
65- 470 Beach Boulevard, Hamilton
Hamilton
$649,999
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SERVICES INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
39
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,300/mo
Estimated from market price-to-rent ratios
Remarks
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!
MississaugaInvestor.ca
65- 470 Beach Boulevard
Condo Townhouse · 3bd/2ba · ~1,500 sqft
$649,999
Cash-Flow Report · August 1, 2026
Cap Rate
1.98%
Monthly Cash Flow
-$1,918/mo
Estimated Rent
$2,300/mo
Cash-on-Cash
-16.15%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,300 |
| Mortgage | −$2,992 |
| Property Tax | −$683 |
| Insurance | −$225 |
| Condo Fee | −$203 |
| Vacancy (5%) | −$115 |
| Cash Flow | -$1,918/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,600 |
| Vacancy (5%) | −$1,380 |
| Property Tax | −$8,190 |
| Insurance | −$2,700 |
| Condo Fee | −$2,436 |
| Annual NOI | $12,894 |
| Cap Rate | 1.98% |
Cash Required to Close
| Down Payment (20%) | $129,999.8 |
| Ontario Land Transfer Tax | $9,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,474.8 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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