15 Miller Drive, Hamilton

Price: $885,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13612484

Welcome to 15 Miller Drive, an exceptional opportunity offering immediate comfort and outstanding future potential. Set on a generous lot in a quiet, family-friendly neighborhood, this well-maintained home is ideal for end-users, investors, or those looking to build a custom residence. The existing home features functional living space with key updates, making it move-in ready while providing the flexibility to renovate, lease, or enjoy as you plan your future vision. Whether you're searching for a comfortable home today or an investment with long-term upside, this property offers endless possibilities. The expansive lot is the true highlight, boasting impressive frontage and depth that create the perfect setting for a luxury custom home. Surrounded by prestigious custom builds and ongoing redevelopment, this highly sought-after location continues to attract homeowners, builders, and investors alike. Move in, rent out, renovate, or build new-15 Miller Drive presents a rare opportunity to secure a premium property with exceptional redevelopment potential in one of the area's most desirable neighbourhoods

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$885,000 - 15 Miller Drive, Hamilton

Detached for Sale in Hamilton

Neighbourhood: Ancaster

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13612484
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to 15 Miller Drive, an exceptional opportunity offering immediate comfort and outstanding future potential. Set on a generous lot in a quiet, family-friendly neighborhood, this well-maintained home is ideal for end-users, investors, or those looking to build a custom residence. The existing home features functional living space with key updates, making it move-in ready while providing the flexibility to renovate, lease, or enjoy as you plan your future vision. Whether you're searching for a comfortable home today or an investment with long-term upside, this property offers endless possibilities. The expansive lot is the true highlight, boasting impressive frontage and depth that create the perfect setting for a luxury custom home. Surrounded by prestigious custom builds and ongoing redevelopment, this highly sought-after location continues to attract homeowners, builders, and investors alike. Move in, rent out, renovate, or build new-15 Miller Drive presents a rare opportunity to secure a premium property with exceptional redevelopment potential in one of the area's most desirable neighbourhoods

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,540.51/mo

Includes CMHC insurance ($24,692)

$
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5%10%50%

5-yr fixed avg.

Principal: $796,500Interest: $540,961
Mortgage Amount$821,192
Total Interest$540,961
Est. Property Tax$627/mo
Total Cost$1,362,153

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.

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Neighbourhood Guide: Ancaster

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

15 Miller Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$627
Insurance (est.)-$184
Net Cash Flow+$2,389

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1264/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 26 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

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.

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    15 Miller Drive, Hamilton | $885,000 | Battaglia Team