Lot 11 Miller Drive, Hamilton

Price: $1,495,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12556912

Welcome to LOT #11 Millers Drive Ancaster. This luxurious 1550 Sqft bungalow, where elegance meets comfort. With 10-foot ceilings and hardwood flooring throughout, this home exudes sophistication. The custom-built kitchen, complete with granite countertops, is a culinary haven. Three spacious bedrooms, including a master suite with an ensuite bathroom, offer relaxation and privacy. With three full bathrooms, convenience is paramount. The property features a two-car garage and sits on a generous 50 by 115 lot. Experience the epitome of refined living in this stunning residence, where luxury and style harmonize effortlessly.

Lot 11 Miller Drive - Detached photo 1 of 14 in Hamilton, Ontario
Lot 11 Miller Drive - Detached photo 2 of 14 in Hamilton, Ontario
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Lot 11 Miller Drive - Detached photo 8 of 14 in Hamilton, Ontario
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Lot 11 Miller Drive - Detached photo 10 of 14 in Hamilton, Ontario
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$1,495,000 - Lot 11 Miller Drive, Hamilton

Detached for Sale in Hamilton

137 days on market
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12556912
Property Type
Detached
Status
active
Days on Site
137
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to LOT #11 Millers Drive Ancaster. This luxurious 1550 Sqft bungalow, where elegance meets comfort. With 10-foot ceilings and hardwood flooring throughout, this home exudes sophistication. The custom-built kitchen, complete with granite countertops, is a culinary haven. Three spacious bedrooms, including a master suite with an ensuite bathroom, offer relaxation and privacy. With three full bathrooms, convenience is paramount. The property features a two-car garage and sits on a generous 50 by 115 lot. Experience the epitome of refined living in this stunning residence, where luxury and style harmonize effortlessly.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,612.89/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,196,000Interest: $787,867
Mortgage Amount$1,196,000
Total Interest$787,867
Est. Property Tax$1,059/mo
Total Cost$1,983,867

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

Lot 11 Miller 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)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,059
Insurance (est.)-$311
Net Cash Flow+$1,430

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

Fair Market Value

At $997/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.

Negotiation Opportunity

At 137 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.

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 $6,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    Lot 11 Miller Drive, Hamilton | $1,495,000 | Battaglia Team