Harmeet Singh, REALTOR®New homes › Waterdown
New Homes in Waterdown
Dream Villa tracks no active low-rise release in Waterdown today. New freehold homes here are rare, so most buyers compare new condos in Waterdown with new builds in nearby towns.
Waterdown at a Glance
Commute
- No GO train in Waterdown. Nearest is Aldershot GO in Burlington, 58 min to Union
Drive times from Waterdown, no traffic. Rush hour takes longer.
New home prices from
Lowest published starting price per home type on our Hamilton (nearest list, Waterdown has none priced today) list today. See every project.
Property tax
1.32%2026 residential rate
About $13,190 a year on a $1,000,000 assessed home
Lowest of our cities 0.72%Highest 1.58%
Assessed value is set by MPAC and is often below the price you pay.
Tax when you buy
$16,475on a $1,000,000 home: Ontario land transfer tax, no city tax here
First-time buyers get up to $4,000 back
Paid on closing day. Work out your closing costs.
New homes built
2,577new homes started in 2025, all types (City of Hamilton)
Busiest of our cities outside Toronto2,577
Housing starts counted by CMHC. A start is a home that began construction, not one for sale.
Housing growth target
47,000new homes Ontario asks for by 2031
More homes planned usually means more new releases to choose from.
Where new homes are
- Waterdown SouthNew homes between Dundas St and Mountain Brow Rd
- Waterdown NorthLow to high density homes north of Parkside Dr
- Waterdown Village corePlanned infill around the historic downtown
Transit coming
- No new transit project funded for WaterdownNearest GO train: Aldershot GO, 58 min to Union
Parks and outdoors
- Smokey Hollow Falls10 m waterfall with viewing platform
- Bruce Trail, Waterdown sectionEscarpment ravine trail past the falls
Schools
School boards
- PublicHamilton-Wentworth District School Board
- CatholicHamilton-Wentworth Catholic District School Board
- French publicConseil scolaire Viamonde
- French CatholicConseil scolaire catholique MonAvenir
College and university
- McMaster University, Hamilton
- Mohawk College, Hamilton
Highest rated by the Fraser Institute (2023/24, out of 10)
- 7.9Allan A GreenleafElementary
- 7.4St ThomasElementary
- 6.0WaterdownSecondary
Sources: GO Transit, tax rates, school ratings, growth areas, CMHC, housing target, parks, drive times from OpenStreetMap routing, land transfer tax from Ontario's published rates.
Pre-Construction Projects in Waterdown Right Now
There is no active low-rise community in Waterdown on our list today. When a builder releases one, it is added to the Hamilton & Niagara project list.
Read more about new homes in Waterdown
Where New Homes Are Being Built in Waterdown
Waterdown is in the Flamborough part of Hamilton, just north of Burlington along Highway 6 and Dundas Street. New releases here come in small numbers, mostly freehold townhomes and detached homes, so buyers usually compare Waterdown with new homes in Burlington, Hamilton and Milton.
For neighbourhoods, commute and local contract points, read the Hamilton buyer guide.
What a New House in Waterdown Costs Beyond the Price
- Deposits. Builders usually ask for 10 to 20 percent over the first year or two. Map yours with the deposit schedule tool.
- The $130,000 HST rebate. See if you qualify and what it does to your price.
- Closing costs. Land transfer tax, legal fees and builder adjustments are due at closing. Total them with the closing costs calculator.
- The mortgage at closing. You qualify again at closing, at the rates of that day. Test it with the closing day readiness check.
Questions Buyers Ask
Are there new detached homes in Waterdown?
Very few. New freehold homes in Waterdown are rare and usually small infill projects, so most buyers who want a new detached home also look at nearby towns.
Which builders are selling new homes in Waterdown?
Builder and community names are not shown on the public list. They are sent with the current price list, floor plans and site plan when you ask on any community.
Do I need a realtor to buy a new home from a builder in Waterdown?
You do not have to use one, but the sales office works for the builder. Builders typically pay the buyer's agent's commission on new construction, so representation usually costs the buyer nothing; confirm this for your project before you sign. Register your own agent on or before your first visit, because many builders only recognise an agent who is there at first contact.
Is there a cooling-off period on a new home in Waterdown?
Only on new condos, which have 10 days under the Condominium Act. Freehold homes have no cooling-off period, so have the agreement reviewed before you sign.