Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

1046 Book Road W, Hamilton, ON L9G 3L1

2 beds · 3 baths · 1 kitchen · 7 rooms · 12 parking spaces · 2500-3000 sq ft · Laundry on the main level level · Farm
$5,910,000
Property tax
$10,672 / year

A Rare Opportunity in the Heart of Ancaster. Nestled beside the prestigious Knollwood Golf Course, this extraordinary 97.49ac farm presents a once-in-a-generation opportunity to own one of Ancaster's most remarkable rural estates. Whether you envision a thriving agricultural operation, an equestrian estate, a luxury country retreat, or a business w/ room to grow, this exceptional property offers endless possibilities. Ideal for a greenhouse operation, horse farm, retirement estate, trucking or landscaping business, vet clinic, or a custom family compound, the opportunities are limited only by your imagination. Approx 60ac of fertile farmland are currently being cultivated by a local farmer, providing both productive agricultural land & income potential. The rich soil & expansive acreage create an outstanding foundation for sustainable farming, crop production, livestock, or other commercial agricultural ventures. The property feat 2 det homes, each offering approx 2,000sqft of living space, making it ideal for multi-generational living, staff accommodations, or rental income. Equestrian enthusiasts will appreciate the indoor riding arena, multiple barns, stables & extensive riding trails that wind around the perimeter of the property. A picturesque large pond enhances the natural beauty of the landscape, creating a peaceful setting for recreation and relaxation. Despite its private country setting, this exceptional estate is just mins from shopping, schools, major hwy access & all of Ancaster's amenities, offering the perfect balance of rural tranquility & urban convenience. An exceptional offering where luxury, lifestyle, agriculture & investment potential come together on nearly 100 ac in one of Ancaster's most desirable locations.

MLS number
X13560912
Type
Farm
Status
Active
Bedrooms
2
Bathrooms
3
Postal code
L9G 3L1
Photos
50
Laundry
Main Level level
62days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Christadelphian Heritage CollegeElementary1.5 kmNot reported

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 483 people.

$120,000Median household income
83.9%Own their home
96.9%Detached houses
45.2Median age
14.7%Born outside Canada
19.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35250928 — the few blocks around this address, home to 483 people. It describes the area, not this property.

483Population
42.6Average age
3Household size
$152,000Average household income
$120,000Median household income
84%Own their home
16%Rent
0%Condominiums
15%Born outside Canada
19%University degree
$1,060,000Average home value
8%Low income
29%Not in the labour force
26%Never married
$45,000 to $49,9992%
$50,000 to $59,9992%
$60,000 to $69,9996%
$70,000 to $79,9994%
$80,000 to $89,9992%
$90,000 to $99,9994%
$100,000 and over39%
$100,000 to $124,99910%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over12%

Percentages are of the 245 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$1,182,000 · minimum here is $1,182,000
$26,168.20per month
Borrowed before insurance$4,728,000
Total borrowed$4,728,000
Interest over 25 years at 4.5%$3,122,460

If you rented it out

-$27,057.53per month out of pocket
Rent$0.00
Everything it costs to hold$27,057.53
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX ESCARPMENT FRANK REALTY. Listing data provided by the Toronto Regional Real Estate Board.