31 Rianna Court, Hamilton

Price: $1,149,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13167470

PRICED TO SELL. VERY MOTIVATED SELLER. Built by Tuscany Homes in 2012 in the beautiful Paradise Meadows community, this well maintained 2-storey detached home is located on a quiet cul-de-sac in Hamilton's desirable Carpenter neighbourhood with a clear view of the park. Bright sun-filled interior with large windows allowing natural light to flow throughout the home. Approximately 2,141 sq ft featuring a functional family layout with a spacious living room with natural gas fireplace, separate dining area, and large kitchen with access to a private landscaped backyard. The second floor offers a primary bedroom with ensuite, three additional bedrooms, and convenient second floor laundry. The finished basement provides additional living space including a recreation room with bar, bedroom, and bathroom. Basement flooring replaced in 2024 and basement bathroom renovated in 2024. Hot tub connection also available in backyard. Private double driveway with attached 2 car garage and parking for up to 6 vehicles. Close to parks, schools, and public transit.

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$1,149,000 - 31 Rianna Court, Hamilton

Detached for Sale in Hamilton

44 days on market

Neighbourhood: Carpenter

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13167470
Property Type
Detached
Status
active
Days on Site
44
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hamilton
Lot Size
4,919 sqft
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

PRICED TO SELL. VERY MOTIVATED SELLER. Built by Tuscany Homes in 2012 in the beautiful Paradise Meadows community, this well maintained 2-storey detached home is located on a quiet cul-de-sac in Hamilton's desirable Carpenter neighbourhood with a clear view of the park. Bright sun-filled interior with large windows allowing natural light to flow throughout the home. Approximately 2,141 sq ft featuring a functional family layout with a spacious living room with natural gas fireplace, separate dining area, and large kitchen with access to a private landscaped backyard. The second floor offers a primary bedroom with ensuite, three additional bedrooms, and convenient second floor laundry. The finished basement provides additional living space including a recreation room with bar, bedroom, and bathroom. Basement flooring replaced in 2024 and basement bathroom renovated in 2024. Hot tub connection also available in backyard. Private double driveway with attached 2 car garage and parking for up to 6 vehicles. Close to parks, schools, and public transit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,082.41/mo

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5%20%50%

5-yr fixed avg.

Principal: $919,200Interest: $605,524
Mortgage Amount$919,200
Total Interest$605,524
Est. Property Tax$814/mo
Total Cost$1,524,724

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Carpenter

Discover Carpenter

Carpenter is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Carpenter

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Carpenter offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

31 Rianna Court, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$814
Insurance (est.)-$239
Net Cash Flow+$2,647

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $575/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 44 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Carpenter

I know Carpenter well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    31 Rianna Court, Hamilton | $1,149,000 | Battaglia Team