1097 Mineral Springs Road, Hamilton, ON

Rural Ancaster, Hamilton · MLS® X13549422

$1,999,900
For Sale
Listed 7 days ago
4Bedrooms
3Bathrooms
2Garage · 10 parking
3000-3500Sq Ft

About this home

Set in the picturesque Hamlet of Mineral Springs, one of Ancaster's most sought-after rural communities, this custom-built modern farmhouse offers a rare combination of luxury living, privacy, and versatility on nearly one acre surrounded by nature and wildlife. Offering over 5,000 sqft. of finished living, the home features expansive principal rooms, 9-foot ceilings on the main level, and beautiful pine and maple flooring throughout. Designed for both everyday living and entertaining, the inviting great room is anchored by a wood-burning fireplace with built-in shelving, adding warmth and character to the home. The updated farmhouse kitchen blends timeless style with modern function, complete with quartz countertops, stainless steel appliances, and stunning Indian slate flooring. The home offers four bedrooms, including a versatile main-level office that can easily function as the fourth bedroom - ideal for guests, multi-generational living, or those working from home. Upstairs, you'll find three spacious bedrooms and two full bathrooms, including a private primary retreat featuring an electric fireplace, walk-in closet with laundry, ensuite bathroom, and a balcony overlooking the property. The fully finished lower level o?ers additional living space with room for recreation, workshops, hobbies, and plenty of storage. A standout feature of the property is the 800 sqft. heated workshop with hydro and water, offering incredible flexibility for hobbyists, entrepreneurs, creatives, or additional entertaining space. Mature trees, peaceful surroundings, and direct access to conservation create a setting that feels private and secluded while remaining close to everyday amenities. Located just steps from Dundas Valley Conservation trails and only minutes to downtown Ancaster, including the Hamilton Golf & Country Club, Ancaster Tennis Club, and convenient highway access, this is a truly unique opportunity to enjoy refined country living without sacrificing convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
X13549422
Bedrooms
4
Bathrooms
3 (1 half)
Size
3000-3500
Lot
230.89 × 147.49 ft
Cross streets
Sulphur Springs
Parking
2 garage · 10 parking (attached)
Driveway
Private Triple
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Board & Batten
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$8,669 / 2025
Days on market
7
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

WorkshopBasement5.97 × 3.56 m
Dining RoomMain4.22 × 5.44 m
KitchenMain4.85 × 5.38 m
Family RoomMain7.21 × 5.41 m
BathroomMain1.83 × 3.63 m

2 Pc Bath

BathroomSecond3.56 × 2.16 m

3 Pc Ensuite

BathroomSecond2.72 × 4.22 m

4 Pc Bath

BedroomSecond3.76 × 4.22 m
BedroomMain3.66 × 3.53 m
BreakfastMain3.28 × 2.41 m
Primary BedroomSecond4.37 × 5.61 m
RecreationBasement14.50 × 7.65 m
FoyerMain2.01 × 2.46 m
BedroomSecond3.53 × 5.44 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.47Mest. value

Listed at $1,999,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.18M, a bit lower. 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, listed at $2.50M
  • Bathrooms −$30K
  • Adjusts to $2.47M

That comparable adjusts to $2.47M; the $2.47M 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, this is a more car-dependent spot, so buyers here typically drive. JERSEYVILLE at MARTIN is about a 31-minute walk away. Worth weighing if transit access matters to you.

List price
$1.92MGreat deal$2.90MOverpriced

Total price vs nearby homes. Fair value about $2.47M, median of 5 comparables.

Comparable listingsCurrently listed nearby · asking prices
$1.16Mavg asking

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

59 Renata Court$1.37M419 SPRINGBROOK Avenue$1.19M47 Winners Way$1.10M7 Kinsman Drive$1000k67 Starfire Crescent$1.15M

The 5 closest active listings nearby.

See all comparable homes
2.00MThis home1.37M1.19M1.10M1000k1.15MThis home vs active comparables
Live market pulseActive comparables in Rural Ancaster · median list $2.50M
$615this home / sqft
5active listings nearby
7days on market

This home lists 39% below the area average of $1,003/sqft.

5 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

2/ 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 2.5 km away

2 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
$9,115/mo
$373KIncome needed
5.4×Price ÷ income
$2,103Weekly 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 $9,115Property tax $722Total carry $9,837

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)
$8,538per month

Mortgage amount $1,599,920 · 4.14% over 25 years

$399,980Down payment (20.0%)
$1,599,920Loan before insurance
$0CMHC premium
$9,260Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,538
Property tax
$722
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,260

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

One-time closing costs

Ontario land transfer tax
$36,473
Estimated closing costs
$36,473

Plus your down payment of $399,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,370/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

$961,410Total interest paid
$2,561,330Total of all payments
Principal $1,599,920 Interest $961,410
YearPrincipalInterestBalance
1$37,481$64,973$1,562,439
2$39,048$63,405$1,523,391
3$40,682$61,772$1,482,709
4$42,383$60,070$1,440,326
5$44,156$58,297$1,396,170
6$46,003$56,450$1,350,167
7$47,927$54,526$1,302,239
8$49,932$52,521$1,252,307
9$52,021$50,432$1,200,286
10$54,197$48,257$1,146,090
11$56,464$45,990$1,089,626
12$58,825$43,628$1,030,801
13$61,286$41,167$969,515
14$63,850$38,604$905,665
15$66,520$35,933$839,145
16$69,303$33,151$769,842
17$72,202$30,252$697,641
18$75,222$27,232$622,419
19$78,368$24,085$544,051
20$81,646$20,807$462,405
21$85,061$17,392$377,344
22$88,619$13,834$288,725
23$92,326$10,127$196,399
24$96,188$6,265$100,211
25$100,211$2,242$0

At the end of your 5-year term

Total paid over the term
$512,266
Principal paid down
$203,750
Interest paid
$308,516
Balance remaining
$1,396,170

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$6,300/mo
$75,600Gross annual rent
2.9%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.

3.8%
Gross yield
− Property tax $8,669− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $57,215

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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