20 Gristmill Place, Hamilton

Price: $1,299,900

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X12915490

Tucked away on a quiet street in Ancaster's sought-after 'Miller's Pond', this impressive 4 bdrm, 2.5 bath home offers the perfect blend of space, functionality, & lifestyle. The home welcomes you w/ an attractive exterior facade feat brick, stone, & stucco, complemented by a covered front porch & surfaced parking for 4 cars. A spacious 2 car grg w/ inside entry adds everyday convenience. Step inside to a grand foyer w/ soaring ceilings that immediately sets the tone. The main lvl offers a thoughtful layout designed for both daily living & entertaining. A formal liv rm w/ an electric FP provides a warm, inviting space, while the formal din rm is ideal for hosting gatherings. The spacious kitch is beautifully appointed w/ S/S app, granite, undermount lighting, & a convenient dinette w/ sliding doors to the rear yard. The kitch flows seamlessly into a lrg fam rm w/ vaulted ceilings, creating an open & connected living space. Additional main lvl highlights incl a private office, a powder rm, & laundry facilities. Upstairs, the primary retreat feat a walk-in closet & a well-appointed 4-pc ensuite feat granite countertops, a stand-up shower, & an oversized corner soaker tub. 3 additional bdrms are all generously sized & share a 4-pc bath w/ granite. The home feat engineered hrdwd flrs throughout, adding warmth, elegance, & a cohesive finish to the living spaces. The unspoiled bsmt presents a blank canvas, offering a variety of possibilities. The rear yard is truly an entertainer's dream, feat an in-ground saltwater heated pool, a hot tub w/ gazebo cover, multiple seating areas, & low-maintenance artificial turf. Located in a quiet, family-friendly pocket of Ancaster, this home offers proximity to top-rated schools, scenic conservation areas, walking trails, & golf courses. Enjoy easy access to shopping, dining, & amenities, along w/ convenient highway access. Miller's Pond is known for its peaceful setting while still being close to everything Ancaster has to offer.

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$1,299,900 - 20 Gristmill Place, Hamilton

Detached for Sale in Hamilton

83 days on market
4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X12915490
Property Type
Detached
Status
active
Days on Site
83
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Tucked away on a quiet street in Ancaster's sought-after 'Miller's Pond', this impressive 4 bdrm, 2.5 bath home offers the perfect blend of space, functionality, & lifestyle. The home welcomes you w/ an attractive exterior facade feat brick, stone, & stucco, complemented by a covered front porch & surfaced parking for 4 cars. A spacious 2 car grg w/ inside entry adds everyday convenience. Step inside to a grand foyer w/ soaring ceilings that immediately sets the tone. The main lvl offers a thoughtful layout designed for both daily living & entertaining. A formal liv rm w/ an electric FP provides a warm, inviting space, while the formal din rm is ideal for hosting gatherings. The spacious kitch is beautifully appointed w/ S/S app, granite, undermount lighting, & a convenient dinette w/ sliding doors to the rear yard. The kitch flows seamlessly into a lrg fam rm w/ vaulted ceilings, creating an open & connected living space. Additional main lvl highlights incl a private office, a powder rm, & laundry facilities. Upstairs, the primary retreat feat a walk-in closet & a well-appointed 4-pc ensuite feat granite countertops, a stand-up shower, & an oversized corner soaker tub. 3 additional bdrms are all generously sized & share a 4-pc bath w/ granite. The home feat engineered hrdwd flrs throughout, adding warmth, elegance, & a cohesive finish to the living spaces. The unspoiled bsmt presents a blank canvas, offering a variety of possibilities. The rear yard is truly an entertainer's dream, feat an in-ground saltwater heated pool, a hot tub w/ gazebo cover, multiple seating areas, & low-maintenance artificial turf. Located in a quiet, family-friendly pocket of Ancaster, this home offers proximity to top-rated schools, scenic conservation areas, walking trails, & golf courses. Enjoy easy access to shopping, dining, & amenities, along w/ convenient highway access. Miller's Pond is known for its peaceful setting while still being close to everything Ancaster has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,749.90/mo

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5-yr fixed avg.

Principal: $1,039,920Interest: $685,049
Mortgage Amount$1,039,920
Total Interest$685,049
Est. Property Tax$921/mo
Total Cost$1,724,969

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: Hamilton

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

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

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.

70
Walk Score
Varies
Price Range

20 Gristmill Place, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$921
Insurance (est.)-$271
Net Cash Flow+$2,358

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

Competitive Pricing

At $520/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.

Negotiation Opportunity

At 83 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.

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.

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 $5,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    20 Gristmill Place, Hamilton — $1,299,900 | Battaglia Team