$1,250,000 - 47 Mill Street, Hamilton
Detached for Sale in Hamilton
New — Listed 2 days ago- MLS Number
- X13061142
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- REVEL REALTY INC.
Welcome to 47 Mill St North in Waterdown. Originally built in 1887, you can still see the history in the original wood floors. Beyond the floors, the house has been lovingly updated without losing the charm that comes with a home this age. This home sits on a 34' x 180' lot & a nice layout that offers 1684 sq ft. The main floor greets you with a large family room which has custom built ins, updated millwork, smooth ceilings and pot lights. Dining rooms is excellent for large gatherings and entertaining. The kitchen has been transformed into the highlight of the home and features ample storage, high end Jenn Air appliances, farmhouse-style shiplap décor backsplash & separate nook for your coffee/bar with butcher's block countertop. Upstairs, you'll find two bedrooms, an office and a large bathroom with laundry. Wake up to a beautiful sunrise coming through the large windows. You'll spend as much time outside the home as you do inside, with a 180-foot-deep lot. Enjoy front porch coffee while greeting your neighbours in the highly sought-after Waterdown core. Want some privacy? Escape to the backyard, past the new herringbone paver driveway, to your deck for a BBQ. Invite friends for drinks on the patio, or practice your short game on the putting green. You'll also find a large, 10' x 22' workshop at the back of the property. Powered by its own electrical panel, the shop is insulated and climate controlled by a heat pump. As lovely as the house is, you'll quickly consider the entire neighbourhood your home. You can't walk a block without a smile and a hello from a neighbour walking their dog or getting some exercise. You might have just found your next home!
Estimate your monthly payments for this property
Estimated Payment
$5,529.17/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
47 Mill Street, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $833/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.