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Listed 3 months ago

18 Elder Crescent

Ancaster, Hamilton

$3,495,000

Detached|2-Storey
4 | 6 | 17
About this home

Experience unparalleled luxury in this fully renovated, nearly 7,000 sqft custom-designed executive home on a stunning 2.5-acre property in one of Ancaster's most exclusive enclaves. Surrounded by nature yet minutes from city conveniences, this home blends upscale living with serene privacy-you have to see it to believe it. New stone walkways and lush greenery create exceptional curb appeal. Inside, every detail has been meticulously crafted to maximize space and functionality. Upon entering, you're immediately captivated by the grand 'Scarlett O'Hara' staircase. The main level boasts formal living and dining areas, a private office, and two powder rooms. The spacious custom laundry/mudroom features garage access and a second staircase to the basement. The elegant family room is a true focal point, with a Valor gas fireplace and a stone feature wall. The gourmet eat-in kitchen is equipped with top-of-the-line appliances, custom cabinetry, granite countertops, and stone accents. Rich hardwood, marble tiles, and high-end fixtures flow throughout. Upstairs, the primary suite is a private oasis featuring a spa-inspired 5-piece ensuite with a curbless glass shower and a deep soaker tub, as well as an expansive walk-in dressing room with custom built-ins. Three additional bedrooms and two beautifully updated baths complete the upper level. The newly renovated walkout basement is the ultimate entertainment hub, offering a fifth bedroom, full bathroom, and a stylish kitchenette or wet bar. Relax in the media area with a Valor fireplace or workout in the state-of-the-art gym. Step outside to a private patio with a hot tub-perfect for unwinding in nature. This level also offers excellent in-law suite potential. Outside, serene ponds and breathtaking views create a peaceful, cottage-like atmosphere. A multi-tiered deck extends the home's living space, ideal for dining and entertaining. The expansive yard completes this one-of-a-kind luxury retreat.

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size3500-5000 sq. ft.
Property Tax$13,365
Lot Size100 ft x 818.71 ft
mls© NumberX13231204
Listed ByROYAL LEPAGE STATE 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%
$17,889
Property tax
$1,114
Heat allowance
$150
Housing costs
$19,153 / mo

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

Down payment20% · $699,000
25-yr amortization

Income needed

$589,000

gross annual household income

Payment at 4%
$14,708 / mo
Cash down
$699,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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