41 Darlington Drive, Hamilton

$679,900
41 Darlington Drive

$679,900

New
37d
DetachedBacksplit 4

41 Darlington Drive, Hamilton

Total Monthly Obligation $3,538

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
37d
Score
18
Yield
4.8%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X13789834
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-44.64 × 100 ft
Listed on site-Sep 16, 2026
Style-Backsplit 4
Building Type-Detached
Age-51-99
Taxes-$5,045.44 (2025)
Parking-4 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Rec Room
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Not Applicable
Sewer-Sewer
Possession-Flexible
Neighbourhood-Gilbert
Title-Residential Freehold

No agent assigned

Pride of ownership is evident throughout this beautifully maintained 3 bedroom, 1.5 bathroom, 4-level backsplit, lovingly cared for by the same family for over 50 years. Offering 1128 sq ft above grade plus a fully finished lower level, this home features a bright main level with hardwood flooring, spacious living & dining rooms, and an updated kitchen with white cabinetry, stainless steel appliances & a side entrance providing direct access to the lower levels - plenty of potential. The upper level offers 3 generous bedrooms with hardwood flooring and a 4-pc bath with a jetted tub. In the lower level, the expansive recreation room is perfect for entertaining, complete with a cozy gas fireplace, unique curved wet bar & 2-pc bath. The basement level adds exceptional flexibility with a second kitchen (in-law potential), laundry, utility area & abundant storage. Outside, enjoy a freshly sodded backyard with a covered concrete patio, ideal for relaxing or entertaining. Double-wide concrete driveway with parking for 4 vehicles. Notable updates include lighting fixtures, front windows (2019), central air (2020), roof shingles (2023), fresh paint (2026) & more. Situated on Hamilton's desirable West Mountain, close to schools, parks, shopping, restaurants, public transit, Ancaster's Meadowlands & quick access to the LINC, Highway 403 Red Hill Valley Parkway & QEW.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$543,920
Land Transfer Taxes$10,073
Legal Fees (Est.)
$
Total cash required for closing$147,553

Total Monthly Obligation

$3,538/mo
Mortgage $2,743
Monthly Loss $2,816
Principal$722
Interest$2,021
Property Tax$420
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%26
10-Year IRR
9.4%
Returns Index
14.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,304/yr
NOI
$19,528/yr
Net Cash Flow
-$1,115/mo
Cash Margin
-41.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 41 Darlington Drive

Time

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