286 Spring Creek Drive, Hamilton, ON
Waterdown, Hamilton · MLS® X13569338
About this home
Welcome to this stunning 2,300 sq. ft. family home in the heart of Waterdown! Offering 3 spacious bedrooms, 3 bathrooms, and a versatile second-floor loft that can easily serve as a 4th bedroom, home office, or second living space, this home is designed to grow with your family. Step inside to a bright, open-concept layout featuring rich hardwood flooring, a cozy gas fireplace, and an abundance of natural light. The chef-inspired kitchen boasts stainless steel appliances, a large centre island, and plenty of workspace, flowing seamlessly into the dining area with walkout access to the spacious backyard-perfect for entertaining family and friends. Upstairs, the primary retreat offers a generous walk-in closet and a spa-like ensuite. Two additional bedrooms, a beautifully appointed 4-piece bathroom, convenient second-floor laundry, and the bonus loft complete the upper level. The unspoiled basement provides endless possibilities to create the space you've always envisioned. Complete with a double-car garage and ideally located close to parks, schools, shopping, downtown Waterdown, and everyday amenities, this exceptional home offers the perfect combination of style, comfort, and convenience.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13569338
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500
- Lot
- 36.09 × 88.58 ft
- Cross streets
- Parkside Drive and Spring Creek Drive
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,300 / 2025
- Days on market
- 2
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
4 Pc Ensuite
Fireplace
Eat-in Kitchen
2 Pc Bath
4 Pc Bath
Listed at $1,049,000, this home is about 9% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.04M, a close match.
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 $1.38M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $1.33M
That comparable adjusts to $1.33M; the $1.15M estimate above is the median of all 13 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. DUNDAS at BURKE is about a 14-minute walk away.
Total price vs nearby homes. Fair value about $1.15M, median of 13 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.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 18% below the area average of $571/sqft.
0 days faster than the Hamilton average (2 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
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: DUNDAS at BURKE, about 1.1 km away
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 $839,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,478
- Property tax
- $525
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,003
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,455
- Estimated closing costs
- $17,455
Plus your down payment of $209,800. 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
- $268,697
- Principal paid down
- $106,872
- Interest paid
- $161,825
- Balance remaining
- $732,328
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 RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.