53 LOVERS Lane, Hamilton

Price: $1,550,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13227946

Here's a polished marketing-focused version that emphasizes both the home and the exceptional opportunity: Imagine the possibilities on this impressive 85' x 250' lot in one of Ancaster's most sought-after neighbourhoods. This well-maintained all-brick bungalow offers comfortable living today while presenting outstanding future potential for families, investors, renovators, or those dreaming of a custom estate property. Featuring 3 bedrooms and 2 bathrooms, the home is set on a rare, deep lot that provides exceptional outdoor space, privacy, and endless opportunities to expand, renovate, or simply enjoy as is. Nestled in a prime family-friendly location, you'll appreciate being just moments from excellent schools, beautiful parks, conservation areas, golf courses, shopping, dining, and convenient highway access for commuters. Large lots in established Ancaster neighbourhoods are becoming increasingly difficult to find, making this a truly exceptional opportunity to secure a property with both immediate enjoyment and long-term potential. Whether you're looking for a place to call home, a renovation project, or the ideal setting for your future dream home, this is a rare offering in an unbeatable location.

53 LOVERS Lane - Detached photo 1 of 18 in Hamilton, Ontario
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$1,550,000 - 53 LOVERS Lane, Hamilton

Detached for Sale in Hamilton

127 days on market

Neighbourhood: Ancaster

3Beds
2Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
X13227946
Property Type
Detached
Status
active
Days on Site
127
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Taxes (2025)
$7,710
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Here's a polished marketing-focused version that emphasizes both the home and the exceptional opportunity: Imagine the possibilities on this impressive 85' x 250' lot in one of Ancaster's most sought-after neighbourhoods. This well-maintained all-brick bungalow offers comfortable living today while presenting outstanding future potential for families, investors, renovators, or those dreaming of a custom estate property. Featuring 3 bedrooms and 2 bathrooms, the home is set on a rare, deep lot that provides exceptional outdoor space, privacy, and endless opportunities to expand, renovate, or simply enjoy as is. Nestled in a prime family-friendly location, you'll appreciate being just moments from excellent schools, beautiful parks, conservation areas, golf courses, shopping, dining, and convenient highway access for commuters. Large lots in established Ancaster neighbourhoods are becoming increasingly difficult to find, making this a truly exceptional opportunity to secure a property with both immediate enjoyment and long-term potential. Whether you're looking for a place to call home, a renovation project, or the ideal setting for your future dream home, this is a rare offering in an unbeatable location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,856.17/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,240,000Interest: $816,852
Mortgage Amount$1,240,000
Total Interest$816,852
Est. Property Tax$1,098/mo
Total Cost$2,056,852

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

53 LOVERS Lane, 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.)-$1,098
Insurance (est.)-$323
Net Cash Flow+$1,379

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 $1033/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.

Negotiation Opportunity

At 127 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 $6,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    53 LOVERS Lane, Hamilton | $1,550,000 | Battaglia Team