1887 Charm with Modern Kitchen in Waterdown Core

Property details for 47 Mill Street N, Hamilton

Type: Residential
Bedrooms: 3
Bathrooms: 2
Lot Size: 34 x 179 FT
Stories: 1.5
Basement: Unfinished, Partial
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Wood, Vinyl siding
Ownership: Freehold
Annual Taxes: $5,148

This 1887 home in Waterdown's core mixes original hardwood floors with serious modern upgrades. The kitchen is the showstopper: high-end Jenn Air appliances, shiplap backsplash, and a butcher block coffee bar. Upstairs, there are three bedrooms, including a primary with big windows for morning sun, plus an office and a laundry-equipped bathroom. Main floor has a family room with custom built-ins and pot lights, a proper dining room, and a mud room off the new herringbone paver driveway. The 34 x 179 foot lot runs deep to a deck, patio, and putting green, with a 10x22 workshop at the back that's insulated and heated by its own heat pump. You're steps from the Waterdown core, with Boston Pizza and schools close by. Taxes run about $5,148, and it's priced at $949K, competitive for the area's median of $862K. The 1.5-storey layout packs 1,684 sq ft, and there's a partial unfinished basement for storage. No garage, but you get four parking spots on the paver driveway. It's a bit quirky being old, but the updates make it comfortable. If you want a house with history and a modern kitchen, this is it.

About 47 Mill Street N, Hamilton — Property Score

Strong Investment Hot Market Feature Rich

Score: 66/100

Value

Priced 41.7% above area median of $669,900 based on 843 comparable properties nearby 7

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

6,086 sqft lot - a generous lot for the area 78

Location

$53K median household income - below the Canadian average of $70K 57

89% of residents hold postsecondary credentials - a highly educated neighbourhood 96

47% homeownership rate - a renter-majority neighbourhood 63

66% of residents commute under 30 minutes - excellent commuter accessibility 83

2,563/km² population density - a well-balanced suburban area 96

Market

Just listed - area average is 63 days on market 100

+33.3% median price change over 1 month - rising prices in the area 100

38.2 months of housing supply - 1871 active listings with 49 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.8 spots 95

Unfinished, Partial basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.54% effective tax rate ($5,148/yr) - very low tax burden 84

53% renter population - strong rental demand in this area 94

Quality

Condition

Listing

50 photos provided - 32% more than the area average of 38 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.