340 Clarendon Drive, Hamilton

$1,199,999
340 Clarendon Drive

$1,199,999

New
3d
DetachedBungalow

340 Clarendon Drive, Hamilton

Total Monthly Obligation $5,696

Beds
2
Baths
3
Park
4
Sqft
1100-1500
DOM
3d
Score
15
Yield
3.0%
Cash on Cash
-10.8%
Cap Rate
2.3%
5Y IRR
7.1%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-X14100622
Beds-2
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50 × 105.76 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,764 (2026)
Parking-5 - Attached
Basement-Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REALTY PLUS OAKVILLE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Ancaster
Title-Residential Freehold

No agent assigned

Nothing left to do. Renovated with no expense spared, offering nearly 2,500 sq ft of finished living space in downtown Ancaster. Every original mechanical system has been replaced: wiring & panel (2019), plumbing (2019), most windows (2019), central air (2019), roof (2020). True plaster walls, stuccoed exterior, carpet-free (except stair runner). Front entry opens to a bright open-concept living/dining/kitchen anchored by a spectacular island and cozy gas fireplace. Sun room leads to the deck, stepping down to a stone patio with a 2021 hot tub under a covered gazebo. Two bedrooms on the main floor including a primary suite with spa-inspired ensuite, plus powder room with laundry tucked away. Hunter Douglas blinds, motorized in bedrooms. Finished lower level adds a full bath and generous living space - rec room, gym or home office - with a split back entrance. Insulated garage with epoxy floors and direct house/side-yard entry, plus a detached insulated workshop with hydro. The Ancaster Radial Trail is at your doorstep, linking to the Hamilton-Brantford Rail Trail and the Trans Canada Trail network. Walk to shops, cafés and restaurants. Owned hot water tank. Furnace 2008.

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

Closing Costs

Mortgage Amount
$959,999
Land Transfer Taxes$20,475
Legal Fees (Est.)
$
Total cash required for closing$261,975

Total Monthly Obligation

$5,696/mo
Mortgage $4,840
Monthly Loss $4,422
Principal$1,274
Interest$3,567
Property Tax$480
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.5%10
10-Year IRR
6.4%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$35,544/yr
NOI
$21,726/yr
Net Cash Flow
-$3,030/mo
Cash Margin
-102.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.8/ 100

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

Comparables

Properties near 340 Clarendon Drive

Time

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