747 Vernon Place, Hamilton, ON
Ancaster, Hamilton · MLS® X12839766
About this home
A rare Luxury Home with attached Private Suite in a highly sought after location. This exceptional custom-built residence offers approx. 4,960 sq. ft. of thoughtfully designed living space, including a fully integrated 900 sq. ft. private suite - perfect for multi-generational living, a nanny or caregiver, or potential income opportunities. A rare find that combines elegance, flexibility, and everyday functionality for today's modern family. The 3,800 sq. ft. main home showcases outstanding craftsmanship & premium finishes throughout. The sun-filled main-floor Master retreat provides comfort & convenience, complete with dual walk-in closets & a spa-inspired 5pc ensuite featuring a soaker tub, heated floors, heated towel rack, & custom glass shower. A private den with custom built-ins & wet bar creates the ideal work-from-home space or quiet retreat. Designed for gathering & entertaining, the oversized eat-in kitchen features striking quartzite countertops, a large island, walk-in pantry, separate prep kitchen, wet bar & built-in Thermador appliances. The impressive two-storey family room with custom tile-surround gas fireplace & built-in cabinetry flows seamlessly to the covered rear patio through an oversized triple-pane accordion door system, creating beautiful indoor-outdoor living. A well-appointed mudroom & main-floor laundry complete with custom dog wash add everyday practicality. Venture upstairs to a spacious media room with its own 3-piece ensuite offering flexible living space for teens or guests, along with three additional bedrooms and another full bathroom. The attached 1-bedroom private suite is connected through the mudroom yet fully self-contained, offering a separate side entrance and dedicated garage parking. Featuring vaulted ceilings, a custom fireplace, full kitchen, private laundry, covered patio, & a large bedroom with ensuite bath allowing both independence and comfort while remaining connected to the main home. Luxury Certified.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X12839766
- Bedrooms
- 5
- Bathrooms
- 6 (2 half)
- Size
- 3500-5000
- Lot
- 146.1 × 184.78 ft
- Cross streets
- Montgomery
- Parking
- 3 garage · 12 parking (attached)
- Driveway
- Inside Entry, Private Triple
- Basement
- Full, Unfinished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $21,393 / 2025
- Days on market
- 136
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
5 Pc Ensuite
2 Pc Bath
ceramic sink · closet organizers
3 pc ensuite · separate shower
wet bar · pocket doors
breakfast area · double sink · stainless steel appl
3 Pc Ensuite
cathedral ceiling(s) · gas fireplace · wet bar
3 Pc Ensuite
5 pc ensuite · walk-in closet(s) · w/o to patio
eat-in kitchen · ceramic backsplash · pantry
Access To Garage
gas fireplace · vaulted ceiling(s) · overlooks backyard
2 Pc Bath
Listed at $2,689,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.46M, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $2.65M
- Bathrooms +$15K
- Adjusts to $2.66M
That comparable adjusts to $2.66M; the $2.96M estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. WILSON at MONTGOMERY is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $2.96M, median of 9 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 2% below the area average of $648/sqft.
134 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Ancaster, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: WILSON at MONTGOMERY, about 229 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,151,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,483
- Property tax
- $1,783
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,266
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,723
- Estimated closing costs
- $53,723
Plus your down payment of $537,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $689,007
- Principal paid down
- $274,048
- Interest paid
- $414,959
- Balance remaining
- $1,877,872
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.