$5,910,000 - 1046 Book Road, Hamilton
Detached for Sale in Hamilton
41 days on marketNeighbourhood: Ancaster
- MLS Number
- X13560912
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Hamilton
- Lot Size
- 98 sqft
- Listing Brokerage
- RE/MAX ESCARPMENT FRANK REALTY
A Rare Opportunity in the Heart of Ancaster. Nestled beside the prestigious Knollwood Golf Course, this extraordinary 97.49ac farm presents a once-in-a-generation opportunity to own one of Ancaster's most remarkable rural estates. Whether you envision a thriving agricultural operation, an equestrian estate, a luxury country retreat, or a business w/ room to grow, this exceptional property offers endless possibilities. Ideal for a greenhouse operation, horse farm, retirement estate, trucking or landscaping business, vet clinic, or a custom family compound, the opportunities are limited only by your imagination. Approx 60ac of fertile farmland are currently being cultivated by a local farmer, providing both productive agricultural land & income potential. The rich soil & expansive acreage create an outstanding foundation for sustainable farming, crop production, livestock, or other commercial agricultural ventures. The property feat 2 det homes, each offering approx 2,000sqft of living space, making it ideal for multi-generational living, staff accommodations, or rental income. Equestrian enthusiasts will appreciate the indoor riding arena, multiple barns, stables & extensive riding trails that wind around the perimeter of the property. A picturesque large pond enhances the natural beauty of the landscape, creating a peaceful setting for recreation and relaxation. Despite its private country setting, this exceptional estate is just mins from shopping, schools, major hwy access & all of Ancaster's amenities, offering the perfect balance of rural tranquility & urban convenience. An exceptional offering where luxury, lifestyle, agriculture & investment potential come together on nearly 100 ac in one of Ancaster's most desirable locations.
Estimate your monthly payments for this property
Estimated Payment
$26,141.92/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Ancaster
Ancaster is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Ancaster
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Ancaster offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1046 Book Road, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $2364/sqft, this property is priced above the Hamilton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Ancaster
I know Ancaster well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $24,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.