53 LOVERS Lane, Hamilton, ON
Ancaster, Hamilton · MLS® X13227946
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.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- X13227946
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000
- Lot
- 85.25 × 250 ft
- Cross streets
- Park Lane
- Parking
- 1 garage · 7 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Stone
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,710 / 2025
- Days on market
- 49
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
4 Pc Bath
2 Pc Bath
Listing history
- Jun 2, 2026Listed$4,995,000
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $1,650,000, this home is about 10% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths.
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 $1.50M
- Adjusts to $1.50M
That comparable adjusts to $1.50M; the $1.50M estimate above is the median of all 5 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 St. Margarets is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $1.50M, median of 5 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 15% above the area average of $822/sqft.
45 days longer than the Hamilton average (4 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
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Wilson at St. Margarets, about 334 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 21, 2026); conventional rates run a little higher.
Mortgage amount $1,320,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,044
- Property tax
- $643
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,687
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29,475
- Estimated closing costs
- $29,475
Plus your down payment of $330,000. 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
- $422,641
- Principal paid down
- $168,102
- Interest paid
- $254,538
- Balance remaining
- $1,151,898
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.