1216 SAWMILL Road, Hamilton, ON

Rural Glanbrook, Hamilton · MLS® X13507786

$2,700,000
For Sale
Listed 18 days ago
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4Bedrooms
2Bathrooms
4Garage · 10 parking
1500-2000Sq Ft

About this home

Truly Irreplicable 48.77 acre Ancaster Generational Estate property ideally located on sought after Sawmill road. The perfect setting that everyone is looking for featuring a rolling landscape, meandering creek, calming pastures, approximately 40-45 acres of well managed workable land, & a beautifully updated circa 1895 - 4 bedroom home set well back from the road nestled among mature trees. This farm has been in the family for years and is evident throughout the pride of ownership including the 42' x 75' bank barn, 26' x 30' workshop, & 25' x 42' implement shed. The home features 1772 sq ft of beautifully updated living space including refinished wood flooring, updated kitchen, 2 new bathrooms, large primary rooms, & utility style basement. Conveniently located minutes to Ancaster amenities, 403, & highway access. Ideal setting & property to build your dream home. Experience Ancaster Rural Living.

Key facts

Property type
Detached, 2-Storey
MLS®
X13507786
Bedrooms
4
Bathrooms
2
Size
1500-2000
Lot
1319 × 1700 ft
Cross streets
HIGHWAY 6
Parking
4 garage · 10 parking (detached)
Basement
Partial Basement, Unfinished
Heating
Forced Air
A/C
None
Exterior
Wood
Foundation
Stone
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$2,460 / 2025
Days on market
18
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomSecond4.52 × 3.15 m
BedroomSecond2.82 × 3.96 m
LaundryMain1.52 × 1.02 m
Utility RoomBasement7.92 × 5.79 m
BedroomMain3.94 × 5.26 m
BathroomSecond2.84 × 3.02 m

3 Pc Bath

BathroomMain2.29 × 2.06 m

3 Pc Bath

KitchenMain4.24 × 5.84 m
Living RoomMain4.67 × 4.90 m
BedroomSecond3.78 × 2.51 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. Transit is limited nearby. Worth weighing if transit access matters to you.

Comparable listingsCurrently listed nearby · asking prices
$903kavg asking

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

59 Forestview Drive$1000k30 Carriagegate Drive$860k443 Eleventh Road$849k

The 3 closest active listings nearby.

See all comparable homes
2.70MThis home1000k860k849kThis home vs active comparables
Live market pulseActive comparables in Rural Glanbrook · median list $989K
$1,543this home / sqft
6active listings nearby
18days on market

16 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 Glanbrook, 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

0/ 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.

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
Westdale
$1.39M
Dundas
$1.05M
Binbrook
$948K
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
$12,306/mo
$473KIncome needed
5.7×Price ÷ income
$2,840Weekly 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.

98%mortgage
Mortgage $12,306Property tax $205Total carry $12,511

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,527per month

Mortgage amount $2,160,000 · 4.14% over 25 years

$540,000Down payment (20.0%)
$2,160,000Loan before insurance
$0CMHC premium
$11,732Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,527
Property tax
$205
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,732

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

One-time closing costs

Ontario land transfer tax
$53,975
Estimated closing costs
$53,975

Plus your down payment of $540,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,000/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

$1,297,969Total interest paid
$3,457,969Total of all payments
Principal $2,160,000 Interest $1,297,969
YearPrincipalInterestBalance
1$50,601$87,717$2,109,399
2$52,718$85,601$2,056,681
3$54,923$83,396$2,001,758
4$57,220$81,098$1,944,537
5$59,614$78,705$1,884,923
6$62,107$76,211$1,822,816
7$64,705$73,614$1,758,111
8$67,412$70,907$1,690,699
9$70,231$68,087$1,620,468
10$73,169$65,150$1,547,298
11$76,230$62,089$1,471,069
12$79,418$58,900$1,391,650
13$82,740$55,578$1,308,910
14$86,201$52,118$1,222,709
15$89,807$48,512$1,132,902
16$93,563$44,755$1,039,339
17$97,477$40,842$941,862
18$101,554$36,765$840,308
19$105,802$32,517$734,506
20$110,228$28,091$624,278
21$114,838$23,480$509,440
22$119,642$18,677$389,798
23$124,646$13,673$265,152
24$129,860$8,459$135,292
25$135,292$3,027$0

At the end of your 5-year term

Total paid over the term
$691,594
Principal paid down
$275,077
Interest paid
$416,517
Balance remaining
$1,884,923

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$3,150/mo
$37,800Gross annual rent
1.1%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.

1.4%
Gross yield
− Property tax $2,460− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $29,782

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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