31 Grindstone Way
Waterdown, Hamilton, Ontario L9H 7B7
- Bedrooms
- 4+1
- Bathrooms
- 4
- Size
- 1,500–2,000sq ft
- Per sq ft
- $586at the range’s middle
- Lot
- 35.01 x 105.38 ft
- Tax a year
- $6,4632026 tax year
- Parking
- 62 attached
- Days on market
- Members
The brief
About 31 Grindstone Way
31 Grindstone Way is a 4+1-bedroom, 4-bathroom detached house in Waterdown, Hamilton, listed for sale at an asking price of $1,024,900 (MLS® X13740864).
Welcome to 31 Grindstone Way, ideally located in the sought-after southwest Waterdown neighbourhood. Offering approximately 1,849 sq. ft. above grade plus a finished lower level, this spacious home provides plenty of room for growing and multigenerational families with 5bedrooms and 3.5 bathrooms. The main floor features generous living and dining spaces, afunctional kitchen featuring vintage pocket doors, granite counters, stainless steel appliances, and a walk-out to the backyard with sliding door access, and a convenient powder room. Upstairs, you'll find four bedrooms, including a spacious primary retreat with a private4-piece ensuite, plus an additional 4-piece family bathroom. The finished basement adds exceptional versatility with a fifth bedroom, a good-sized family room, laundry and storage areas, plus a newly added 3-piece bathroom-ideal for teenagers, guests, extended family, or a home office setup. Step outside to a fully fenced backyard designed for relaxing and entertaining. The new deck (2023) off the kitchen provides an inviting spot to step outside with your morning coffee or enjoy summer evenings, while the patio stone seating area creates a second outdoor living space with plenty of room for dining, lounging and gathering with friend sand family. Located close to shopping, retail, parks, schools and the Bruce Trail, with easy access to Highway 6 and Highway 403, this is a commuter's dream in one of Waterdown's most desirable areas. A fantastic opportunity offering space, flexibility and a location that makes everyday living easy.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall34/100−$1,365/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 21 detached homes with 5 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,463 / 2026
- MLS® number
- X13740864
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 35.01 x 105.38 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Waterdown
- Municipality
- Hamilton
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 2 × 4pc 2nd, 1 × 3pc Bsmt
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Available
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 35.01 ft
- Depth
- 105.38 ft
- Lot Size
- 35.01 x 105.38 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Dishwasher, Microwave, Washer, Dryer, Ring Doorbell, Garage door opener + 2remotes, All window coverings, all ELF's
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.82 × 3.89 m | — | Main |
| Dining | 10.37 × 5.35 m | — | Main |
| Kitchen | 3.52 × 3.02 m | — | Main |
| Br | 3.96 × 4.73 m | — | 2nd |
| 2nd Br | 3.15 × 3.68 m | — | 2nd |
| 3rd Br | 3.59 × 3.7 m | — | 2nd |
| 4th Br | 2.53 × 3.5 m | — | 2nd |
| 5th Br | 2.96 × 3.48 m | — | Bsmt |
| Rec | 4.16 × 4.53 m | — | Bsmt |
| Laundry | 2.8 × 4.1 m | — | Bsmt |
Listing history
Buy/sell history for 31 Grindstone Way, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,024,900 | N/A | Sce | X13740864 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $204,980
- Total mortgage amount
- $819,920
- Total interest payment
- $582,880
- Total purchase cost
- $1,607,780
- Mortgage payment
- $4,676/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
43%Monthly carrying cost
$5,215- Rent $3,850
- Shortfall $1,365
Rental income opens at $3,850, the median asking rent of 21 comparable homes for lease in Hamilton. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $16,973
- Total land transfer tax
- $16,973
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $12,973
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,024,900
- $12,498
- Ontario total
- $16,973
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 3,689 sq ft343 m²
- Street frontage
- 35.01 ft10.7 m
- Depth
- 105.38 ft32.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 13 water-supply wells recorded within 250 mAll were drilled for domestic use; 1 test or monitoring hole also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 17.1 m.250 m
- Groundwater recorded about 6.1 m below ground nearbyThe middle water level in the well records within 500 m (85 records). It changes with the season and from spot to spot.500 m
- Bedrock about 7.8 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity1
- Inside the Greenbelt (Niagara Escarpment Plan) and the Niagara Escarpment plan area (Urban Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
Province of Ontario open data
Around the home3
- Nearest rail line: 780 m780 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 200 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data · Municipal transit open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Lehigh Hanson Materials Limited — Waterdown Plant, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Rogers. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Conservation Haltonor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
The market
Detached homes for sale in Waterdown right now
- For sale now
- 55
- Median asking price
- $1.24M
- New in 7 days
- 7
- Price cuts
- 25%
Middle half: $1.01M to $1.48M
24 in 28 days
14 listings
This home is asking 17% below the median.
See all homes in WaterdownAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Aldershot GO | GO Transit train: Lakeshore West | 4.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Guy B Brown Elementary Public SchoolHamilton-Wentworth DSB | Public · grades JK–8 · French Immersion | 1 km | 82%Grade 6 average |
| St. Thomas Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 1.6 km | 83%Grade 6 average |
| Allan A GreenleafHamilton-Wentworth DSB | Public · grades JK–8 | 1.7 km | 85%Grade 6 average |
| ÉÉC Saint-PhilippeConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 6.7 km | 75%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Waterdown District High SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 1.7 km | 56%Grade 9 math |
| Aldershot High SchoolHalton DSB | Public · grades 9–12 | 4.7 km | 73%Grade 9 math |
| École secondaire Georges-P-VanierConseil scolaire Viamonde | French-language public · grades 9–12 | 6 km | 73%Grade 9 math |
| St. Mary Catholic Secondary SchoolHamilton-Wentworth CDSB | Catholic · grades 9–12 | 7.5 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Waterdown are shown to signed-in members.