$3,495,000 - 18 Elder Crescent, Hamilton
Detached for Sale in Hamilton
Popular Listing- MLS Number
- X13231204
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Hamilton
- Lot Size
- 2 sqft
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
Experience unparalleled luxury in this fully renovated, nearly 7,000 sqft custom-designed executive home on a stunning 2.5-acre property in one of Ancaster's most exclusive enclaves. Surrounded by nature yet minutes from city conveniences, this home blends upscale living with serene privacy-you have to see it to believe it. New stone walkways and lush greenery create exceptional curb appeal. Inside, every detail has been meticulously crafted to maximize space and functionality. Upon entering, you're immediately captivated by the grand 'Scarlett O'Hara' staircase. The main level boasts formal living and dining areas, a private office, and two powder rooms. The spacious custom laundry/mudroom features garage access and a second staircase to the basement. The elegant family room is a true focal point, with a Valor gas fireplace and a stone feature wall. The gourmet eat-in kitchen is equipped with top-of-the-line appliances, custom cabinetry, granite countertops, and stone accents. Rich hardwood, marble tiles, and high-end fixtures flow throughout. Upstairs, the primary suite is a private oasis featuring a spa-inspired 5-piece ensuite with a curbless glass shower and a deep soaker tub, as well as an expansive walk-in dressing room with custom built-ins. Three additional bedrooms and two beautifully updated baths complete the upper level. The newly renovated walkout basement is the ultimate entertainment hub, offering a fifth bedroom, full bathroom, and a stylish kitchenette or wet bar. Relax in the media area with a Valor fireplace or workout in the state-of-the-art gym. Step outside to a private patio with a hot tub-perfect for unwinding in nature. This level also offers excellent in-law suite potential. Outside, serene ponds and breathtaking views create a peaceful, cottage-like atmosphere. A multi-tiered deck extends the home's living space, ideal for dining and entertaining. The expansive yard completes this one-of-a-kind luxury retreat.
Estimate your monthly payments for this property
Estimated Payment
$15,459.56/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 Hamilton
Hamilton 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 Hamilton
- •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
Hamilton 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.
18 Elder Crescent, 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
Fair Market Value
At $999/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 3,500 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 5 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 6 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.
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 $14,563 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.