91%mortgage
Mortgage $11,390Property tax $1,093Total carry $12,483

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,668per month

Mortgage amount $1,999,200 · 4.14% over 25 years

$499,800Down payment (20.0%)
$1,999,200Loan before insurance
$0CMHC premium
$11,762Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,668
Property tax
$1,094
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,762

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

One-time closing costs

Ontario land transfer tax
$48,950
Estimated closing costs
$48,950

Plus your down payment of $499,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,958/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

$1,201,342Total interest paid
$3,200,542Total of all payments
Principal $1,999,200 Interest $1,201,342
YearPrincipalInterestBalance
1$46,834$81,187$1,952,366
2$48,793$79,228$1,903,572
3$50,834$77,187$1,852,738
4$52,961$75,061$1,799,777
5$55,176$72,846$1,744,601
6$57,484$70,538$1,687,118
7$59,888$68,133$1,627,229
8$62,393$65,628$1,564,836
9$65,003$63,019$1,499,833
10$67,722$60,300$1,432,111
11$70,555$57,467$1,361,556
12$73,506$54,516$1,288,050
13$76,581$51,441$1,211,469
14$79,784$48,238$1,131,685
15$83,121$44,900$1,048,564
16$86,598$41,424$961,966
17$90,220$37,801$871,746
18$93,994$34,028$777,752
19$97,926$30,096$679,826
20$102,022$26,000$577,804
21$106,289$21,732$471,515
22$110,735$17,287$360,780
23$115,367$12,655$245,413
24$120,193$7,829$125,220
25$125,220$2,802$0

At the end of your 5-year term

Total paid over the term
$640,108
Principal paid down
$254,599
Interest paid
$385,510
Balance remaining
$1,744,601

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$6,300/mo
$75,600Gross annual rent
2.1%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.

3.0%
Gross yield
− Property tax $13,122− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $52,762

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

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