347 Clarendon Drive, Hamilton

Price: $819,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X12845468

Experience the charm of a home held and cherished by the same family for 58 years. This home sits on a generous corner lot in a quiet, highly sought after enclave in Old Ancaster. This property features original hardwood flooring, a gas fireplace, built-in cabinetry in the dining room, second bedroom & front entrance. With three comfortable bedrooms and a large recreation room in the basement featuring oversized windows that offers ample natural light there is plenty of space for a growing family to settle in and make their own memories. The location of this property is truly unparalleled. Tucked away for peace and quiet, you are just steps from incredible access to the Ancaster Radial Trail, making morning hikes and weekend bike rides an effortless part of your routine. The lifestyle here is defined by convenience. You can enjoy a short scenic walk to downtown Ancaster to explore local boutiques and cafes or head over to the vibrant farmers market in the summer for fresh local finds. Return home to relax on your private covered back patio, which overlooks a beautifully landscaped, tree lined yard complete with a handy storage shed. This is a special chance to plant roots in one of Ancaster's most established and walkable neighborhoods.

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$819,000 - 347 Clarendon Drive, Hamilton

Detached for Sale in Hamilton

103 days on market
3Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X12845468
Property Type
Detached
Status
active
Days on Site
103
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Experience the charm of a home held and cherished by the same family for 58 years. This home sits on a generous corner lot in a quiet, highly sought after enclave in Old Ancaster. This property features original hardwood flooring, a gas fireplace, built-in cabinetry in the dining room, second bedroom & front entrance. With three comfortable bedrooms and a large recreation room in the basement featuring oversized windows that offers ample natural light there is plenty of space for a growing family to settle in and make their own memories. The location of this property is truly unparalleled. Tucked away for peace and quiet, you are just steps from incredible access to the Ancaster Radial Trail, making morning hikes and weekend bike rides an effortless part of your routine. The lifestyle here is defined by convenience. You can enjoy a short scenic walk to downtown Ancaster to explore local boutiques and cafes or head over to the vibrant farmers market in the summer for fresh local finds. Return home to relax on your private covered back patio, which overlooks a beautifully landscaped, tree lined yard complete with a handy storage shed. This is a special chance to plant roots in one of Ancaster's most established and walkable neighborhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,201.89/mo

Includes CMHC insurance ($22,850)

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5-yr fixed avg.

Principal: $737,100Interest: $500,618
Mortgage Amount$759,950
Total Interest$500,618
Est. Property Tax$580/mo
Total Cost$1,260,568

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

347 Clarendon Drive, 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$580
Insurance (est.)-$171
Net Cash Flow+$2,049

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

Premium Pricing

At $1170/sqft, this property is priced above the Hamilton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 103 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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 $3,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    347 Clarendon Drive, Hamilton — $819,000 | Battaglia Team