81 Flanders Drive, Hamilton, ON

Waterdown, Hamilton · MLS® X13545804

$2,399,000
For Sale
Listed 8 days ago
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4Bedrooms
4Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Inspired by timeless European architecture, this distinguished residence pairs classic character with beautifully reimagined interiors, creating a home that feels both refined and effortlessly livable. Set on one of Waterdown's most coveted tree-lined streets, surrounded by mature homes and an established sense of community, it offers more than 4,800 square feet of finished living space designed for every chapter of family life.Step inside and your eye is immediately drawn to the elegant central staircase-an architectural focal point that anchors the home while effortlessly connecting the open-concept main floor. From the kitchen to the dining area and into the inviting living room, each space flows naturally into the next, creating the perfect setting for everything from quiet weekday mornings to lively holiday celebrations. A versatile main-floor office offers the flexibility to work from home, create a children's playroom, or design a cozy lounge tailored to your lifestyle.Open the doors from the sunroom and discover a backyard designed for entertaining on every scale. The saltwater pool becomes the centerpiece of summer, while the pergola creates an inviting space to dine, unwind, or gather with friends long after sunset. Framed by mature landscaping and exceptional privacy, it's a backyard that feels like a private retreat without ever leaving home.The second level is equally impressive, offering four spacious bedrooms, the convenience of bedroom-level laundry, and a thoughtfully designed primary retreat complete with its own walk-in dressing room and a beautifully appointed five-piece ensuite, creating a peaceful escape at the end of each day.Completing the home is a fully finished lower level, providing exceptional flexibility for family movie nights, a home gym, games room, or additional living space as your needs evolve. Luxury Certified.

Key facts

Property type
Detached, 2-Storey
MLS®
X13545804
Bedrooms
4
Bathrooms
4 (1 half)
Size
3500-5000
Lot
65.58 × 119.89 ft
Cross streets
Mountain Brow Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground, Salt
Property tax
$18,628 / 2025
Days on market
8
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

SunroomMain3.12 × 4.29 m
Mud RoomMain2.06 × 2.36 m
BathroomMain0.00 × 0.00 m

2 Pc Bath

BathroomSecond0.00 × 0.00 m

4 Pc Bath

Bedroom 2Second6.76 × 3.76 m
Game RoomBasement5.23 × 3.81 m
BedroomSecond4.14 × 3.89 m
Primary BedroomSecond6.02 × 6.02 m
RecreationBasement4.72 × 9.88 m
LaundrySecond0.00 × 0.00 m
SittingMain5.11 × 3.81 m
FoyerMain2.77 × 3.99 m
OfficeMain3.78 × 3.12 m
Living RoomMain4.40 × 6.60 m
BathroomSecond0.00 × 0.00 m

5 Pc Ensuite

SittingSecond3.45 × 2.92 m
Bedroom 2Second5.00 × 3.68 m
KitchenMain3.35 × 4.00 m
Exercise RoomBasement6.83 × 3.63 m
Dining RoomMain5.11 × 3.76 m
BathroomBasement0.00 × 0.00 m

3 Pc Bath

Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.28Mest. value

Listed at $2,399,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with 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 27 similar homes nearby, adjusted for size, beds, and baths.Median of 27 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.08M, higher than the comparables and worth a second look.

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 $1.68M
  • Adjusts to $1.68M

That comparable adjusts to $1.68M; the $2.28M estimate above is the median of all 27 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. MILL at DUNDAS is about a 6-minute walk away.

List price
$2.14MGreat deal$2.48MOverpriced

Total price vs nearby homes. Fair value about $2.28M, median of 27 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterdown · asking prices
$1.89Mavg asking

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

60 Avanti Crescent$1.68M9 Flanders Drive$2.30M77 Pond View Gate$1.70M

The 3 closest active listings nearby.

See all comparable homes
2.40MThis home1.68M2.30M1.70MThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $1.25M
$564this home / sqft
28active listings nearby
8days on market

This home lists 3% above the area average of $546/sqft.

6 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

64/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: MILL at DUNDAS, about 501 m away

14 transit stops3 grocery20+ dining10 parks8 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
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
$10,934/mo
$472KIncome needed
5.1×Price ÷ income
$2,523Weekly 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.

88%mortgage
Mortgage $10,934Property tax $1,552Total carry $12,486

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,242per month

Mortgage amount $1,919,200 · 4.14% over 25 years

$479,800Down payment (20.0%)
$1,919,200Loan before insurance
$0CMHC premium
$11,794Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,242
Property tax
$1,552
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,794

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

One-time closing costs

Ontario land transfer tax
$46,450
Estimated closing costs
$46,450

Plus your down payment of $479,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,439/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

$1,153,269Total interest paid
$3,072,469Total of all payments
Principal $1,919,200 Interest $1,153,269
YearPrincipalInterestBalance
1$44,960$77,939$1,874,240
2$46,841$76,058$1,827,399
3$48,800$74,099$1,778,599
4$50,841$72,057$1,727,757
5$52,968$69,931$1,674,789
6$55,184$67,715$1,619,606
7$57,492$65,407$1,562,114
8$59,897$63,002$1,502,217
9$62,402$60,497$1,439,815
10$65,012$57,887$1,374,803
11$67,732$55,167$1,307,072
12$70,565$52,334$1,236,507
13$73,516$49,383$1,162,991
14$76,591$46,307$1,086,400
15$79,795$43,104$1,006,605
16$83,133$39,766$923,472
17$86,610$36,289$836,862
18$90,233$32,666$746,629
19$94,007$28,892$652,622
20$97,939$24,959$554,683
21$102,036$20,863$452,647
22$106,304$16,595$346,343
23$110,750$12,148$235,592
24$115,383$7,516$120,209
25$120,209$2,689$0

At the end of your 5-year term

Total paid over the term
$614,494
Principal paid down
$244,411
Interest paid
$370,083
Balance remaining
$1,674,789

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$7,350/mo
$88,200Gross annual rent
2.4%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.

3.7%
Gross yield
− Property tax $18,628− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $58,470

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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