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Listed 3 months ago

53 LOVERS Lane

Ancaster, Hamilton

$1,650,000

Detached|Bungalow
3 | 2 | 7
About this home

Here's a polished marketing-focused version that emphasizes both the home and the exceptional opportunity: Imagine the possibilities on this impressive 85' x 250' lot in one of Ancaster's most sought-after neighbourhoods. This well-maintained all-brick bungalow offers comfortable living today while presenting outstanding future potential for families, investors, renovators, or those dreaming of a custom estate property. Featuring 3 bedrooms and 2 bathrooms, the home is set on a rare, deep lot that provides exceptional outdoor space, privacy, and endless opportunities to expand, renovate, or simply enjoy as is. Nestled in a prime family-friendly location, you'll appreciate being just moments from excellent schools, beautiful parks, conservation areas, golf courses, shopping, dining, and convenient highway access for commuters. Large lots in established Ancaster neighbourhoods are becoming increasingly difficult to find, making this a truly exceptional opportunity to secure a property with both immediate enjoyment and long-term potential. Whether you're looking for a place to call home, a renovation project, or the ideal setting for your future dream home, this is a rare offering in an unbeatable location.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$7,710
Lot Size85.25 ft x 250 ft
mls© NumberX13227946
Listed ByRE/MAX ESCARPMENT REALTY INC.

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%
$8,445
Property tax
$643
Heat allowance
$150
Housing costs
$9,238 / mo

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

Down payment20% · $330,000
25-yr amortization

Income needed

$284,000

gross annual household income

Payment at 4%
$6,943 / mo
Cash down
$330,000

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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