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Listed 18 days ago

961 Lower Lions Club Road

Rural Ancaster, Hamilton

$1,295,000

Detached|1 1/2 Storey
2 | 2 | 7
About this home

WOW! Welcome to this fabulous property! 961 Lower Lions Club Road has the convenience of living in Ancaster with the joy of living on the edge of Town! This fabulous 3.16 acre property snuggles up to the tributary of Ancaster Creek and fronting on to Lower Lions Club Road on the southside, offering many uses and your creative ideas. The home is a detached 1-1/2 storey approximately 1467 square feet, 2 bedroom 2 bathroom home, single car garage and parking for 6-10 cars, with a huge multi-level 30 foot x 50 foot barn for your own use, be creative i.e. workshop, studio, home office, garage and many other possibilities, fabulous location near Conservation areas, Tiffany Falls Conservation, McMaster Forest Nature Preserve, Wentworth Sports Complex, Ancaster Sports Centre, just a short drive to McMaster Hospital & MAC University, your favorite amenities, fabulous local shopping and some great restaurants, a great creative opportunity for you!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$5,437
Lot Size93 ft x 374.67 ft
mls© NumberX13799024
Listed ByROYAL LEPAGE STATE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,628
Property tax
$453
Heat allowance
$150
Housing costs
$7,231 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $259,000
25-yr amortization

Income needed

$223,000

gross annual household income

Payment at 4%
$5,450 / mo
Cash down
$259,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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