1 Fenton Drive, Hamilton, ON

Waterdown, Hamilton · MLS® X14086302

$1,019,999
For Sale
Just listed todayNo offer date stated
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3Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this bright and spacious two-storey detached home nestled in a mature West Waterdown neighbourhood.
  • The main floor offers a generous, functional layout with hardwood flooring, and an updated kitchen featuring quartz countertops and nice cabinetry complete with under...
  • The upper level offers three great-sized bedrooms, including a spacious primary bedroom with its own separate updated 3 piece ensuite bathroom, and walk-in closet.
  • The spacious lower level provides a comfortable recreation room with hardwood flooring and pot lights throughout, along with an additional bonus room space ideal for...
  • Ideally located close to schools, parks, shopping, restaurants and all the amenities Waterdown has to offer.

Welcome to this bright and spacious two-storey detached home nestled in a mature West Waterdown neighbourhood. The main floor offers a generous, functional layout with hardwood flooring, and an updated kitchen featuring quartz countertops and nice cabinetry complete with under cabinet lighting. The walkout to the backyard adds to the convenience of this home, while leading to the newer raised deck-perfect for outdoor entertaining and enjoying. The upper level offers three great-sized bedrooms, including a spacious primary bedroom with its own separate updated 3 piece ensuite bathroom, and walk-in closet. The additional 4-piece bath outside the other main bedrooms completes the functionality of the upper level. The spacious lower level provides a comfortable recreation room with hardwood flooring and pot lights throughout, along with an additional bonus room space ideal for a home office, playroom or gym. The double garage adds plenty of parking and storage convenience. Ideally located close to schools, parks, shopping, restaurants and all the amenities Waterdown has to offer. A wonderful opportunity for those looking for a spacious home in an established neighbourhood.

Key facts

Property type
Detached, 2-Storey
MLS®
X14086302
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
47.57 × 94.81 ft
Cross streets
Braeheid & Parkside
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,635 / 2026
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

Family RoomMain5.53 × 3.52 m
Primary BedroomSecond4.45 × 3.40 m
Dining RoomMain3.51 × 2.53 m
Bedroom 2Second3.33 × 3.05 m
Living RoomMain6.75 × 3.30 m
RecreationBasement6.39 × 5.36 m
BathroomBasement2.04 × 1.95 m

3 Pc Bath

Bedroom 3Second3.32 × 2.90 m
OtherBasement5.35 × 3.63 m
BathroomMain1.90 × 1.00 m

2 Pc Bath

BathroomSecond2.22 × 1.52 m

3 Pc Ensuite

KitchenMain3.42 × 3.61 m

Eat-in Kitchen

LaundryBasement3.91 × 3.00 m
BathroomSecond2.17 × 1.53 m

4 Pc Bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$985Klikely sale price

Listed at $1,019,999. Going by how homes in Waterdown and the wider GTA have actually closed against their asking prices (about 97%, 32 local closings in 90 days), the likely sale price is near $985K, if it sells. A realistic range is $923K to $1.11M.

Independent value check: $1.08M. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $1.01M and $1.13M).

List price
$923KBelow recent closings$1.11MAbove recent closings

Total price vs nearby homes. Likely closing about $985K, from 32 recent closings in this pocket.

The market behind the math:

32sold nearby · 90 days
$1.01Mmedian sold price
95%of asking, on average
−16%prices vs a year ago
~22 dayshomes like this take to sell
$3,249/moest. rent · 17 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 10 detached homes for sale in the area against 32 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $583/sqft against an area asking average of $561/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 32 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.06M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 32 comparable homes that sold in Waterdown over the past two years, from 311 closings there.

What sellers nearby are askingCurrently listed nearby in Waterdown · asking prices
$1.11Mavg asking

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

Per square foot, these ask about $637/sqft; this home lists at $583/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.02MThis home1000k1.17M1.18MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Waterdown: $1.03M in September 2026, up 1% from a year ago, on 163 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.12M12
November 2025$1.10M13
December 2025$1.03M9
January 2026$1.29M12
February 2026$1.13M7
March 2026$1.17M11
April 2026$1.20M17
May 2026$1.12M18
June 2026$1.25M19
July 2026$1.10M22
August 2026$1.17M14
September 2026$1.03M9

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.

Nearby neighbourhoods

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

Westdale
$929K
Dundas
$1.38M
Crown Point
$469K
Rural Flamborough
$1.35M
Delta
$660K

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
$4,649/mo
$199KIncome needed
5.1×Price ÷ income
$1,073Weekly cost
$16,875Land transfer tax, one-time (Ontario)
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 $4,649Property tax $553Total carry $5,202

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,512per month

Mortgage amount $815,999 · 4.49% over 25 years

$204,000Down payment (20.0%)
$815,999Loan before insurance
$0CMHC premium
$5,065Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,512
Property tax
$553
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,065

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

One-time closing costs

Ontario land transfer tax
$16,875
Estimated closing costs
$16,875

Plus your down payment of $204,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,461/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

$537,541Total interest paid
$1,353,540Total of all payments
Principal $815,999 Interest $537,541
YearPrincipalInterestBalance
1$18,210$35,932$797,790
2$19,036$35,105$778,753
3$19,901$34,241$758,852
4$20,804$33,337$738,048
5$21,749$32,393$716,299
6$22,736$31,405$693,563
7$23,769$30,373$669,794
8$24,848$29,294$644,946
9$25,976$28,165$618,970
10$27,156$26,986$591,814
11$28,389$25,753$563,426
12$29,677$24,464$533,748
13$31,025$23,117$502,723
14$32,434$21,708$470,290
15$33,906$20,235$436,384
16$35,446$18,696$400,938
17$37,055$17,087$363,883
18$38,738$15,404$325,145
19$40,496$13,645$284,649
20$42,335$11,807$242,314
21$44,257$9,884$198,057
22$46,267$7,875$151,790
23$48,367$5,774$103,423
24$50,563$3,578$52,859
25$52,859$1,282$0

At the end of your 5-year term

Total paid over the term
$270,708
Principal paid down
$99,700
Interest paid
$171,008
Balance remaining
$716,299

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
From 17 whole-home leases in Waterdown$3,249/mo
$38,988Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,965 to $3,411Typical rent range
~24 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 17 whole-home leases in Waterdown signed at a median of $3,314 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,249. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.8%
Gross yield
− Property tax $6,635− Insurance $1,400− Vacancy & upkeep $4,289Net operating income $26,665

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS EDGE REALTY. MLS®/PropTx.

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