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Price Change$3,350,000

515 Hamilton Drive

Ancaster, Hamilton

$2,975,000

Detached|Bungalow
8 | 5 | 16
About this home

This one of a kind indescribable multi-family just shy of an acre in the heart of Ancaster home is something you've got to see to believe!! A total of 8 bedrooms, 6 bathrooms, 3 kitchens, 3 laundry and enough parking for 10+ cars. Phenomenally upgraded 4 bedroom, 3 bathroom Bungalow has an additional 2 bedroom fully self-sufficient in-law suite with a separate entrance. The Guest House has 2 bedrooms, kitchen, laundry and a fully accessorized garage with an operating car lift. The property has room for growth with roughed in electrical and plumbing with outdoor shower for a pool. Your outdoor oasis off the primary bedroom boasts a hot tub on the secluded expansive deck for relaxed filled evenings. No need to escape to a cottage for calm and tranquility as it's all out your garden back doors. Incredible Muskoka tree rich backyard. This property really has to be seen to understand the calm, class and comfort that is seeped through it.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age16-30
Size3000-3500 sq. ft.
Property Tax$11,888
Lot Size176.36 ft x 227.4 ft
mls© NumberX12932382
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$15,227
Property tax
$991
Heat allowance
$150
Housing costs
$16,368 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $595,000
25-yr amortization

Income needed

$504,000

gross annual household income

Payment at 4%
$12,519 / mo
Cash down
$595,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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