347 Raymond Road, Hamilton

$868,888
347 Raymond Road

$868,888

New
14d
Att/Row/Townhouse2 1/2 Storey

347 Raymond Road, Hamilton

Total Monthly Obligation $4,463

Beds
4
Baths
5
Park
1
Sqft
1500-2000
DOM
14d
Score
17
Yield
4.5%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13884874
Beds-4
Bathrooms-5
Size-1500-2000 sqft
Lot Size-19.69 × 105.35 ft
Listed on site-Oct 9, 2026
Style-2 1/2 Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$6,998.19 (2026)
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Rolled
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Meadowlands
Title-Residential Freehold

No agent assigned

What if a townhouse could give you the space and privacy you thought you had to buy a detached home to get, saving you close to 30%?Welcome to a rare opportunity in the heart of Meadowlands Ancaster where more than2,500+ sqft of total living space, four bedrooms, 4.5bathrooms, and the incredible convenience of two private ensuites come together in a home that is far more spacious than it appears from the outside. Built by Rosehaven in '23, this exceptional townhome offers something increasingly difficult to find: a generous lot(over 105 ft) with an enclosed backyard creating an impressive amount of private outdoor space rarely seen in newer townhome construction. Inside, contemporary design meets everyday comfort. Engineered hardwood flooring spans the main and second levels, complemented by light oak tones, sophisticated gold and matte black hardware, designer-inspired lighting, and a welcoming gas fireplace with floating oak shelves. The result is a polished, modern aesthetic that feels elevated without the price tag of a detached home. The professionally designed and finished basement, completed within the last year, adds even more valuable living space, including a beautifully appointed full bathroom with oversized tile and glass shower. Whether you need a recreation space, home office, guest area, or simply more room for the family, this home gives you flexibility on every level. And then there is the location. Living in the Meadowlands puts highway access, shopping, restaurants, schools, parks and everyday amenities close at hand, while the Meadowlands Power Centre makes errands remarkably convenient. For commuters and busy families alike, itis a location designed around real life.

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

Closing Costs

Mortgage Amount
$695,110
Land Transfer Taxes$13,853
Legal Fees (Est.)
$
Total cash required for closing$189,131

Total Monthly Obligation

$4,463/mo
Mortgage $3,505
Monthly Loss $3,541
Principal$922
Interest$2,583
Property Tax$583
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$38,724/yr
NOI
$23,353/yr
Net Cash Flow
-$1,559/mo
Cash Margin
-48.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.3/ 100

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

Comparables

Properties near 347 Raymond Road

Time

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Data last updated within the past 24 hours.