470 Beach Boulevard 65, Hamilton

$615,000
470 Beach Boulevard 65

$615,000

Price Change
44d
Condo Townhouse3-Storey

470 Beach Boulevard 65, Hamilton

Total Monthly Obligation $3,289

Beds
3
Baths
2
Park
2
Sqft
1400-1599
DOM
44d
Score
21
Yield
5.8%
Cash on Cash
-1.1%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Condo Townhouse
MLS® Number-X13758690
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 9, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$4,869 (2026)
Maintenance-$203/mo
Locker-None
Parking-3 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SERVICES INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Concrete
Possession-60-89 days
Neighbourhood-Hamilton Beach
Title-Residential Condo & Other

No agent assigned

Stunning and beautifully maintained townhome in prime Hamilton Beach location! Walk to the shore and enjoy listening to the waves and walking the beach! Fantastic location for commuters, minutes to the highway for heading east or west! This lovely home has had many updates, including new flooring throughout (except two bedrooms), quality laminate or LVP through most of the home. Good sized kitchen with new fridge, microwave & dishwasher, built-in cabinet in dining area, induction stove. 2 pc on main with new barn door, 2 large windows in living room with gas fireplace (new mantle and stonework), open to kitchen! New wood stairs and railings, updated main bath with new vanity, tub & shower. Primary suit with luxury vinyl floors, walk-in closet, newer ceiling fan & zebra shades plus blackout curtains for the shift worker! Lower level family room has walkout to nicely landscaped yard w/patio & extended fence for privacy! Full garage with lower level access, garage door opener, plus a nice sized storage room/laundry/utility room! Rare parking for 2 cars in the driveway! Visitor parking steps away, small complex just across from the water! Make this Hamilton Beach beauty your new home, in a beach side community close to everything!

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

Closing Costs

Mortgage Amount
$492,000
Land Transfer Taxes$8,775
Legal Fees (Est.)
$
Total cash required for closing$133,275

Total Monthly Obligation

$3,289/mo
Mortgage $2,481
Monthly Loss $2,637
Principal$653
Interest$1,828
Property Tax$406
Condo Fees$203
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.3%45
10-Year IRR
11.7%
Returns Index
23.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$35,760/yr
NOI
$22,479/yr
Net Cash Flow
-$607/mo
Cash Margin
-20.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
26.2/ 100

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

Comparables

Properties near 470 Beach Boulevard 65

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.