57 Main Street, Hamilton, ON

Waterdown, Hamilton · MLS® X13532616

$899,900
For Sale
Listed 10 days ago
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2Bedrooms
1Bathrooms
3Parking
1100-1500Sq Ft

About this home

Welcome to 57 Main Street! A charming bungalow set on an impressive 67' x 164' lot in the heart of Waterdown. Thoughtfully updated while preserving its original character, this inviting 2-bedroom home seamlessly blends modern updates with timeless charm. Inside you'll find soaring ceilings, original hardwood floors, and beautiful architectural details. The updated kitchen features quartz countertops, stainless steel appliances, and plenty of workspace. The spacious bathroom includes the convenience of in-suite laundry. Outside you will step into your own private backyard retreat complete with a newly renovated deck that overlooks a saltwater pool and an expansive tree-lined yard offering exceptional privacy and space to relax or entertain. The location is second to none. Nestled in Waterdown's sought-after downtown core, you're just steps from local boutiques, restaurants, cafés, parks, and year-round community events including the beloved Santa Claus Parade. This is a rare opportunity to own a beautifully updated home on an oversized lot in one of Waterdown's most desirable neighborhoods.

Key facts

Property type
Detached, Bungalow
MLS®
X13532616
Bedrooms
2
Bathrooms
1
Size
1100-1500
Lot
66 × 164.44 ft
Cross streets
Main St N and Dundas St E
Parking
3 parking
Driveway
Private
Basement
Partial Basement
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Above Ground, Salt
Property tax
$5,843 / 2026
Days on market
10
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

DenMain3.81 × 2.67 m
BathroomMain1.93 × 4.11 m
KitchenMain3.81 × 4.17 m
Living RoomMain4.06 × 3.02 m
Dining RoomMain4.06 × 4.11 m
BedroomMain3.96 × 3.99 m
Bedroom 2Main3.35 × 2.90 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, this is a very walkable address with everyday errands close by. DUNDAS at MAIN is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterdown · asking prices
$1.71Mavg asking

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

623 Robson Road$1.78M101 Victoria Street$1.15M8 Renwood Place$2.20M

The 3 closest active listings nearby.

See all comparable homes
900kThis home1.78M1.15M2.20MThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $1.10M
$692this home / sqft
16active listings nearby
10days on market

This home lists 11% below the area average of $779/sqft.

8 days longer than the Hamilton average (2 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

82/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: DUNDAS at MAIN, about 194 m away

20+ transit stops3 grocery20+ dining13 parks9 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
$1.05M
Rural Flamborough
$1.15M
Westdale
$1.39M
Gibson
$670K
Delta
$729K

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
$4,101/mo
$176KIncome needed
5.1×Price ÷ income
$946Weekly 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.

89%mortgage
Mortgage $4,101Property tax $487Total carry $4,588

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)
$3,842per month

Mortgage amount $719,920 · 4.14% over 25 years

$179,980Down payment (20.0%)
$719,920Loan before insurance
$0CMHC premium
$4,329Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,842
Property tax
$487
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,329

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

One-time closing costs

Ontario land transfer tax
$14,473
Estimated closing costs
$14,473

Plus your down payment of $179,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,666/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

$432,608Total interest paid
$1,152,528Total of all payments
Principal $719,920 Interest $432,608
YearPrincipalInterestBalance
1$16,865$29,236$703,055
2$17,571$28,530$685,484
3$18,306$27,795$667,178
4$19,071$27,030$648,107
5$19,869$26,232$628,238
6$20,700$25,401$607,538
7$21,566$24,535$585,972
8$22,468$23,633$563,504
9$23,408$22,693$540,096
10$24,387$21,714$515,709
11$25,407$20,694$490,302
12$26,470$19,631$463,832
13$27,577$18,524$436,255
14$28,731$17,371$407,524
15$29,932$16,169$377,592
16$31,184$14,917$346,408
17$32,489$13,612$313,919
18$33,848$12,253$280,071
19$35,263$10,838$244,808
20$36,738$9,363$208,070
21$38,275$7,826$169,794
22$39,876$6,225$129,918
23$41,544$4,557$88,374
24$43,282$2,819$45,092
25$45,092$1,009$0

At the end of your 5-year term

Total paid over the term
$230,506
Principal paid down
$91,682
Interest paid
$138,824
Balance remaining
$628,238

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$2,300/mo
$27,600Gross annual rent
1.9%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.

3.1%
Gross yield
− Property tax $5,843− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,321

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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