$594,900 - 7 Bacon Lane, Hamilton
Townhouse for Sale in Hamilton
37 days on marketNeighbourhood: Ancaster
- MLS Number
- X13579112
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 37
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- Bosley Real Estate Ltd.
Located in a most desirable area of the complex, this end unit freehold townhome has minimal drive-by traffic and borders onto a green space ravine, offering added privacy and a peaceful setting. It is also one of the very few 4 unit buildings in the complex. The main level features a spacious foyer, currently used as a home office, along with inside access to the single-car garage, a front closet, and a mechanical/storage room.The second level is designed for everyday living and entertaining, offering a bright kitchen with stainless steel appliances, Corian countertops, a breakfast bar, adjoining dining area, living room and additional storage room. Your private deck is the perfect spot to enjoy beautiful sunset views. This level also includes a convenient laundry area and a two-piece powder room.On the third level, you'll find three comfortable bedrooms and a well-appointed four-piece bathroom featuring ceramic tile flooring and tiled tub/shower surround.Additional features include a single-car garage with inside access, private driveway and an exceptional location within the complex.This home is just minutes from major highways, shopping, restaurants, public transit, parks, places of worship, and a wide range of everyday amenities.This is an excellent opportunity to enjoy low-maintenance freehold living in a convenient Ancaster location.
Estimate your monthly payments for this property
Estimated Payment
$3,052.15/mo
Includes CMHC insurance ($16,598)
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.
7 Bacon Lane, 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 $541/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 37 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Hamilton have shown strong appreciation as families seek more space.
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 $2,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.