50 EAST CREST, Hamilton (Ancaster), Ontario, L9G2P2

Property Description

Exceptional opportunity offering multiple paths to ownership on a premium 18,000+ sq. ft. lot, tucked away on a secluded, quiet court in prestigious Ancaster. The property is ready to build, with sewer, storm, and water lines already upgraded. The existing home has been stripped to the studs, providing flexibility to renovate or proceed with fully approved permits to construct a 5,488 sq. ft. two-storey luxury residence. Permits, architectural plans, and supporting documentation are available, allowing buyers to avoid lengthy approval timelines. An ideal opportunity for end-users, renovators, or builders. This property backs onto a recent luxury $4mil+ home. Option 1 - Renovate (As-Is): Purchase at list price and renovate a true blank canvas. Major demolition has been completed, enabling work to begin immediately. Strong upside potential on a premium lot. Property sold as-is, where-is. Option 2 - Build New (Approved Permits): Shovel-ready opportunity with fully approved permits for a 5,488 sq. ft. luxury home. Skip the typical 12-18 month approval process and proceed directly to construction. Existing structure may be removed or incorporated at buyer's discretion. Option 3 - Turnkey Luxury (Design-Build): Secure the lot and approved permits and proceed with a turnkey luxury build through the current builder. Buyers may customize finishes and select design elements. Inquire for build pricing and timelines. Unbeatable location just a short walk to Hamilton Golf & Country Club, and minutes to Highway 403, Meadowlands shopping, and all Ancaster amenities. Please use caution when showing. Property under renovation. Flashlight required. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: Bungalow
• Bedrooms: 0
• Bathrooms: 0
• Ownership: Freehold
• Attached: No
• Parking: 6 spaces (No Garage)
• Frontage: 50 ft (15.2 m)

Costs

• Annual Taxes: $5,500.00 (2025)

Listing Provided by: CREA DDF® Member Brokerage
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.