353 Sulphur Springs Rd

FOR SALE
$4,999,000
353 Sulphur Springs Rd, Hamilton
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5 + 2
BEDROOMS
7
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
X8298458
MLSID
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Property Description
A truly magnificent 1870 estate! Fully restored in the last six years, this stunning home sits on over 5.5 rolling acres in Ancaster's most desirable enclave overlooking the Dundas Valley. The quality of the restoration, the preservation of heritage features, and the infusion of modern updates is remarkable. Boasting renovated bathrooms, kitchen, new windows, plumbing, electrical, HVAC, generator, steel roof, and more it's clear that no expense was spared. New spray foam insulation throughout, coupled with all-new exterior stucco make the home tremendously energy efficient. The breathtaking entry foyer is adorned with lavish wood finishes and a grand staircase. The main floor living room is massive, and anchored by an imposing floor-to-ceiling stone fireplace with large gas insert. The floor also offers an office, formal dining room, two washrooms, walk-in pantry, and a gorgeous eat-in kitchen with sliding doors to a covered stone patio. The second floor is accessible via both the grand staircase and the new elevator. A large central hallway leads to a laundry room, three shared bathrooms, and five bedrooms (two with ensuites) including the sprawling primary suite. The third floor is also served by the elevator, making it ideal for an in-law suite. Currently set up with a bedroom and large common area, this floor is ready to finish as desired, with plumbing roughed-in for a kitchen and additional washroom. A finished basement completes the home, equipped with two bedrooms and its own separate entrance, offering potential for another suite. Surrounding this incredible house are more than 5.5 private acres of rolling land. Toward the back of the lot is an in-ground swimming pool awaiting reactivation. A large detached stone garage and a barn/workshop provide space for a wide variety of uses. Situated in perhaps the most desirable pocket in Ancaster, this impeccable estate offers modern features and historic character with the perfect balance of land and location
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-25 2024-01-31 98 $4,999,000 - Terminated
2023-10-25 2024-01-31 98 $4,999,000 - Suspended
2023-10-25 2023-12-20 56 $4,999,000 - Suspended
Property Features
Fenced Yard, Grnbelt/Conserv, Ravine, Wooded/Treed
Property Details
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
5000+
Lot Size
627' x 500'
Acreage
5-9.99
Fronting
East
Taxes
$17,637 (2023)
Basement
Finished, Part Bsmt
Exterior
Concrete, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Elevator
Yes
Parking Spaces
8
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain22.24' x 26.41'Fireplace
DiningMain15.26' x 20.08'Fireplace
KitchenMain15.09' x 23.00'
Prim Bdrm2nd14.50' x 19.09'4 Pc Ensuite, W/I Closet, Fireplace
Bathroom2nd8.07' x 12.50'4 Pc Ensuite, Double Sink
2nd Br2nd8.92' x 12.93'
3rd Br2nd10.40' x 12.17'
4th Br2nd12.17' x 14.34'
5th Br2nd12.99' x 15.68'3 Pc Ensuite
Br3rd13.58' x 20.67'
BrBsmt11.84' x 13.16'
BrBsmt9.25' x 11.09'
Hamilton Market Statistics
Hamilton Price Trend
353 Sulphur Springs Rd is a 5-bedroom 7-bathroom home listed for sale at $4,999,000, which is $3,844,206 (332.9%) higher than the average sold price of $1,154,794 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $209,088 (15.3%) compared to the previous 30 day period (March 15 - April 13) and up $115,588 (11.1%) from the same time one year ago.
Inventory Change
There were 51 5-bedroom homes listed in Hamilton over the last 30 days (April 14 - May 13), which is up 59.4% compared with the previous 30 day period (March 15 - April 13) and up 183.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($50,657) (4.4%) below asking price over the last 30 days (April 14 - May 13), which represents a $19,892 increase compared to the previous 30 day period (March 15 - April 13) and $35,240 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Hamilton over the last 30 days (April 14 - May 13) stood at 33.3%, down from 53.1% over the previous 30 days (March 15 - April 13) and down from 83.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in Hamilton stood at 41 days when successfully sold over the last 30 days (April 14 - May 13), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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