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Listed 11 days ago

144 Lovers Lane

Ancaster, Hamilton

$1,399,000

Detached|2-Storey
5 | 4 | 6
About this home

Set on an exceptional lot in one of Ancaster's most sought-after established neighbourhoods, this sprawling custom-built two-storey residence offers the space, layout and solid construction rarely found in today's market. Lovingly cared for and thoughtfully maintained, the home makes an immediate impression with its grand foyer, sweeping circular staircase and generous principal rooms. The main level is designed for family living and entertaining, with a spacious living room featuring a striking fireplace, dedicated home office, large dining area, expansive kitchen and adjoining family room overlooking the backyard. Direct access to the double-car garage adds everyday convenience. Upstairs, four spacious bedrooms and two bathrooms provide excellent accommodation for a growing family. The finished basement adds an extraordinary amount of flexibility, featuring a secondary kitchen, bedrooms, bathrooms, living and recreation spaces, laundry and a separate entrance from the garage, ideal for extended family, teenagers, guests, entertaining or an in-law arrangement. Tons of appeal here for the family, setting and an opportunity. While the home presents an opportunity to introduce today's finishes and design sensibility, its substantial footprint, generous lot, central location and established neighbourhood provide an exceptional opportunity to create something special. An opportunity to bring new life to a well-built family home in a neighbourhood where space, lot size and location are continually in demand.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$10,058
Lot Size80.16 ft x 150.31 ft
mls© NumberX13869114
Listed ByCENTURY 21 HERITAGE GROUP LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,161
Property tax
$838
Heat allowance
$150
Housing costs
$8,149 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,800
25-yr amortization

Income needed

$251,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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