27 Rachel Drive 22, Hamilton

$699,999
27 Rachel Drive 22

$699,999

New
38d
Att/Row/Townhouse2-Storey

27 Rachel Drive 22, Hamilton

Total Monthly Obligation $3,549

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
38d
Score
19
Yield
4.9%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Att/Row/Townhouse
MLS® Number-X13794372
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-33.82 × 99 ft
Listed on site-Sep 15, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$4,200 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession--
Neighbourhood-Winona Park
Title-Residential Freehold

No agent assigned

Discover an exceptional opportunity to enjoy modern lakeside living in this beautifully appointed 2-storey townhouse, perfectly positioned just steps from Lake Ontario and directly across from a picturesque park. Built in 2022, this elegant residence offers approximately 1,580 sq ft of sophisticated living space above grade, complemented by an additional 700 sq ft of unfinished basement space with endless possibilities for future customization. Designed with both style and functionality in mind, the inviting main level welcomes you with a spacious foyer, convenient powder room, and direct access to the attached garage. The open-concept layout is enhanced by contemporary finishes, wide-plank flooring, and an abundance of natural light throughout. At the heart of the home, the sleek modern kitchen seamlessly connects to the expansive living and dining areas, creating an ideal setting for everyday living and effortless entertaining. Large sliding doors open to a private backyard with no rear neighbours, offering a peaceful outdoor retreat rarely found in townhouse living. The upper level features a spacious primary suite complete with a walk-in closet and a beautifully finished ensuite bath. Two additional generously sized bedrooms, a stylish full bathroom, and the convenience of second-floor laundry provide comfort and practicality for families and professionals alike. Set within a desirable waterfront community, residents enjoy easy access to scenic walking trails, parks, beaches, and local amenities, all while being surrounded by the natural beauty of the Lake Ontario shoreline. Combining contemporary design, quality construction, and an unbeatable location, this impressive home offers a lifestyle of comfort, convenience, and everyday luxury.

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

Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,549/mo
Mortgage $2,824
Monthly Loss $2,806
Principal$743
Interest$2,081
Property Tax$350
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$33,996/yr
NOI
$21,896/yr
Net Cash Flow
-$999/mo
Cash Margin
-35.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.6/ 100

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

Comparables

Properties near 27 Rachel Drive 22

Time

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