1097 Mineral Springs Road, Hamilton

$1,999,900
1097 Mineral Springs Road

$1,999,900

New
105d
Detached2-Storey

1097 Mineral Springs Road, Hamilton

Total Monthly Obligation $9,164

Beds
4
Baths
3
Park
8
Sqft
3000-3500
DOM
105d
Score
13
Yield
1.9%
Cash on Cash
-15.0%
Cap Rate
1.4%
5Y IRR
3.9%
10Y IRR
5.6%
Property Type-Detached
MLS® Number-X13549422
Beds-4
Bathrooms-3
Size-3000-3500 sqft
Lot Size-230.89 × 147.49 ft
Listed on site-Jul 10, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$8,669 (2025)
Parking-10 - Attached
Basement-Full, Finished
Heating-Forced Air (Propane)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick, Board & Batten
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Ancaster
Title-Residential Freehold

No agent assigned

Set in the picturesque Hamlet of Mineral Springs, one of Ancaster's most sought-after rural communities, this custom-built modern farmhouse offers a rare combination of luxury living, privacy, and versatility on nearly one acre surrounded by nature and wildlife. Offering over 5,000 sqft. of finished living, the home features expansive principal rooms, 9-foot ceilings on the main level, and beautiful pine and maple flooring throughout. Designed for both everyday living and entertaining, the inviting great room is anchored by a wood-burning fireplace with built-in shelving, adding warmth and character to the home. The updated farmhouse kitchen blends timeless style with modern function, complete with quartz countertops, stainless steel appliances, and stunning Indian slate flooring. The home offers four bedrooms, including a versatile main-level office that can easily function as the fourth bedroom - ideal for guests, multi-generational living, or those working from home. Upstairs, you'll find three spacious bedrooms and two full bathrooms, including a private primary retreat featuring an electric fireplace, walk-in closet with laundry, ensuite bathroom, and a balcony overlooking the property. The fully finished lower level o?ers additional living space with room for recreation, workshops, hobbies, and plenty of storage. A standout feature of the property is the 800 sqft. heated workshop with hydro and water, offering incredible flexibility for hobbyists, entrepreneurs, creatives, or additional entertaining space. Mature trees, peaceful surroundings, and direct access to conservation create a setting that feels private and secluded while remaining close to everyday amenities. Located just steps from Dundas Valley Conservation trails and only minutes to downtown Ancaster, including the Hamilton Golf & Country Club, Ancaster Tennis Club, and convenient highway access, this is a truly unique opportunity to enjoy refined country living without sacrificing convenience.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,599,920
Land Transfer Taxes$36,473
Legal Fees (Est.)
$
Total cash required for closing$437,953

Total Monthly Obligation

$9,164/mo
Mortgage $8,067
Monthly Loss $7,042
Principal$2,123
Interest$5,944
Property Tax$722
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.5%0
5-Year IRR
1.9%5
10-Year IRR
4.4%
Returns Index
3.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,400/yr
NOI
$21,391/yr
Net Cash Flow
-$6,284/mo
Cash Margin
-196.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.222
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
12.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1097 Mineral Springs Road

Time

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Data last updated within the past 24 hours.