515 Hamilton Drive, Hamilton

Price: $2,875,000

8 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: X13832096

This one-of-a-kind indescribable just shy of an acre property is something you've got to see to believe. A wonderfully spaced property-8 bedrooms, 5 bathrooms, 3 kitchens, 3 laundry and enough parking for 10+ cars. Multi-family, multi-generational phenomenal upgraded 4-bedroom, 3-bathroom Bungalow has an additional 2 bedroom fully self-sufficient in-law suite with a separate entrance or can be reconnected to the main home. This property also has a separate Guest House with 2-bedrooms, kitchen, laundry, bathroom and outdoor deck with a fully accessorized garage below sporting a car lift. Access is through the garage or on the outdoor staircase. There's room for growth as well with outdoor prep work for a pool or further development and expansion. If you are looking for pure nature bliss in the heart of the city, with multiple functions in designer style and full accessibility to a multitude of areas, then this is your new home. Heated ensuite floors, top of the line new appliances, his/her walk-in closets and floor to ceiling pure class. An entertainers dream lower level with a walk-out and glass enclosed wine cellar. The 10-foot granite waterfall kitchen island is stunning and only matched by the oversized opulent showers and upscale fixtures. Wrap yourself in comfortable luxury that meets both all your needs and fulfills all your wants. Your outdoor oasis off the primary bedroom boasts a hot tub to wind down on your secluded back deck for relaxed filled evenings. No need to escape to a cottage for calm and tranquility as it's all out your back door. Incredible Muskoka tree rich feel privacy with no visible neighbors off the large back deck, this property really has to be seen to feel the class, calm and comfort that is seeped through it. Within minutes to the 403 Wilson St. exit its convenient access makes it perfect for commuters or hybrid stay at home professionals.

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$2,875,000 - 515 Hamilton Drive, Hamilton

Detached for Sale in Hamilton

Popular Listing

Neighbourhood: Ancaster

8Beds
5Baths
3,000 - 3,499Sq Ft
Detached

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Property Details
MLS Number
X13832096
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
8
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Hamilton
Lot Size
3,972 sqft
Taxes (2026)
$12,399
Listing Brokerage
RIGHT AT HOME REALTY
Description

This one-of-a-kind indescribable just shy of an acre property is something you've got to see to believe. A wonderfully spaced property-8 bedrooms, 5 bathrooms, 3 kitchens, 3 laundry and enough parking for 10+ cars. Multi-family, multi-generational phenomenal upgraded 4-bedroom, 3-bathroom Bungalow has an additional 2 bedroom fully self-sufficient in-law suite with a separate entrance or can be reconnected to the main home. This property also has a separate Guest House with 2-bedrooms, kitchen, laundry, bathroom and outdoor deck with a fully accessorized garage below sporting a car lift. Access is through the garage or on the outdoor staircase. There's room for growth as well with outdoor prep work for a pool or further development and expansion. If you are looking for pure nature bliss in the heart of the city, with multiple functions in designer style and full accessibility to a multitude of areas, then this is your new home. Heated ensuite floors, top of the line new appliances, his/her walk-in closets and floor to ceiling pure class. An entertainers dream lower level with a walk-out and glass enclosed wine cellar. The 10-foot granite waterfall kitchen island is stunning and only matched by the oversized opulent showers and upscale fixtures. Wrap yourself in comfortable luxury that meets both all your needs and fulfills all your wants. Your outdoor oasis off the primary bedroom boasts a hot tub to wind down on your secluded back deck for relaxed filled evenings. No need to escape to a cottage for calm and tranquility as it's all out your back door. Incredible Muskoka tree rich feel privacy with no visible neighbors off the large back deck, this property really has to be seen to feel the class, calm and comfort that is seeped through it. Within minutes to the 403 Wilson St. exit its convenient access makes it perfect for commuters or hybrid stay at home professionals.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,717.09/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $2,300,000Interest: $1,515,128
Mortgage Amount$2,300,000
Total Interest$1,515,128
Est. Property Tax$2,036/mo
Total Cost$3,815,128

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

515 Hamilton Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,400/mo
Range: $4,590 - $6,210
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,400
Maintenance Fees-$0
Property Tax (est.)-$2,036
Insurance (est.)-$599
Net Cash Flow+$2,765

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

Fair Market Value

At $958/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 8 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 5 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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    515 Hamilton Drive, Hamilton | $2,875,000 | Battaglia Team