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Property Description
Very rare opportunity to purchase an oversized 85ft x 250ft property on the upper portion of Ancaster's most coveted streets - Lovers Lane. This property is just shy of 0.50acres, easy walking distance to local shops, and comes with plenty of mature trees with privacy. This property is the perfect choice for someone looking to build their dream home and still have a beautiful private backyard. Size of the home could be upwards of 8000sq/ft due to the large property size. Currently situated on the property is a charming 3 bedroom 1.5 bathroom bungalow with plenty of space for a family. Main floor offers a convenient layout with multiple entertaining/relaxing areas with overlooking views of the park-like rear yard. Don't wait on this one - they don't get offered often and its one of the last of its kind!
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Property Features
Rec Centre, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
85' x 250'
Fronting
East
Taxes
$6,877 (2024)
Basement
Part Bsmt, Part Fin
Exterior
Alum Siding, Stone
Heat Type
Forced Air
Heat Source
Wood
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Lane
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Main | 8.89' x 12.70' | |
Family | Main | 8.92' x 12.70' | |
Kitchen | Main | 8.30' x 12.70' | |
Dining | Main | 9.51' x 11.19' | |
Living | Main | 12.40' x 17.72' | |
Br | Main | 7.12' x 9.28' | |
Br | Main | 9.81' x 10.50' | |
Prim Bdrm | Main | 10.10' x 11.15' | |
Bathroom | Main | 6.00' x 7.61' | 4 Pc Bath |
Utility | Bsmt | 25.00' x 11.52' | |
Rec | Bsmt | 25.00' x 8.89' | |
Bathroom | Bsmt | 4.79' x 6.40' | 2 Pc Bath |
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Hamilton Market Statistics
Hamilton Price Trend
53 Lovers Lane is a 3-bedroom 2-bathroom home listed for sale at $1,874,900, which is $1,095,055 (140.4%) higher than the average sold price of $779,845 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $29,036 (3.9%) compared to the previous 30 day period (October 19 - November 17) and up $24,406 (3.2%) from the same time one year ago.Inventory Change
There were 204 3-bedroom homes listed in Hamilton over the last 30 days (November 18 - December 17), which is down 40.4% compared with the previous 30 day period (October 19 - November 17) and up 29.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($22,571) (2.9%) below asking price over the last 30 days (November 18 - December 17), which represents a $4,973 decrease compared to the previous 30 day period (October 19 - November 17) and ($24,222) more 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 3-bedroom homes in Hamilton over the last 30 days (November 18 - December 17) stood at 93.1%, up from 73.7% over the previous 30 days (October 19 - November 17) and up from 73.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 34 days when successfully sold over the last 30 days (November 18 - December 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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