18 Elder Crescent, Hamilton, ON

Ancaster, Hamilton · MLS® X13231204

$3,495,000
For Sale
Listed 49 days ago
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5Bedrooms
6Bathrooms
2Garage · 17 parking
3500-5000Sq Ft

About this home

Experience unparalleled luxury in this fully renovated, nearly 7,000 sqft custom-designed executive home on a stunning 2.5-acre property in one of Ancaster's most exclusive enclaves. Surrounded by nature yet minutes from city conveniences, this home blends upscale living with serene privacy-you have to see it to believe it. New stone walkways and lush greenery create exceptional curb appeal. Inside, every detail has been meticulously crafted to maximize space and functionality. Upon entering, you're immediately captivated by the grand 'Scarlett O'Hara' staircase. The main level boasts formal living and dining areas, a private office, and two powder rooms. The spacious custom laundry/mudroom features garage access and a second staircase to the basement. The elegant family room is a true focal point, with a Valor gas fireplace and a stone feature wall. The gourmet eat-in kitchen is equipped with top-of-the-line appliances, custom cabinetry, granite countertops, and stone accents. Rich hardwood, marble tiles, and high-end fixtures flow throughout. Upstairs, the primary suite is a private oasis featuring a spa-inspired 5-piece ensuite with a curbless glass shower and a deep soaker tub, as well as an expansive walk-in dressing room with custom built-ins. Three additional bedrooms and two beautifully updated baths complete the upper level. The newly renovated walkout basement is the ultimate entertainment hub, offering a fifth bedroom, full bathroom, and a stylish kitchenette or wet bar. Relax in the media area with a Valor fireplace or workout in the state-of-the-art gym. Step outside to a private patio with a hot tub-perfect for unwinding in nature. This level also offers excellent in-law suite potential. Outside, serene ponds and breathtaking views create a peaceful, cottage-like atmosphere. A multi-tiered deck extends the home's living space, ideal for dining and entertaining. The expansive yard completes this one-of-a-kind luxury retreat.

Key facts

Property type
Detached, 2-Storey
MLS®
X13231204
Bedrooms
5 (4 + 1)
Bathrooms
6 (2 half)
Size
3500-5000
Lot
100 × 818.71 ft
Cross streets
Shaver Road
Parking
2 garage · 17 parking (attached)
Driveway
Private
Basement
Full, Finished with Walk-Out, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$13,365 / 2025
Days on market
49
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

Dining RoomMain4.29 × 5.49 m
LaundryMain4.22 × 3.33 m
Exercise RoomBasement7.90 × 5.31 m
KitchenMain4.22 × 4.80 m
RecreationBasement6.27 × 6.02 m
Bedroom 3Second3.94 × 3.25 m
BathroomSecond0.00 × 0.00 m

3 Pc Bath

Living RoomMain4.22 × 5.49 m
Bedroom 2Second3.56 × 4.14 m
OfficeMain4.22 × 3.66 m
Primary BedroomSecond8.53 × 5.56 m
FoyerBasement4.65 × 5.18 m
BathroomMain0.00 × 0.00 m

2 Pc Bath

Living RoomBasement4.34 × 4.44 m
Bedroom 4Second2.97 × 4.67 m
BathroomBasement0.00 × 0.00 m

3 Pc Bath

BathroomSecond0.00 × 0.00 m

5 Pc Ensuite

KitchenBasement4.09 × 3.45 m
BathroomMain0.00 × 0.00 m

2 Pc Bath

Family RoomMain5.99 × 6.02 m
BathroomSecond0.00 × 0.00 m

4 Pc Bath

FoyerMain4.09 × 7.49 m
BreakfastMain5.31 × 5.36 m
Bedroom 5Basement4.09 × 4.34 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.

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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby in Ancaster · asking prices
$3.49Mavg asking

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

114 Reding Road$4.15M747 Vernon Place$2.69M315 Wilson Street$2.40M132 Chancery Drive$3.47M28 Millcreek Court$4.75M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.50MThis home4.15M2.69M2.40M3.47M4.75MThis home vs active comparables
Live market pulseActive comparables in Ancaster · median list $2.69M
$822this home / sqft
17active listings nearby
49days on market
21sold nearby · 90 days
$1.23Mmedian sold price
95%of asking, on average
4%vs a year ago

This home lists 25% above the area average of $656/sqft.

46 days longer than the Hamilton average (3 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

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.

Nearby neighbourhoods

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

Meadowlands
$1.10M
Dundas
$993K
Westdale
$1.60M
Waterdown
$1.39M
Raleigh
$615K

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
$15,929/mo
$643KIncome needed
5.4×Price ÷ income
$3,676Weekly 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.

93%mortgage
Mortgage $15,929Property tax $1,114Total carry $17,043

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,920per month

Mortgage amount $2,796,000 · 4.14% over 25 years

$699,000Down payment (20.0%)
$2,796,000Loan before insurance
$0CMHC premium
$16,034Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,920
Property tax
$1,114
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,034

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

One-time closing costs

Ontario land transfer tax
$73,850
Estimated closing costs
$73,850

Plus your down payment of $699,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,122/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

$1,680,148Total interest paid
$4,476,148Total of all payments
Principal $2,796,000 Interest $1,680,148
YearPrincipalInterestBalance
1$65,501$113,545$2,730,499
2$68,240$110,806$2,662,259
3$71,095$107,951$2,591,164
4$74,069$104,977$2,517,096
5$77,167$101,879$2,439,929
6$80,395$98,651$2,359,534
7$83,757$95,289$2,275,777
8$87,261$91,785$2,188,516
9$90,911$88,135$2,097,605
10$94,713$84,332$2,002,892
11$98,675$80,371$1,904,217
12$102,803$76,243$1,801,414
13$107,103$71,943$1,694,311
14$111,583$67,463$1,582,729
15$116,250$62,796$1,466,479
16$121,112$57,933$1,345,366
17$126,178$52,867$1,219,188
18$131,456$47,590$1,087,732
19$136,955$42,091$950,777
20$142,684$36,362$808,093
21$148,652$30,394$659,442
22$154,870$24,176$504,572
23$161,348$17,698$343,224
24$168,097$10,949$175,128
25$175,128$3,918$0

At the end of your 5-year term

Total paid over the term
$895,230
Principal paid down
$356,071
Interest paid
$539,158
Balance remaining
$2,439,929

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$7,350/mo
$88,200Gross annual rent
1.8%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.

2.5%
Gross yield
− Property tax $13,365− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $63,733

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE STATE REALTY. MLS®/PropTx.

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