173 Terrence Park Drive, Hamilton, ON

$1,250,000
MLS#:X9011868
3 beds
3 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Sidesplit 4 detached located in the coveted neighborhood of Ancaster. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,250,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 75.16 x 200.52 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via wood

Description

Located in Ancaster's Oakhill neighbourhood, 173 Terrence Park is walking distance to downtown shopping, businesses, schools, parks, conservation areas, and hiking trails. This lovely 3-bedroom, 3-bath home, situated on an oversized estate lot (75 x 200 feet), has been cherished by the original owner since 1962. Nestled in one of Ancasters most desirable and quiet courts, this home is an amazing place to call home. The large living and dining rooms lead to an open-concept great room, kitchen, and dinette with stupendous views of the incredible backyard. Hardwood floors grace the main, second, and lower levels of this light-filled home. There is a walk-out to the garage from the home, and a basement walk-out that opens to a large den/library with built-in shelves. The utility/workshop room is spacious and has a walk-up to the backyard. Upstairs, there are 3 good-sized bedrooms, including one with a built-in desk and workspace. Just under 2,100 sq. ft. of living space above grade. WOW

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Property Summary

This detached home located at 173 Terrence Park Drive, Hamilton is currently for sale and has been available on SousaSells for 741 days. This property is listed at $1,250,000 with an estimated mortgage of $4,161* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 173 Terrence Park Drive, Hamilton is in the Ancaster neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 11, 2024
Sold price information is available to members only
Listed Date7/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 4
ConstructionBrick, Stone
BasementFinished, Full
Lot Size75.16 × 200.52 Feet
CountyHamilton
Annual Tax$7,018.65
Legal DescriptionLT 68, PL 783 ; ANCASTER (AMENDED 08/08/00 BY LR2) CITY OF HAMILTON

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceWood
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Level, Wooded/Treed

Interior Features

None

Security Features

Community Features

Location

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173 Terrence Park Drive, Hamilton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 173 Terrence Park Drive, Hamilton, ON L9G 1C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.

Configure Loan Settings

Interest Rate4.00%
Down Payment$375,000 (30.0%)
* Minimum Canadian down payment required for this price is $250,000.
Amortization Period30 Years
Estimated Monthly Payment$4,161Based on a loan of $875,000 over 30 years.
Purchase Price$1,250,000
Loan Amount$875,000
Provincial Land Transfer Tax:$21,475
Total Estimated Closing Taxes:$21,475

About Purchasing a Home in Hamilton, ON

For a property listed at $1,250,000 in Hamilton, the legal minimum down payment is $250,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,475 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ancaster, Hamilton.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,414,890

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Vincent de Paul
Public295 Greencedar Drive, Gurnett, Hamilton, Ontario, L9C 7M9
7.2
Gordon Price
Public11 Guildwood Drive, Gurnett, Hamilton, Ontario, L9C 7K2
3.6
St Teresa of Avila
Public171 San Remo Drive, Mountview, Hamilton, Ontario, L9C 6P8
4.9
Mountview
Public59 Karen Crescent, Mountview, Hamilton, Ontario, L9C 5M5
5.6
St Thérèse of Lisieux
Public1760 Garth Street, Carpenter, Hamilton, Ontario, L9B 2X5
7.1

Secondary Schools

Sir Allan MacNab
Public145 Magnolia Drive, Fessenden, Hamilton, Ontario, L9C 5P4
3.8
St. Thomas More
Catholic1045 Upper Paradise Road, Falkirk East, Hamilton, Ontario, L9B 2N4
6.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.