193 Mill Street S, Hamilton

$999,000
193 Mill Street S

$999,000

New
21d
Detached1 1/2 Storey

193 Mill Street S, Hamilton

Total Monthly Obligation $4,966

Beds
2
Baths
2
Park
10
Sqft
1500-2000
DOM
21d
Yield
12.0%
Cash on Cash
29.0%
Cap Rate
10.8%
5Y IRR
39.7%
10Y IRR
36.0%
Property Type-Detached
MLS® Number-X13858680
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Lot Size-200 × 142 ft
Listed on site-Oct 2, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$6,734 (2025)
Parking-10 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Escarpment Realty Inc
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Wood
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Waterdown
Title-Residential Freehold

No agent assigned

A Rare Opportunity to Create Your Dream Home in a Private, Nature-Inspired Setting. YOUR PRIVATE RETREAT. STEPS FROM THE VILLAGE. The property presents an exceptional opportunity for those looking to create something truly special in one of Waterdown's most distinctive settings. Set on approximately .58 acres, this mature, tree-filled property offers the feeling of a private Muskoka retreat while being just steps from the shops, restaurants and everyday conveniences of the village. Nestled within a woodland setting and directly across from the Grindstone Creek Trail, the property is surrounded by nature and offers an exceptional sense of privacy and tranquility. Smokey Hollow Waterfall, the Bruce Trail and the natural beauty of the Grindstone Creek valley are close by, while Burlington, Hamilton, major highways and Aldershot GO are easily accessible. The existing dwelling is being offered in its current condition-the real opportunity is the land and the vision it inspires. Imagine an architecturally designed custom residence surrounded by mature trees, beautiful gardens and exceptional outdoor living spaces. Create a home that is completely your own, thoughtfully positioned to embrace the natural setting and designed around the way you want to live. With approximately 200 feet of frontage and 142 feet of depth, this is an unusually generous parcel in an established village location. The NEC has indicated they are amenable to a new home being constructed on this property. For those who have been searching for privacy, nature and space without giving up village convenience, this is a rare opportunity to build something extraordinary. New Property Survey is available. All home measurements are approximate. Bring your Architect. Bring your vision. Build the home you've always wanted!

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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,966/mo
Mortgage $4,030
Monthly Loss $3,905
Principal$1,060
Interest$2,969
Property Tax$561
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 193 Mill Street S

Time

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