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Rural Ancaster, Hamilton
$1,999,777
Attention investors, developers, families looking for their dream home, rare income and development opportunity in Ancaster, two properties combined into one.! Set on approximately in 5 acres in the prestigious Sulphur Springs community, this versatile property features two lots combined, with 2 detached homes, three self-contained units, and multiple income streams, offering exceptional cash flow and long-term investment potential. Zoned Rural (A2), it permits a wide range of uses, including agricultural operations, agritourism, home industry, kennel facilities, processing operations, specialty farming, and potential for a Cannabis Growing and Harvesting Facility with up to 2,000 sq. ft. of new construction, subject to approvals. The main residence offers over 3,500 sq. ft. with seven bedrooms, four bathrooms, and separate entrances, while the second detached home features three bedrooms and one bathroom, creating excellent rental or multi-generational living opportunities. A 60' x 40' workshop/garage adds valuable space for business, storage, or future uses. Just minutes from Highway 403, Ancaster Village, top-rated schools, and conservation trails, this is a rare opportunity to secure a flexible, income-producing property in one of Ancaster's most desirable communities.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $12,950 |
| Lot Size | 309 ft x 627 ft |
| mls© Number | X13559428 |
| Listed By | RE/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%
- $10,236
- Property tax
- $1,079
- Heat allowance
- $150
- Housing costs
- $11,465 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$353,000
gross annual household income
- Payment at 4%
- $8,415 / mo
- Cash down
- $399,955
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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