981 MINERAL SPRINGS Road, Hamilton, ON

Rural Ancaster, Hamilton · MLS® X13229278

$4,995,000
For Sale
Listed 45 days ago
Request a showing
◎ Directions
3Bedrooms
5Bathrooms
2Garage · 10 parking
2000-2500Sq Ft

About this home

Welcome to 981 Mineral Springs Road! This extraordinary custom-built estate sits on a breathtaking 1.8-acre rolling property, offering exceptional privacy, stunning views, and a picturesque setting complete with the meandering Mineral Springs Creek and charming footbridge. The impressive natural stone façade and expansive windows create striking curb appeal while capturing the beauty of the surrounding landscape from nearly every room. A grand foyer opens to a spectacular great room featuring soaring vaulted ceilings, a floor-to-ceiling stone cladded propane fireplace, and walls of windows overlooking the property. The chef-inspired kitchen is beautifully appointed with custom walnut cabinetry, stone countertops and backsplash, a custom-made LaCanche 6-burner gas stove from Burgundy France, a built-in refrigerator, a large working island with a breakfast bar, and a walk-in pantry with a coffee station. The elegant dining room showcases coffered ceilings and distinctive wood and glass accents, flowing seamlessly to the vaulted covered patio with an outdoor fireplace-an incredible extension of the home's living and entertaining space. The private upper-level primary retreat features a dedicated office space, vaulted bedroom, wall-to-wall cabinets, a walk-in closet and a luxurious 5-piece ensuite with soaker tub, glass shower, double vanity, and private water closet. The walk-out lower level offers outstanding accommodations including two spacious bedrooms, each with its own 4-piece ensuite, an impressive family room, additional office space, laundry room, a full bathroom designed as a steam room, and direct access to the beautifully landscaped grounds. A rare offering where timeless architecture, exceptional craftsmanship, and a spectacular natural setting come together to create an unforgettable luxury lifestyle. Luxury Certified.

Key facts

Property type
Detached, 2-Storey
MLS®
X13229278
Bedrooms
3 (1 + 2)
Bathrooms
5 (1 half)
Size
2000-2500
Lot
24 × 474.83 ft
Cross streets
Sulpher Springs Rd
Parking
2 garage · 10 parking (attached)
Driveway
Private, Private Double
Basement
Full, Walk-Out, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$11,988 / 2025
Days on market
45
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

LaundrySecond2.92 × 2.51 m
BedroomBasement5.46 × 4.80 m
OtherMain1.75 × 1.63 m

Closet

Utility RoomBasement6.35 × 2.44 m
PantryMain1.73 × 1.70 m
BedroomBasement4.32 × 3.38 m
OfficeBasement3.71 × 2.46 m
Family RoomBasement5.21 × 3.99 m
BathroomSecond4.62 × 2.87 m

5 Pc Ensuite

BathroomBasement3.35 × 1.52 m

3 Pc Ensuite

OtherSecond3.02 × 2.39 m

Walk-In Closet(s)

KitchenMain6.02 × 3.43 m
LaundryBasement1.09 × 0.86 m
BathroomMain2.82 × 1.83 m

2 Pc Bath

Dining RoomMain4.70 × 4.62 m
FoyerMain5.61 × 2.59 m
Primary BedroomSecond4.90 × 3.71 m
BathroomBasement2.72 × 1.60 m

4 Pc Ensuite

BathroomBasement0.00 × 0.00 m

3 Pc Bath

Living RoomMain5.28 × 5.23 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, this is a more car-dependent spot, so buyers here typically drive. JERSEYVILLE at MARTIN is about a 29-minute walk away. Worth weighing if transit access matters to you.

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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.12Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

7 Apex Court$1.12M160 Wills Crescent$1.05M106 Odonnel Drive$870k59 Renata Court$1.37M419 SPRINGBROOK Avenue$1.19M

The 5 closest of 7 active listings nearby.

See all comparable homes
5.00MThis home1.12M1.05M870k1.37M1.19MThis home vs active comparables
Live market pulseActive comparables in Rural Ancaster · median list $2.09M
$2,220this home / sqft
5active listings nearby
45days on market

43 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rural Ancaster, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

4/ 100

Car-DependentA 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.

Almost all errands require a car.

🚉 Nearest transit: JERSEYVILLE at MARTIN, about 2.3 km away

3 parks

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Ancaster
$1.23M
Dundas
$1.05M
Westdale
$1.39M
Rural Flamborough
$1.15M
Gibson
$670K

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

Affordability
$22,766/mo
$895KIncome needed
5.6×Price ÷ income
$5,254Weekly cost
20% down4.79%25-yr amortization

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.

96%mortgage
Mortgage $22,766Property tax $999Total carry $23,765

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$21,324per month

Mortgage amount $3,996,000 · 4.14% over 25 years

$999,000Down payment (20.0%)
$3,996,000Loan before insurance
$0CMHC premium
$22,323Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21,324
Property tax
$999
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22,323

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$111,350
Estimated closing costs
$111,350

Plus your down payment of $999,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25,900/monthPayment at the qualifying rate

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

$2,401,242Total interest paid
$6,397,242Total of all payments
Principal $3,996,000 Interest $2,401,242
YearPrincipalInterestBalance
1$93,612$162,277$3,902,388
2$97,528$158,362$3,804,859
3$101,608$154,282$3,703,252
4$105,858$150,032$3,597,394
5$110,286$145,604$3,487,108
6$114,899$140,991$3,372,210
7$119,705$136,185$3,252,505
8$124,712$131,178$3,127,793
9$129,928$125,961$2,997,865
10$135,363$120,527$2,862,502
11$141,025$114,865$2,721,477
12$146,924$108,966$2,574,553
13$153,069$102,820$2,421,484
14$159,472$96,418$2,262,012
15$166,143$89,747$2,095,869
16$173,092$82,798$1,922,777
17$180,332$75,557$1,742,445
18$187,875$68,014$1,554,569
19$195,734$60,156$1,358,836
20$203,921$51,969$1,154,914
21$212,451$43,439$942,464
22$221,337$34,552$721,126
23$230,596$25,294$490,531
24$240,241$15,649$250,290
25$250,290$5,600$0

At the end of your 5-year term

Total paid over the term
$1,279,448
Principal paid down
$508,892
Interest paid
$770,557
Balance remaining
$3,487,108

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.

Let's connect

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

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
0.6%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.0%
Gross yield
− Property tax $11,988− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $31,468

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

CallRequest a showing