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$2,349,000

402 PROGRESTON ROAD

Beds

3

Baths

4.1

Sqft

Year

About this home

Welcome to your private country retreat on nearly 4 acres in the heart of Carlisle. From the moment you arrive, this property leaves a lasting impression with its winding driveway, lush natural surroundings, and timeless centre-hall design. Nestled on a quiet hill and surrounded by mature trees, this custom-built home offers an exceptional blend of craftsmanship, quality, and classic charm. The inviting front and covered side porches provide peaceful spaces to relax and take in the views. Inside, the home showcases maple hardwood flooring and a bright, open-concept layout designed for modern living. The kitchen is equipped with high-end stainless steel appliances, quartz countertops, and a large central island that flows seamlessly into the dining and living areas, perfect for both entertaining and everyday comfort. Just off the kitchen, a sunroom offers a serene spot to enjoy morning coffee while overlooking the greenery. The family room exudes warmth with its inviting fireplace and direct walkout to the backyard. Upstairs, the primary suite is a true retreat. Designed with spa-like comfort in mind, this space features a spacious layout, walk-in closets, and a luxurious en-suite bathroom complete with a glass shower, soaker tub, double vanity, and heated floors. The fully finished basement offers generous additional living space and ample storage, making it perfectly suited for a variety of needs. A standout feature of this property is the workshop, ideal for storage, projects, or equipment. Another highlight is the spacious, fully finished apartment above the double garage with a separate entrance, offering incredible potential for guests, in-laws, or rental income. This is a rare opportunity to own a truly versatile property in one of Carlisle's most picturesque locations. With premium finishes, thoughtful design, and expansive indoor and outdoor living spaces, this home delivers a lifestyle that's increasingly hard to come by. (id:65958)

Subtype
Single Family
MLS#
X12840868
Area
HAMILTON
Negative cash flow ~$4,459/mo at these assumptions

Cash on cash

-11.39%

Cap rate

3.61%

GRM

16.7

Break-even rent

$16,444

Financing

Down payment$469,800
Loan amount$1,879,200
Mortgage$11,529/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,077
Insurance$80
Maintenance$1,958
CapEx reserve$979
Vacancy loss$588

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $11,529/mo at 5.49% with 20% down, 25-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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