In region enduring sales slump, bungalow-like house in Waterdown gains four offers

Globe and Mail

15-05-2025

8 Silver Crt., Hamilton
Asking price: $999,000 (April, 2025)
Selling price: $1.105-million (April, 2025)
Previous selling price: $200,899 (June, 1996)
Taxes: $7,004 (2025)
Days on the market: 11
Listing agent: Ed Cassidy, Bosley Real Estate Ltd.
In the Hamilton region, properties littered the market for weeks, if not months, often after generous price cuts. Yet this three-bedroom house drew four offers in 11 days in April. Its success was tied to its mesmerizing appearance – and price under $1-million.
'This market has been hit hard because of the impact and uncertainty of tariffs in the region,' said agent Ed Cassidy.
'Given the number of listings in the Hamilton/Waterdown area, my intention was to make 8 Silver Crt. stand out through multiple social media platforms, professional staging and photography, and strategic pricing to draw interest from buyers online.'
Emphasis on its unique layout also accounts for the $106,000 premium paid by the buyer.
'My advertising strategy and messaging was targeted with a key focus towards mature buyers, likely downsizers, searching for that elusive, one-level living space in order to age in place without the need for climbing stairs,' Mr. Cassidy said.
'Not only was the primary bedroom on the main level, but there was a second bedroom that could be used as an office or a bedroom on the main floor.'
This 1½-storey house offers one bedroom and one of its three bathrooms upstairs. Below, there are separate cooking and dining areas and a laundry room with access into the garage.
The living room features a gas fireplace, vaulted ceilings and sliding doors that open to the 45- by 100-foot grounds.
The basement is unfinished.
'The home is situated on a very desirable, quiet, tree-lined court that is a short stroll to many shops and amenities,' Mr. Cassidy said.
'Watertown is a hidden gem with a small town feel that is minutes to the Aldershot GO Station, the 403, and the QEW, offering easy access to the GTHA and Niagara region.'