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Investment signal

$1,249,000

309 AMBERLY BOULEVARD

Beds

Baths

Sqft

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Year

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Location

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About this home

MUST SEE! 4+2 Bed, 4 Bath Detached Home on a Premium Corner Lot with Basement Apartment! Bright open-concept layout with hardwood floors, pot lights, a newly renovated basement with separate entrance with strong income potential, all in a prime location. Enjoy the large kitchen with quartz counters, S/S appliances, and ample cabinetry, overlooking the family room - great for everyday living and entertaining. Unique main floor full bath + bedroom option, perfect for accessible living, in-laws or multi-generational households. Upstairs offers 4 bedrooms, 7 closets, renovated baths (2025), and master with jacuzzi. Fully renovated in 2025, the walk-out basement is a turnkey rental unit with 2 large bedrooms, full kitchen, full laundry, family room, foyer, and private parking an excellent revenue-generating opportunity. Massive corner lot with pool-sized backyard, mature trees, landscaped garden, 6 parking spots and separate basement entrance with awning. Upgrades include: Full Basement Apartment (2025), 4 Bathrooms (2025), Backyard Fence (2025), Pot lights (2024). Prime location just 2 minutes to shops, parks, schools, and quick access to public transit & Hwy 403. Flexible Layout + Income Potential Make This a Rare Gem Move-In Ready with Room to Grow! (id:65958)

Subtype: Single Family
Structure: House
Community: Ancaster
Common interest: Freehold
Lot dimensions: 81.4 x 108.6 FT
Bedrooms: 4 above grade, 2 below grade
Parking: 8 total
Stories: 2
Fireplace: Yes
On market: Apr 7, 2026
Status changed: Apr 13, 2026
Annual tax: $7,409.23
Photos: 35
MLS#: X12962318
Area: HAMILTON_(ANCASTER)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedApartment in basementWalk outN/AN/A

Appliances

Central VacuumDishwasherDryerMicrowaveTwo stovesWindow CoveringsTwo WashersTwo Refrigerators

Heating

Heat PumpElectric

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Flooring

TileHardwoodLaminateCarpeted

Foundation

ConcretePoured ConcreteBrick

Negative cash flow ~$1,339/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.43%

Cap rate

3.58%

GRM

16.7

Break-even rent

$7,659

Financing

Down payment$249,800

Loan amount$999,200

Mortgage$5,063/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$572

Insurance$80

Maintenance$1,041

CapEx reserve$520

Vacancy loss$313

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.

Lifestyle nearby

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

Mortgage estimate

Estimated $5,063/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 13, 2026.