404 Hamilton Drive, Hamilton, ON

Ancaster, Hamilton · MLS® X13419608

$1,549,000
For Sale
Listed 42 days ago
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◎ Directions
4Bedrooms
3Bathrooms
2Garage · 14 parking
2000-2500Sq Ft
5 schools20+ transit stops8 parks7 restaurantswithin 1.5 km

About this home

RARE opportunity to own a .85 acre property right in the heart of the highly sought after Ancaster area! This beautifully re-done 2100 sq. ft. raised bungalow is only minutes away from shopping, schools and highway 403.Fully open concept living room, dining room and beautiful custom eat-in kitchen with massive island.The extraordinary Master Bedroom retreat is tucked away on the south side of the home with gorgeous stone wall gas fireplace, massive walk-in closet and a spectacular 5 pc master ensuite with Jacuzzi tub.In-Law Suite potential. large office with separate entrance to the back patio.Soak in the south-facing sun on the large backyard patio deck and enjoy cool autumn nights around the fire pit.Fully fenced in area to let the dog run wild!! This massive property has plenty of space to create your dream backyard oasis.The fully finished basement features a massive cold room/cellar, rec-room with wet-bar, massive games room, basement bedroom 3 pc bathroom and laundry room. Oversized detached double car garage at the rear of the property and driveway parking for many vehicles.Home is set up with 2 furnaces (2016,2025),2 AC units (2016,2022).Features and Upgrades Include: Distributed Audio, Hardwood Flooring, In-Law Set Up, Gas Fireplace and much much more...a definite MUST SEE!!

Key facts

Property type
Detached, Bungalow-Raised
MLS®
X13419608
Bedrooms
4 (3 + 1)
Bathrooms
3
Size
2000-2500
Lot
65.62 × 314.97 ft
Cross streets
Wilson
Parking
2 garage · 14 parking (detached)
Driveway
Front Yard Parking
Basement
Finished, Full, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Vinyl Siding
Foundation
Block, Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$8,522 / 2026
Days on market
42
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BathroomBasement0.00 × 0.00 m

3 Pc Bath

OfficeMain5.92 × 3.48 m
Bedroom 4Basement2.74 × 3.35 m
Exercise RoomBasement4.88 × 3.17 m
Great RoomBasement5.79 × 3.66 m
Family RoomMain4.27 × 5.79 m
KitchenMain3.96 × 3.66 m
Dining RoomMain3.96 × 3.66 m
BathroomMain0.00 × 0.00 m

4 Pc Bath

Bedroom 2Main3.05 × 3.66 m
Bedroom 3Main4.27 × 3.66 m
BathroomMain0.00 × 0.00 m

5 Pc Ensuite

Primary BedroomMain5.79 × 4.88 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.25Mest. value

Listed at $1,549,000, this home is about 24% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($688/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In Ancaster lately, sellers have been getting about 97% of asking and homes sell in about 39 days.

There were not many closely comparable homes right in Ancaster, so I widened the search to the surrounding area.

Based on 94 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 94 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.32M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, sold for $1.20M
  • Bathrooms −$15K
  • Adjusts to $1.19M

That comparable adjusts to $1.19M; the $1.25M estimate above is the median of all 94 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

On location, this is a more car-dependent spot, so buyers here typically drive. Amberly at Sunnymeade is about a 6-minute walk away. Worth weighing if transit access matters to you.

List price
$1.03MGreat deal$1.55MOverpriced

Total price vs nearby homes. Fair value about $1.25M, median of 94 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Ancaster · asking prices
$1.51Mavg asking

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

1548 Mineral Springs Road$1.58M39 Maureen Avenue$1.65M175 Bluebell Crescent$1.30M52 Cesar Place$1.50M44 Cesar Place$1.50M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.55MThis home1.58M1.65M1.30M1.50M1.50MThis home vs active comparables
Live market pulseActive comparables in Ancaster · median list $1.50M
$688this home / sqft
85active listings nearby
42days on market
42sold nearby · 90 days
$1.20Mmedian sold price
97%of asking, on average

This home lists 1% above the area average of $683/sqft.

39 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.

Getting around

12/ 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 — groceries and transit are a drive away.

🚉 Nearest transit: Amberly at Sunnymeade, about 502 m away

20+ transit stops1 grocery7 dining8 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.

Dundas
$993K
Westdale
$1.39M
North End
$545K
Rural Flamborough
$1.19M
Waterdown
$1.46M

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
$7,060/mo
$295KIncome needed
5.2×Price ÷ income
$1,629Weekly 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.

91%mortgage
Mortgage $7,060Property tax $710Total carry $7,770

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,613per month

Mortgage amount $1,239,200 · 4.14% over 25 years

$309,800Down payment (20.0%)
$1,239,200Loan before insurance
$0CMHC premium
$7,323Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,613
Property tax
$710
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,323

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

One-time closing costs

Ontario land transfer tax
$27,455
Estimated closing costs
$27,455

Plus your down payment of $309,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,032/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

$744,649Total interest paid
$1,983,849Total of all payments
Principal $1,239,200 Interest $744,649
YearPrincipalInterestBalance
1$29,030$50,324$1,210,170
2$30,244$49,110$1,179,925
3$31,510$47,844$1,148,416
4$32,828$46,526$1,115,588
5$34,201$45,153$1,081,388
6$35,631$43,723$1,045,756
7$37,122$42,232$1,008,635
8$38,674$40,680$969,960
9$40,292$39,062$929,668
10$41,977$37,377$887,691
11$43,733$35,621$843,958
12$45,563$33,791$798,395
13$47,468$31,886$750,927
14$49,454$29,900$701,473
15$51,523$27,831$649,950
16$53,678$25,676$596,273
17$55,923$23,431$540,350
18$58,262$21,092$482,088
19$60,699$18,655$421,389
20$63,238$16,116$358,151
21$65,883$13,471$292,268
22$68,639$10,715$223,629
23$71,510$7,844$152,119
24$74,501$4,853$77,617
25$77,617$1,737$0

At the end of your 5-year term

Total paid over the term
$396,770
Principal paid down
$157,812
Interest paid
$238,957
Balance remaining
$1,081,388

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
2.3%Est. cap rate

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.

3.3%
Gross yield
− Property tax $8,522− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $34,934

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

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