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Investment signal

$1,429,900

1266 SCENIC Drive

Save this home

Beds

3

Baths

2 full + 1 half

Sqft

Year

1890

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ancaster. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Set on just under 2 acres in prestigious Ancaster, this exceptional property presents a rare opportunity in a truly tranquil setting. Tucked well back from the road along Scenic Drive, the home offers outstanding privacy on an expansive 115 x 692 ft lot surrounded by mature trees and natural beauty. Rich in potential, this property is an ideal country home in the heart of the City with cove ceilings on the main floor, wood burning fireplace and a beautiful addition with large windows overlooking the backyard. Property is a canvas for renovators, builders, or those envisioning a custom dream home in one of Ancaster’s most sought-after locations. The setting alone makes this a standout investment opportunity. Key updates include A/C (2024), eavestroughs (2024), roof (2018) featuring GAF Timberline fiberglass shingles with a lifetime warranty, and windows (2010). Perfectly positioned within walking distance to the Escarpment trails and just minutes from Meadowlands shopping, Highway 403, and the Lincoln M. Alexander Parkway, this property offers a seamless blend of privacy, natural surroundings, and everyday convenience. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Community
422 - Ancaster Heights/Mohawk Meadows/Maywood
Common interest
Freehold
Living area
2,368 square feet
Lot size
1.84 acres
Lot dimensions
1.84
Bedrooms
3 above grade, 0 below grade
Parking
13 total
Stories
2
Fireplace
1
On market
Apr 16, 2026
Status changed
Apr 19, 2026
Annual tax
$6,275
Zoning
A
Photos
50
MLS#
40821658
Area
ANCASTER

Features and systems

Parking

Detached Garage

Basement

Partially finishedPartial

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowaveFreezerWindow Coverings

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

StuccoAluminum sidingBrick Veneer

Foundation

Poured Concrete

Community

Quiet Area
Negative cash flow ~$1,526/mo at these assumptions

Cash on cash

-6.40%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,757

Financing

Down payment$285,980
Loan amount$1,143,920
Mortgage$5,796/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$655
Insurance$80
Maintenance$1,192
CapEx reserve$596
Vacancy loss$358

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,796/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.

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