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New1 day ago

341 Rexford Drive

Randall, Hamilton

$599,000

Detached|Backsplit 3
3 | 2 | 4
About this home

Welcome to the fully upgraded Detached Backsplit in the quiet, family-friendly Randall neighbourhood of Hamilton. Ideally located near major highways (One minuted drive to Lincoln M. Alexander Parkway), Lime Ridge Mall, Mohawk College, McMaster University, schools and 20 min To Costco. Inside, The property features 2 separate self-contained units, each with its own kitchen, bathroom, and laundry-ideal for rental income or multi-family living, you'll find spacious living areas with hardwood flooring, an upgraded kitchen equipped with new stainless-steel appliances, and a stylish updated bathroom featuring a freestanding soaking tub. Separate Laundry To Main Floor, The private outdoor space includes a fully functional in-ground swimming pool, landscaped backyard, outdoor deck, large storage area, and a large driveway to park for up to 4 vehicles. Key Features:2 separate units (1+1 kitchens, 2 bathrooms, 2 laundry)Walk-out basement New appliances & upgraded finishes Freestanding soaking tub + updated washroom Private pool & landscaped backyard Outdoor deck + large storage4-car driveway parking Perfect for families or investors looking for a property with strong income potential in a prime location

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,384
Lot Size41 ft x 99.98 ft
mls© NumberX13687064
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,066
Property tax
$449
Heat allowance
$150
Housing costs
$3,665 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,800
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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