368 Philip Place, Hamilton

Price: $1,499,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13168734

Welcome to 368 Philip Place! This exceptional 3 bed / 2.5 bath home is set on a rare .37-acre lot in one of Ancaster Heights' most coveted pockets. Fully renovated, it blends warm modern living with timeless mid-century modern design elements, offering the privacy and quiet this neighbourhood is known for. Just blocks from the escarpment brow, conservation lands and scenic trails, the setting feels peaceful and tucked away while remaining close to Ancaster Village, schools, shops and everyday amenities.Inside, thoughtful craftsmanship and premium finishes define every space, including custom white oak millwork with refined 3/4-inch reveals, oil-finished hardwood floors, custom cabinetry and quartz countertops. Vaulted ceilings and floor-to-ceiling windows in the kitchen and dining areas flood the home with natural light, creating bright, inviting spaces designed for both everyday living and entertaining. The primary bathroom features heated floors, adding a subtle touch of comfort and luxury.Major upgrades provide lasting peace of mind, including all new plumbing, all new electrical, upgraded 200-amp service, spray foam insulation and exterior basement waterproofing. Outside, the expansive private lot, mature trees, generous deck and tranquil surroundings create a rare lifestyle opportunity in one of Ancaster's most desirable established neighbourhoods. A beautifully updated home combining architectural character, exceptional craftsmanship and an outstanding location.

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$1,499,000 - 368 Philip Place, Hamilton

Detached for Sale in Hamilton

Neighbourhood: Ancaster

3Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13168734
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROCK STAR REAL ESTATE INC.
Description

Welcome to 368 Philip Place! This exceptional 3 bed / 2.5 bath home is set on a rare .37-acre lot in one of Ancaster Heights' most coveted pockets. Fully renovated, it blends warm modern living with timeless mid-century modern design elements, offering the privacy and quiet this neighbourhood is known for. Just blocks from the escarpment brow, conservation lands and scenic trails, the setting feels peaceful and tucked away while remaining close to Ancaster Village, schools, shops and everyday amenities.Inside, thoughtful craftsmanship and premium finishes define every space, including custom white oak millwork with refined 3/4-inch reveals, oil-finished hardwood floors, custom cabinetry and quartz countertops. Vaulted ceilings and floor-to-ceiling windows in the kitchen and dining areas flood the home with natural light, creating bright, inviting spaces designed for both everyday living and entertaining. The primary bathroom features heated floors, adding a subtle touch of comfort and luxury.Major upgrades provide lasting peace of mind, including all new plumbing, all new electrical, upgraded 200-amp service, spray foam insulation and exterior basement waterproofing. Outside, the expansive private lot, mature trees, generous deck and tranquil surroundings create a rare lifestyle opportunity in one of Ancaster's most desirable established neighbourhoods. A beautifully updated home combining architectural character, exceptional craftsmanship and an outstanding location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,630.58/mo

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5-yr fixed avg.

Principal: $1,199,200Interest: $789,975
Mortgage Amount$1,199,200
Total Interest$789,975
Est. Property Tax$1,062/mo
Total Cost$1,989,175

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

368 Philip Place, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$1,426

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 $1363/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 21 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    368 Philip Place, Hamilton | $1,499,000 | Battaglia Team