$2,199,000 - 8 Renwood Place, Hamilton
Detached for Sale in Hamilton
- MLS Number
- X13206666
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Lot Size
- 1 sqft
- Listing Brokerage
- ICI SOURCE REAL ASSET SERVICES INC.
A rare opportunity to acquire a fully entitled estate property on a premium 1.4-acre lot at the end of an exclusive court in sought-after Waterdown. Positioned among distinguished multi-million dollar estate homes and surrounded by protected green space on three sides, the property overlooks a private pond with sweeping escarpment views, offering an exceptional combination of privacy, prestige, and natural beauty. A setting of this scale, privacy, and entitlement is rarely available in the area. This property is fully approved by the Niagara Escarpment Commission for a custom 7,500 sq ft luxury residence with walkout basement, resort-style outdoor living, and expansive landscaped grounds. Seller can deliver the property with building permit ready for construction commencement. All required approvals, architectural drawings, engineering, landscape plans, environmental studies, arborist reports and supporting documentation have been completed, allowing a buyer to bypass years of planning, studies, and approvals. The approved design features a grand two-storey residence with elevator, 6 bedrooms, multiple ensuites, private entrance guest suite, extensive entertaining spaces, and seamless indoor-outdoor integration with infinity pool and terrace areas. Landscape plans also include a proposed walking/running trail surrounding the pond along with a private dock for recreational enjoyment and water activities. Municipal water and gas connected. Approved sanitary sewer connection. *For Additional Property Details Click The Brochure Icon Below*
Estimate your monthly payments for this property
Estimated Payment
$9,726.92/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.
8 Renwood Place, 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
Premium Pricing
At $1999/sqft, this property is priced above the Hamilton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $9,163 (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.