214-5 Hamilton Street, Hamilton, ON
Waterdown, Hamilton · MLS® X13565504
About this home
Welcome to Unit 214 at 5 Hamilton Street North, where contemporary style meets small-town charm in the heart of vibrant Waterdown. This beautifully appointed 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, functionality, and modern design. Step inside to a bright, open-concept layout featuring floor-to-ceiling windows that flood the space with natural light, creating an airy and inviting atmosphere throughout. The carpet-free interior provides a clean, modern aesthetic and low-maintenance living, while the thoughtfully designed floor plan is ideal for both everyday living and entertaining. From the spacious kitchen you can easily see the living and dining areas, conveniently staying connected while preparing meals or hosting family and friends. The primary bedroom offers a private retreat complete with its own ensuite bathroom, while the second bedroom is perfect for guests, a home office, or growing families. A second full bathroom adds convenience and flexibility for visitors. Enjoy your morning coffee or unwind at the end of the day on your private balcony, surrounded by the charm of one of Waterdown's newest boutique condominium communities. This six-story building offers modern construction and an unbeatable location just steps from downtown shops, restaurants, cafés, parks, and everyday amenities, with quick access to major highways, Aldershot GO Station, Burlington, Hamilton, and the Niagara Escarpment. Whether you're a first-time buyer, downsizer, or investor, this exceptional home offers stylish, low-maintenance living in one of Waterdown's most desirable locations. Move in, unpack, and enjoy everything this thriving community has to offer. Unit 214 is the perfect place to call home.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- X13565504
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Dundas Street E and Hamilton Street N
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Veneer
- Maintenance
- $476/mo
- Exposure
- North East
- Property tax
- $4,193 / 2026
- Days on market
- 2
- Listing brokerage
- REVEL REALTY INC.
Rooms
4 pc bath · tile floor
Window Floor to Ceiling
w/o to balcony · sliding doors · pot lights
3 pc ensuite · tile floor
walk-in closet(s) · window floor to ceiling
b/i dishwasher · tile floor
Listed at $579,900, this home is about 23% below comparable homes, worth a close look. 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 $643K, 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 $500K
- Adjusts to $500K
That comparable adjusts to $500K; the $757K 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, 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 $757K, 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.
- Open-concept layout: modern, sought-after flow.
- 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 19% below the area average of $653/sqft.
13 days faster than the Hamilton average (15 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
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 $463,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,476
- Property tax
- $349
- Condo / maintenance fees
- $476
- Heating
- $0
- Estimated monthly cost
- $3,301
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,073
- Estimated closing costs
- $8,073
Plus your down payment of $115,980. 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
- $148,539
- Principal paid down
- $59,080
- Interest paid
- $89,459
- Balance remaining
- $404,840
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 REVEL REALTY INC.. MLS®/PropTx.