



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,449,000
Ancaster
248 SOUTHCOTE Road, Ancaster, Ontario, L9G2W1
This 6-bedroom, 4-bathroom home in Ancaster is for sale offering roughly 4,459 sq ft of space. Its $1,449,000 asking price sits right in line with the $1,450,000 median in Ancaster. It has been on the market 22 days, fresher than the Ancaster average of 72 days.
Large Open Concept 1 Floor Bungalow 2,489 SF on Main Level. 6 Bedroom Home (3+3), Possible 2 Family Home with 1970 SF finished basement with seperate entrance through the garage, 10 ft ceilings, 3 Bedrooms, Bathroom, Theatre Rm., and storage area easily converted into kitchen space. Main level has a spacious open layout with high ceilings and some newer finishes. Walk out from the kitchen to a large rear fenced yard with covered deck and a large patio area. Patio and driveway are exposed aggregate concrete. Parking for 7 cars approximately including the 2 car attached garage (22 x 22 ft). Two gas Fireplaces. Numerous pot lights throughout. Great room with cathedral ceiling, 200 amp service, large basement theatre room. Appliances included. Newer furnace and water heater. Rood redone in 2017. Large spacious lot 82.5 x 161 ft that is well treed. Originally built by ValleyCrest Homes as a custom home in 2000. Location is near shopping, schools,restaurants, highway access, escarpment walking trails and senic village with vibrant community. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 22 days on market, against an average age of 72 days across the listings currently for sale in this city
This 6-bed single family in Ancaster has been listed for 22 days, which is 50 days fresher than the city average of 72. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,449,000, about 10.5× the local median household income of $138,000.
Carrying it typically needs a household income of about $283,040 (20% down, 25-yr amortization, stress-tested) — roughly 105% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9G)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.