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Meadowlands, Hamilton
$1,195,000
Welcome to this beautifully maintained detached home in the heart of desirable Ancaster. Situated on a quiet family-friendly street, 197 Cloverleaf Drive offers the perfect blend of space, functionality, and comfort for growing or multi-generational families. The main floor features a bright open-concept layout with spacious living and dining areas flowing seamlessly into the kitchen and dinette, creating an ideal space for both everyday living and entertaining. Convenient main floor laundry and a powder room add to the home's practical design. Upstairs, you'll find 4 generously sized bedrooms and 2 full bathrooms, providing plenty of room for the whole family. The fully finished basement offers incredible versatility with 2 additional bedrooms, a full bathroom, kitchen, and separate entrance - perfect for extended family, guests, or potential in-law suite opportunities. Step outside to enjoy a private backyard surrounded by mature trees, offering a peaceful setting for relaxing or entertaining outdoors. Located close to parks, schools, shopping, and major amenities, this home is a fantastic opportunity in one of Ancaster's most sought-after communities.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $9,325 |
| Lot Size | 40.03 ft x 118.11 ft |
| mls© Number | X13412034 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
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%
- $6,117
- Property tax
- $777
- Heat allowance
- $150
- Housing costs
- $7,044 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$217,000
gross annual household income
- Payment at 4%
- $5,029 / mo
- Cash down
- $239,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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