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Property Type: Detached HouseOwnership: Freehold
231 PARKSIDE Drive
Waterdown, ON L8B0Y7
MLS® 40871923
65
Walk Score
24
Transit
51
Bike
$999,900
6 bed3.5 bath4 parking2,375 sqftBuilt 1998
65
Walk Score
24
Transit
51
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Contemporary
- Stories
- 2
- Frontage
- 50 feet
R1-5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,710
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | 13'6'' x 6'9'' |
| Storage | Basement | 6'1'' x 9'6'' |
| Family room | Basement | 9'10'' x 20'9'' |
| Bedroom | Basement | 14'1'' x 15'4'' |
| Bedroom | Basement | 9'9'' x 16'10'' |
| Bedroom | Basement | 13'4'' x 10'7'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 12'4'' x 11'0'' |
| Bedroom | Second level | 21'3'' x 12'3'' |
| 5pc Bathroom | Second level | — |
| Primary Bedroom | Second level | 17'11'' x 16'0'' |
| 2pc Bathroom | Main level | — |
| Mud room | Main level | 8'7'' x 5'7'' |
| Living room |
Description
Welcome home! This beautifully renovated three plus three-bedroom family home offers 2,375 square feet of stylish above grade living space. Recently updated throughout in 2019 with vinyl plank flooring, fresh paint, baseboards, kitchen, bathrooms and basement. The bright and spacious living room features a large window, providing a great place to unwind. The dining room boasts a stunning two-storey ceiling and hardwood stairs with glass railings lead upstairs. Congregate in the large modern kitchen with a huge island, beautiful quartz counters, stainless appliances and tons of cabinetry. Walk out to a composite deck with privacy screens. The spacious primary suite offers a wall of PAX-style closets, a walk-in closet and a five-piece ensuite. The huge second bedroom was originally two rooms and is easily converted back to four bedrooms. Top off upstairs with third bedroom plus a renovated main bathroom. The basement adds three good-sized bedrooms as well as a recreation room. Roof 2024; owned furnace, A/C and tankless water heater (2019). Close to shopping, schools and restaurants! Don’t be TOO LATE*! *REG TM. RSA. (id:63161)
Listing Information
- MLS®
- 40871923
- Data last synced
- October 30, 2026
RE/MAX Escarpment Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Escarpment Realty Inc.
MLS® Number: 40871923
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$421/sqft
Building average
—
No other active listings in this building
460 - Waterdown West average
$526/sqft
17 active listing(s)
Parking: 4 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Halton Hills
15°C
Mainly Clear
Humidity 88%
Wind WNW 14 km/h
Tonight
7°
Friday
14°
Friday night
1°
Saturday
14°
Saturday night
4°
Sunday
16°
Source: Environment and Climate Change Canada.
Nearby Schools
| School |
|---|
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$799,920.00
Periodic payment — Principal & Interest (monthly)$5,160.81
Additional monthly expenses (condo fees, tax, utilities, etc.)$761.50
Total monthly cost$5,922.31
Interest paid over 5-yr term$229,259.37
Balance at end of term$719,530.63
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$74,990
Stress test qualifying rate8.19%
Payment you must qualify for$7,171.51
Cash Needed at Closing
Minimum down payment$74,990
Estimated Land Transfer Tax (LTT)$16,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,963
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.