$1,599,900 - 56 Academy Street, Hamilton
Detached for Sale in Hamilton
32 days on marketNeighbourhood: Ancaster
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- MLS Number
- X13748436
- Property Type
- Detached
- Status
- active
- Days on Site
- 32
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Hamilton
- Taxes (2026)
- $13,317
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
**WHEN OPPORTUNITY KNOCKS, BE SURE TO ANSWER.** Have you been waiting for a truly exceptional luxury bungalow in the heart of Ancaster Village? Tucked away on a private 63' x 236' lot, this impressive 2,400 sq. ft. executive bungalow is steps from local restaurants, the Ancaster Tennis & Lawn Bowling Clubs and Memorial Arts Centre. Custom built in 2013 with exceptional craftsmanship and the finest materials, this sophisticated home offers privacy, elegance and effortless one-floor living. A 100-ft. aggregate driveway, mature landscaping and beautiful gardens create a striking first impression. The grand foyer opens to a spectacular great room with soaring 12-ft. ceilings, gas fireplace, pot lights and 8-ft. French doors overlooking the professionally landscaped backyard. The elegant dining room features a dramatic 15-ft. ceiling, crown moulding and stunning chandelier. The gourmet eat-in kitchen is beautifully appointed with a large island, granite counters and premium appliances including JennAir refrigerator, gas cooktop with griddle, AEG wall oven, steam oven and convection microwave. Patio doors lead to the covered rear patio-perfect for indoor/outdoor entertaining. The luxurious primary suite features a custom walk-in closet and spa-inspired 6-piece ensuite with glass shower and sunken jetted tub. A second bedroom at the opposite end offers ensuite privileges for family or guests. A separate entrance leads to a practical mudroom/laundry area and private office with built-in desk. The partially finished lower level offers a 650 sq. ft. recreation room, 3-piece bath and cantina, plus over 1,700 sq. ft. of additional space with endless possibilities.**Private. Sophisticated. Uniquely Ancaster.** More than a home-an exceptional opportunity in one of Ancaster's most desirable village settings.
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/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.
56 Academy Street, 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
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 32 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 $6,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.